Banking, Insurance, Life Insurance and Health Insurance (prudential standard) determination No.1 of 2019 (Cth)

Banking, Insurance, Life Insurance and Health Insurance (prudential standard) determination No.1 of 2019

Prudential Standard CPS 220 Risk Management

Banking Act 1959 Insurance Act 1973 Life Insurance Act 1995 Private Health Insurance (Prudential Supervision) Act 2015

I, Pat Brennan, delegate of APRA: (a) under subsection 11AF(3) of the Banking Act 1959 REVOKE Banking, Insurance, Life Insurance and Health Insurance (prudential standard) determination No. 1 of 2017, including Prudential Standard CPS 220 Risk Management made under that Determination;

(b) under subsection 32(4) of the Insurance Act 1973 REVOKE Banking, Insurance Life Insurance and Health Insurance (prudential standard) determination No. 1 of 2017, including Prudential Standard CPS 220 Risk Management made under that Determination;

(c) under subsection 230A(5) of the Life Insurance Act 1995 REVOKE Banking, Insurance Life Insurance and Health Insurance (prudential standard) determination No. 1 of 2017, including Prudential Standard CPS 220 Risk Management made under that Determination;

(d) under subsection 92(5) of the Private Health Insurance (Prudential Supervision) Act 2015 REVOKE Banking, Insurance, Life Insurance and Health Insurance (prudential standard) determination No. 1 of 2017, including Prudential Standard CPS 220 Risk Management made under that Determination;

(e) under subsection 11AF(1) of the Banking Act 1959 DETERMINE Prudential Standard CPS 220 Risk Management in the form set out in the Schedule, to the extent that it applies to all ADIs and authorised banking NOHCs;

(f) under subsection 32(1) of the Insurance Act 1973 DETERMINE Prudential Standard CPS 220 Risk Management in the form set out in the Schedule, to the extent that it applies to all general insurers, authorised insurance NOHCs, and subsidiaries of general insurers and authorised insurance NOHCs;