Document ID: chunk:federal_register_of_legislation:F2015L00830:body:0:p9
Version: federal_register_of_legislation:F2015L00830
Segment Type: other
Provision Reference: 
Character Range: 26387–29317

the portion of business activity undertaken by the RSE licensee in column 4. Where 'no longer a service provider' in column 2, report '0' in column 4.

        Example: Custodial services for an RSE are provided by the RSE licensee and one external custodian. The RSE licensee is responsible for 90 per cent of the custodial activities and the external service provider is responsible for 10 per cent of the custodial activities. In this example report the portion of business activity as '90' in column 4. The other custodian will be reported in item 4.

Details of services – external service providers

Item 4 collects all services undertaken with respect to all SAFs and SMADFs within the RSE licensee's business operations where the service is provided by an external service provider.

Reporting basis: report column 8 with respect to transactions that occurred during the reporting period; report column 9 and column 10 as at the end of the reporting period.

Unit of measurement: report column 8 as thousands of dollars; report column 9 as percentage to no decimal places; report column 10 as DD/MM/YYYY.

Item 4                      Report the service provided by the external service provider by role type in item 4.1. Report the role performed by the service provider in column 1. The types of roles are: accountant, administrator, asset consultant, custodian, financial advisor: employer, financial advisor: member, implemented consultant, professional indemnity insurer, internal auditor, investment manager, IT service provider, lawyer, platform provider, promoter, RSE actuary and RSE auditor. If the role performed by the external service provider is not listed in column 1 of item 4.1, report the service provided by the external service provider in item 4.2. Report the description of the other role in item 4.2 column 1.

                            For item 4.1 and item 4.2, report the type of service provider in column 2. The types of service providers are: associate provider and non-associate provider.

                            For item 4.1 and item 4.2, if the service provided is a material business activity, report 'yes' in column 3; otherwise, report 'no'.

                            For item 4.1 and item 4.2, if the service provided involves any offshoring, report 'yes' in column 4; otherwise, report 'no'.

                            For item 4.1 and item 4.2, where a new service provider is appointed during the reporting period, report 'new service provider' and where there is no longer an agreement with an existing service provider at the end of the reporting period, report 'no longer a service provider' in column 5. Report 'existing' if an existing service provider has not otherwise changed during the reporting period.

                            For item 4.1 and item 4.2, report the name of the service provider in column 6 and ABN of the service provider in column 7.