Document ID: chunk:federal_register_of_legislation:F2018L00039:body:0:p2
Version: federal_register_of_legislation:F2018L00039
Segment Type: other
Provision Reference: 
Character Range: 2741–5665

Reporting Standard applies must provide APRA with the information required by ARF 760.0 for each reporting period on a Licensed ADI basis.

Forms and method of submission

    6.             The information required by this Reporting Standard must be given to APRA in electronic format using the 'Direct to APRA' application or 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

    7.             An ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each quarter ending 31 March, 30 June, 30 September and 31 December.

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

       (a)          for the reporting period ending 30 September 2017, by 13 February 2018; and

       (b)          for reporting periods ending on or after 31 December 2017, within 30 business days after the end of the quarter to which the information relates.

    9.             APRA may, by notice in writing, extend the due date by which an ADI must provide the information required by this Reporting Standard, in which case the new due date will be the date specified in the notice of extension.

Quality control

    10.         The information provided by an ADI under this Reporting Standard may be completed on a best endeavours basis for the transition period, being for reporting periods ending on or before 30 June 2019.

    Note: for the avoidance of doubt, paragraph 10 of this Reporting Standard does not limit APRA from, under section 17 of the Financial Sector (Collection of Data) Act 2001, directing an ADI to give APRA explanation of, or variation to, information provided by an ADI under this Reporting Standard.

    11.         For reporting periods ending after the transition period specified in paragraph 10, all information provided by an ADI under this Reporting Standard must be the product of processes and controls that have been reviewed and tested by the external auditor of the ADI. Guidance Statement GS 012 Prudential Reporting Requirements for Auditors of Authorised Deposit-taking Institutions[1], issued by the Auditing and Assurance Standards Board, provides guidance on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if necessary to enable the external auditor to form an opinion on the accuracy and reliability of the information.

    12.         All information provided by an ADI under this Reporting Standard must be subject to processes and controls developed by the ADI for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of