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Showing 21 - 30 of 100 results for "CPS"

Family office, PE firms back local telco infrastructure provider

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
MADAUS Capital Partners, Friday Capital and The Silverfern Group have become equity partners in CPS Technology and Infrastructure as it prepares for growth. The firms will provide CPS with increased capital backing and strategic support, investing an ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... Practice Guide CPG 230 Operational Risk Management (CPG 230) is designed to assist in the implementation of Prudential Standard CPS 230 Operational Risk Management (CPS 230), which was finalised in July last year and takes effect from 1 July 2025. APRA ...

APRA warns entities on adequacy of backup systems

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
... supervisory activities in entities' cybersecurity systems. It comes as APRA continues its assessment of entities' compliance with CPS 234 Information Security. It said a key area of weakness is the use of data backups to protect an entity against data ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... assessing trustees' policies, processes, and practices in delivering good member outcome to enforce Prudential Standard CPS 230 Operational Risk Management, and transparency in administering the legislated performance test and heatmaps. The consultation ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... delivered by Therese McCarthy Hockey in August of last year on the regulator's expectations in relation to Prudential Standard CPS 230 Operational Risk Management, which all APRA-regulated entities must comply with from 1 July 2025. In that speech ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... APRA said a significant amount of data was lost and "significant deficiencies" were identified in the fund's compliance with CPS 234 - Information Security. More super funds are expected to submit CPS 234 self-assessments in the next six months as part ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... APRA's request following the attack. "The reviews identified deficiencies in NGS' compliance with Prudential Standard CPS 234 - Information Security (CPS 234), while the cyber incident involved a significant amount of data being lost and NGS' ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially franked at 65% and an additional one-off unfranked dividend of 13 cps. ANZ chief ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the steps taken to ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... was $196.1 million, down a significant 78.5% on the previous year. Full year distributions totaled 42.5 cents per security (cps).It comes as the Charter Hall Long WALE REIT (CLW) made a whopping 122% loss after raking in a profit of $911.9 million in ...