Australian Prudential Regulation Authority stories
APRA embraces an ‘assume breach’ mentality with CPS 234
Even if you’re not in the financial services industry (FSI), you’ve probably already heard of CPS 234 – the new standard for data protection set forth by the Australian Prudential Regulation Authority (APRA).
Australia grants first banking license to fintech startup
Restricted licensees can call themselves a “bank” but cannot “actively” conduct business and have two years to become fully licensed.