Document ID: chunk:federal_register_of_legislation:F2015L01998:body:0:p2
Version: federal_register_of_legislation:F2015L01998
Segment Type: other
Provision Reference: 
Character Range: 2807–5695

had total assets equal to or greater than $200 million at the end of the most recent year of income at the time of reporting.

    5.             This Reporting Standard applies for reporting periods ending on or after 1 July 2016.

Information required
    6.             An RSE licensee to which this Reporting Standard applies must provide APRA with the information required by SRF 721.0 in respect of each reporting period.

Forms and method of submission
    7.             The information required by this Reporting Standard must be given to APRA in electronic format using the 'Direct to APRA' application or, where 'Direct to APRA' is not available, by a method notified by APRA, in writing, prior to submission.

    Note: the 'Direct to APRA' application software (also known as 'D2A') may be obtained from APRA.

Reporting periods and due dates
    8.             Subject to paragraph 9, an RSE licensee to which this Reporting Standard applies must provide the information required by this Reporting Standard in respect of each relevant RSE within its business operations for each quarter based on the year of income of the entity.

    9.             If, having regard to the particular circumstances of a relevant RSE, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 8, APRA may, by notice in writing, change the reporting periods for the particular relevant RSE.

    10.         The information required by this Reporting Standard must be provided to APRA:

       (a)          in the case of quarterly information:

           (i)            for reporting periods ending on or after 1 July 2016 but before 1 July 2017 – within 35 calendar days after the end of the quarter to which the information relates[2]; and

           (ii)         for reporting periods ending on or after 1 July 2017 – within 28 calendar days after the end of the quarter to which the information relates; and

       (b)          in the case of information provided in accordance with paragraph 9, within the time specified by notice in writing.

    11.         APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more relevant RSEs within its business operations, in which case the new due date for the provision of the information will be the date on the notice of extension.

Quality control
    12.         All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies and procedures for the authorisation of information submitted to APRA is in place.

    13.         The information