Document ID: chunk:federal_register_of_legislation:F2023L01380:body:0:p8
Version: federal_register_of_legislation:F2023L01380
Segment Type: other
Provision Reference: 
Character Range: 18840–19738

in Prudential Standard CPS 510 Governance (CPS 510) and as defined in APS 001. In the case of a Category C insurer or an EFLIC, "Board" refers to the senior officer outside Australia or Compliance Committee (as applicable), as referred to in CPS 510 and as defined in GPS 001, LPS 001 and HPS 001.
[10] For an RSE licensee, the triggers must be relevant to the RSE licensee's business operations and may be informed by the key performance indicators used by the RSE licensee to monitor performance against the business plan (refer to SPS 515).
[11]  In the case of RSE licensees, for the avoidance of doubt, the reference to liquidity position does not refer to the liquidity and cash flow management requirements in Prudential Standard SPS 530 Investment Governance.
[12] These capabilities may be maintained within the APRA-regulated entity or via an appropriate agreement with an external party.