Arkna
APRA · explainer

CPS 230 for AI agents

What operational-risk records look like when the operator is an agent. Four short pages.

Reading Page 1 of 4
01 · The obligation

CPS 230, operational risk

CPS 230 is APRA’s Prudential Standard on Operational Risk Management. The original standard commenced on 1 July 2025. Following targeted amendments, the current instrument commenced on 1 July 2026.

It requires an APRA-regulated entity to manage operational risk, monitor and test its controls, and ensure operational incidents and near misses are identified, escalated, recorded and addressed. It does not prescribe a dedicated record for every AI-agent run.

02 · The 30 April 2026 letter

APRA's AI letter to industry

On 30 April 2026, APRA published AI-specific expectations for boards and accountable executives, drawn from a targeted supervisory review in late 2025. The letter identifies four areas for action:

01Board oversight and governance of AI
02Cyber and information security, including controls for agentic systems
03Supplier management and concentration
04Integrated assurance across the three lines of defence
03 · CPS 234 and the point

Evidence for agent activity

CPS 234, Information Security, requires an entity to maintain information-security capability and controls. CPS 230 addresses operational risk, control effectiveness, incidents and service-provider risk. Neither standard prescribes a complete replay of an agent run.

When an agent takes the action, the organisation still needs evidence that supports its operational-risk and information-security oversight. Arkna can organise observed activity from agreed capture points for that review. The compliance judgment stays with the organisation, its advisors and its auditors.

04 · Sources

Read it on apra.gov.au

Every claim on this page traces to APRA's own material below.

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