CE Marking
EU marking for product conformity to harmonised legislation
APRA CPS 234
Australian prudential standard for information security capability
Quick Verdict
CE Marking declares product conformity for EU market access across industries, while APRA CPS 234 mandates information security governance for Australian financial entities. Companies adopt CE for free trade; CPS 234 for regulatory resilience and cyber defense.
CE Marking
CE marking (Conformité Européenne)
Key Features
- Manufacturer declares conformity to EU essential requirements
- Enables free circulation across EEA single market
- Mandatory only for harmonised EU product legislation
- OJEU harmonised standards grant presumption of conformity
- Risk-based modules A-H for conformity assessment
APRA CPS 234
APRA Prudential Standard CPS 234 Information Security
Key Features
- Board ultimate responsibility for information security
- 72-hour APRA notification for material incidents
- Systematic independent testing of controls
- Third-party capability assessment and oversight
- Asset classification by criticality and sensitivity
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
CE Marking Details
What It Is
CE marking (Conformité Européenne) is the EU's compliance marking framework for products under harmonised legislation. It signals the manufacturer's declaration that products meet essential health, safety, and environmental requirements. Scope covers categories like electrical equipment, machinery, and medical devices. Approach is risk-based, using conformity assessment modules (A-H) and harmonised standards for presumption of conformity.
Key Components
- Essential requirements from directives/regulations (e.g., LVD 2014/35/EU).
- Technical documentation, EU Declaration of Conformity (DoC), CE affixing rules.
- Modules for self-assessment or notified body involvement.
- Post-market surveillance under Regulation (EU) 2019/1020. Compliance via self-declaration or third-party verification.
Why Organizations Use It
Mandated for EEA market access; avoids fines, withdrawals. Enables free movement across 30+ countries. Reduces liability, builds trust. Provides strategic scale, procurement edge, and innovation via standards.
Implementation Overview
Map legislation, assess conformity, compile technical files (10-year retention). Test via labs/notified bodies; issue DoC, affix mark. Applies to manufacturers/importers in EEA-impacted industries. No central certification; authority audits enforce.
APRA CPS 234 Details
What It Is
APRA Prudential Standard CPS 234 (Information Security) is a binding prudential regulation issued by the Australian Prudential Regulation Authority, effective 1 July 2019. It mandates APRA-regulated entities maintain information security capabilities commensurate with threats to protect confidentiality, integrity, and availability of information assets. The approach is risk-based, requiring proportionate controls, governance, and assurance.
Key Components
- Governance with Board ultimate accountability and defined roles.
- Asset identification, classification by criticality/sensitivity.
- Controls across asset lifecycle, third-party oversight.
- Systematic testing, independent assurance, incident response.
- 72-hour APRA notification for material incidents; 10 business days for unremediable weaknesses. No fixed control count; focuses on outcomes with internal audit validation.
Why Organizations Use It
Mandatory for APRA entities (banks, insurers, super funds). Reduces incident impact, ensures operational resilience, avoids penalties. Builds trust, enables partnerships, cuts remediation costs.
Implementation Overview
Phased: gap analysis, policy framework, controls, testing, monitoring. Applies to all sizes in Australia; group-wide for heads. Requires evidence for APRA supervision; no external certification.
Key Differences
| Aspect | CE Marking | APRA CPS 234 |
|---|---|---|
| Scope | Product safety, conformity for harmonised EU rules | Information security resilience for financial entities |
| Industry | All manufacturing sectors, EU/EEA market access | Australian financial services (banks, insurers, super) |
| Nature | Mandatory self-declaration for covered products | Mandatory prudential standard with Board accountability |
| Testing | Conformity assessment modules, risk-based | Systematic independent control testing annually |
| Penalties | Market withdrawal, fines by Member States | Supervisory actions, enforcement notices, sanctions |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about CE Marking and APRA CPS 234
CE Marking FAQ
APRA CPS 234 FAQ
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