Document ID: chunk:federal_register_of_legislation:F2023L00410:body:0:p3
Version: federal_register_of_legislation:F2023L00410
Segment Type: other
Provision Reference: 
Character Range: 5638–8574

extent to which the information is required for the purposes of the prudential supervision of the ADI.

    13.         APRA may grant an ADI an extension of a due date in writing, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.

Quality control

    14.         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 as set out in Prudential Standard APS 310 Audit and Related Matters. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information 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.

    15.         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 the information provided.

Authorisation

    16.         When an officer or agent of an ADI provides the information required by this Reporting Standard using the method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate acceptable to APRA.

Minor alterations to forms and instructions

    17.         APRA may make minor variations to:

       (a)          a form that is part of this reporting standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or

       (b)          the instructions to a form, to clarify their application to the form

    without changing any substantive requirement in the form or instructions.

    18.         If APRA makes such a variation it must notify each ADI that is required to report under this reporting standard.

Interpretation

    19.         In this reporting standard:

    AASB has the meaning in section 9 of the Corporations Act 2001.

    ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.

    APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

    APS 001 means Prudential Standard APS 001 Definitions.

    authorised NOHC has the meaning given in the Banking Act 1959.

    due date means the last day of the 35 calendar days provided for in paragraph 11 or, if applicable, the date on a notice of extension given under paragraph 13.

    foreign ADI has the meaning in section 5 of the Banking Act