Regulators are no longer asking whether you have a policy. They're asking whether you can prove it works.
Treasury's first refresh of either regulator's mandate since 2021 names responsible AI oversight as a priority for APRA and ASIC alike - paired with an explicit instruction to keep it proportionate.
Read the key findingsBoards lack technical literacy to challenge AI risk. Assurance practices aren't keeping pace. Enforcement follows where gaps persist.
Read the key findingsGovernance must be backed by test results, audit findings and independent validation - not assurances alone.
Read the key findingsCritical operations and AI vendors must be registered, governed and tested. 72-hour incident notification is mandatory.
Read the key findingsMost organisations are deploying AI well ahead of the controls, frameworks and assurance.
Tick what you have confidently in place. Gaps become your roadmap to regulatory confidence.
Now imagine the same exercise with your whole leadership team - anonymous, individually scored, aggregated live in one day, and mapped to APRA, ASIC and CPS 230 in a written report within 48 hours.
Applied Intelligence is our methodology for closing diagnostic gaps.
A structured diagnostic across governance, people, process and tools - mapped to regulatory expectations.
Policy, accountability structures and lifecycle processes embedded within your existing risk framework.
AI audit methodology and evidence frameworks built with your audit and risk teams - not parachuted in.
Board reporting, regulatory liaison and continuous monitoring as your AI capability evolves.
Aether responds directly to regulatory requests - giving you continuous, auditable evidence regulators can act on.
| System | Owner | Risk tier | Frameworks | Status |
|---|---|---|---|---|
| Credit Scoring Model Retail lending |
Chief Risk Officer | High | APRA, ASIC, Privacy Act | Needs review |
| Fraud Detection Engine Payments |
Head of Financial Crime | High | APRA CPS 230, ISO 42001 | Compliant |
| KYC Verification AI Onboarding |
Head of Compliance | High | AML/CTF, Privacy Act | Needs review |
| Contract Review Copilot Legal |
General Counsel | Medium | Corporate risk policy | Compliant |
Live inventory of where AI influences your critical business processes
Defensible audit trail linking every AI interaction to an accountable owner
Board-ready scorecard - what's controlled, what's partial, what needs attention
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Last updated: July 2026