Banking, Insurance and Life Insurance (prudential standard) determination No. 2 of 2012 - Prudential Standard CPS 232 - Business Continuity Management
Determinations made under previous prudeDeterminations made under previous prudential standards
Start here
Get a plain-English read of Determinations made under previous prude
Turn the raw legal text into a practical explanation grounded in Banking, Insurance and Life Insurance (prudential standard) determination No. 2 of 2012 - Prudential Standard CPS 232 - Business Continuity Management.
Determinations made under previous prudential standards
- An exercise of APRA’s discretion (such as an approval, waiver or direction) under a previous version of this Prudential Standard continues to have effect as though exercised pursuant to a corresponding power (if any) exercisable by APRA under this Prudential Standard.
For the purposes of this paragraph, ‘a previous version of this Prudential Standard’ includes:
(a) Prudential Standard APS 232 Business Continuity Management (including Guidance Note AGN 232.1 Risk Assessment and Business Continuity Management) made on 18 April 2005;
(b) Prudential Standard GPS 222 Business Continuity Management (including Guidance Note GGN 222.1 Risk Assessment and Business Continuity Management) made on 18 April 2005;
(c) Prudential Standard LPS 232 Business Continuity Management made on 23 March 2007;
(d) Prudential Standard GPS 221 Risk Management: Level 2 Insurance Groups (GPS 221) made on 17 December 2008, to the extent that GPS 221 related to business continuity management; and
(e) Prudential Standard CPS 232 Business Continuity Management made on 9 September 2011.