Breach Reporting Policy (APRA and ASIC-regulated entities)

Breach Reporting Policy: Compliance Framework for ASIC & APRA-Regulated Entities

This Breach Reporting Policy provides a structured framework for AFS Licensees, Credit Licensees, ADIs, insurers, and superannuation trustees to comply with ASIC and APRA breach reporting obligations. It includes clear processing steps, reporting templates, and process flows to ensure timely identification, assessment, and escalation of breaches. The policy outlines the responsibilities, establishes mandatory reporting timelines and details investigation, remediation, and compliance procedures.