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APRA CPS 230 para 41 (disruption beyond tolerance, 24 hours)
Clock: as soon as possible and no later than 24 hours after a critical operation is disrupted beyond its tolerance. The notification to APRA must describe the nature of the disruption, what action has been taken, the likely effect on business operations and the expected timeframe for getting back to normal operations.
Steps that cite it
Evidence commonly asked for
- APRA disruption notification procedure stating the 24-hour clock and the four required content items
- Notification template covering nature, actions taken, likely impact and return timeframe
- Copies of notifications lodged and timestamps of tolerance breach versus lodgement
Accepted citation forms are listed on the answer format page.