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Geopolitics, AI tests prudential regulation: APRA
Financial Standard
|September 22, 2025
In addition to "worsening" cybersecurity risks, geopolitical volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA.
APRA member Therese McCarthy Hockey 01 said geopolitical risk has become a "risk accelerant" that the regulator is trying to keep on top of and expects boards to also be thinking about.
"It plays into things you're already thinking about, like operational risk management and cyber, and this idea that cyber is a weapon of choice," she recently told a FINSIA event.
"There are some other flavours that come into that, like personnel risk, so thinking very carefully about where you operate and the safety of your people. Those are the sorts of things we expect boards to be thinking about... And are you doing the things you need to do accordingly?"
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