# Business Impact Analysis for CPS 230 > Meet CPS 230 requirements by identifying critical operations, dependencies, and tolerance levels. The BIA process ensures APRA-regulated entities can demonstrate resilience and compliance across banking, insurance, superannuation, and health sectors. *This content is available in full at: https://www.fixinc.io/disciplines/business-impact-analysis-for-cps-230* A CPS 230-aligned Business Impact Analysis delivers a comprehensive register of critical operations, including dependencies on people, technology, facilities, and service providers. It defines maximum tolerable downtime, data loss thresholds, and service level expectations in line with CPS 230 obligations. APRA requires that financial institutions identify and assess critical operations and maintain tolerance levels through disruptions. Without a CPS 230-aligned BIA, your entity risks non-compliance, inadequate board assurance, and regulatory penalties. A clear, compliant BIA is the foundation for resilience and regulatory trust. ## Delivery Approach **Plan**: Agile, first-principles planning ensures a smooth rollout of your refreshed program. **Do**: Business Impact Analysis for CPS 230 is rolled out smoothly at your organisation. **Check**: Your Business Impact Analysis for CPS 230 is draft until validated. This step addresses that requirement. **Act**: Your team and ours will be ready when your Business Impact Analysis for CPS 230 is activated in real-life scenarios. ## Engagement Process ### Initial Consultation - A link will be sent via email from the Advisory team to schedule a convenient time for a call over phone, Teams, Zoom, or in person - 30-45 minute discussion to understand objectives, answer questions, and explain how Fixinc works - Proposal and quote delivered within 24 hours detailing the scope of work - Final quote provided for signing following a discussion one week later - If not signed off within five weeks, the proposal expires ### Delivery Phases **Review and Health Check**: All Business Impact Analysis for CPS 230 engagements start with a deep review of existing arrangements. Benchmarks are set based on best practice and ISO standards. **Design and Develop**: With appropriate involvement from your team, the Business Impact Analysis for CPS 230 component of your CPS 230 Compliance program is built to the highest quality available. **Validate**: Where appropriate, the new Business Impact Analysis for CPS 230 discipline is tested and validated. This provides tangible evidence of capability and maturity to stakeholders. **Maintain**: A plan is built to ensure Business Impact Analysis for CPS 230 runs annually, maintaining momentum in your resilience program. ## Additional CPS 230 Compliance Disciplines The following disciplines complement Business Impact Analysis for CPS 230 to ensure a comprehensive approach to CPS 230 compliance: - [ISO 22301-Aligned BIA Review for CPS 230](https://docs.fixinc.io/disciplines/iso-22301aligned-bia-review-for-cps-230.md): Review and align existing BIA to APRA requirements on critical operations and tolerance levels - [ISO 22301 Gap Assessment for CPS 230 Compliance](https://docs.fixinc.io/disciplines/iso-22301-gap-assessment-for-cps-230-compliance.md): Identify where APRA-regulated entities fall short on business continuity and service provider oversight - [Business Continuity Plan for CPS 230 Compliance](https://docs.fixinc.io/disciplines/business-continuity-plan-for-cps-230-compliance.md): Develop BCPs that protect critical operations and define tolerance levels - [Business Continuity Training for CPS 230 Compliance](https://docs.fixinc.io/disciplines/business-continuity-training-for-cps-230-compliance.md): Build awareness and capability to manage disruptions in line with APRA requirements - [Desktop Scenario Exercises for CPS 230](https://docs.fixinc.io/disciplines/desktop-scenario-exercises-for-cps-230.md): Test ability to maintain critical operations within tolerance levels through practical exercises - [Business Continuity Program Review and Audit for CPS 230](https://docs.fixinc.io/disciplines/business-continuity-program-review-and-audit-for-cps-230.md): Independent reviews assessing compliance and readiness to maintain critical operations - [ISO 22301:2019 Internal Audit Support for CPS 230](https://docs.fixinc.io/disciplines/iso-223012019-internal-audit-support-for-cps-230.md): Support internal audit teams to test business continuity controls and provide assurance ## Frequently Asked Questions ### What is a CPS 230 Business Impact Analysis? A CPS 230 Business Impact Analysis is the process of identifying critical operations, dependencies, and tolerance levels as required by APRA's Prudential Standard CPS 230. For APRA-regulated entities such as banks, insurers, super funds, and health funds, a BIA provides the foundation for demonstrating operational resilience and compliance. ### Why is a CPS 230 Business Impact Analysis important for APRA-regulated entities? CPS 230 requires financial institutions to prove they can continue delivering critical operations within defined tolerance levels during disruptions. Without a CPS 230-aligned BIA, entities risk regulatory penalties, operational blind spots, and an inability to assure boards and APRA of their resilience posture. ### What does a CPS 230 Business Impact Analysis include? A CPS 230-aligned BIA should cover: - Identification of critical operations and interdependencies - Register of material service providers - Maximum tolerable downtime and data loss thresholds - Tolerance levels for customer impact and service continuity All elements are documented in line with ISO 22301 and CPS 230. ### How does a CPS 230 Business Impact Analysis connect to business continuity planning? Under CPS 230, the BIA is the first step in building a credible Business Continuity Plan. It defines the critical operations and tolerance levels that a BCP must address. Fixinc links the BIA directly into the BCP, so the continuity strategy meets regulatory expectations and provides practical resilience. ### How does Fixinc support CPS 230 Business Impact Analysis? Fixinc conducts structured BIAs for APRA-regulated entities, mapping critical operations, dependencies, and service providers. This includes defining tolerance levels, preparing board-ready documentation, and aligning analysis with both ISO 22301 and CPS 230, ensuring organisations are compliant and audit-ready. ### How often should a CPS 230 Business Impact Analysis be reviewed? CPS 230 requires BIAs and critical operation registers to be regularly tested and updated. Fixinc recommends at least annual reviews, or more frequently if business mix, operations, or service providers change. Ongoing review services are available to keep the BIA current and compliant. ### What role does the Board have in a CPS 230 Business Impact Analysis? Boards are accountable under CPS 230 for approving BCPs and ensuring tolerance levels are defined and tested. A CPS 230 BIA provides the evidence and analysis boards need to discharge their obligations. Fixinc prepares BIA outputs in a format suitable for board review and APRA oversight. --- **View this page online:** https://www.fixinc.io/disciplines/business-impact-analysis-for-cps-230 For program inquiries: [Contact Fixinc](https://www.fixinc.io/contact) | info@fixinc.org | +64 800 349 462