On 10 June 2015, the Australian Prudential Regulation Authority (APRA) released the final version of its Superannuation Prudential Practice Guide SPG 223 – Fraud Risk Management (SPG 223) following consultation with industry conducted in October 2014. As with other prudential practice guides released by APRA, SPG 223 is a non-binding document which sets out APRA’s view of sound practice in the area of fraud risk management. In particular, SPG 223 provides insight into the steps…