APRA calls for a step-change in AI-related risk management and governance

🇦🇺 Global Regulation Tomorrow (AU) —
APRA calls for a step-change in AI-related risk management and governance

AI Summary

The Australian Prudential Regulation Authority (APRA) has called for substantial improvements in AI-related risk management and governance frameworks within financial institutions. This move aims to address emerging risks associated with the increasing integration of AI technologies in the finance sector.

On 30 April 2026, the Australian Prudential Regulation Authority (APRA) issued a letter calling for a step-change in how banks, insurers and ...

Politics AI & Tech APRA AI governance risk management financial institutions

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