Document ID: chunk:federal_register_of_legislation:F2023L00405:body:0:p1
Version: federal_register_of_legislation:F2023L00405
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Financial Sector (Collection of Data) (reporting standard) determination No. 51 of 2023

Reporting Standard ARS 120.1 Securitisation — Regulatory Capital

Financial Sector (Collection of Data) Act 2001

I, Michael Murphy, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:

    (a)   revoke Financial Sector (Collection of Data) (reporting standard) determination No. 16 of 2017, including -              Reporting Standard ARS 120.1 Securitisation — Regulatory Capital made under that Determination; and

    (b)   determine Reporting Standard ARS 120.1 Securitisation — Regulatory Capital, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.

Under section 15 of the Act, I declare that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, on the day it is registered on the Federal Register of Legislation.

This instrument commences upon registration on the Federal Register of Legislation.

Dated: 31 March 2023

Michael Murphy
Acting Chief Data Officer
Technology and Data Division

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.

Federal Register of Legislation means the register established under section 15A of the Legislation Act 2003.

    financial sector entity has the meaning given by section 5 of the Act.

Schedule

Reporting Standard ARS 120.1 Securitisation — Regulatory Capital comprises the document commencing on the following page.

Reporting Standard ARS 120.1

Securitisation — Regulatory Capital

Objective of this Reporting Standard
This Reporting Standard sets out the requirements for the provision of information to APRA in relation to an authorised deposit-taking institution's securitisation exposures.

It includes Reporting Form ARF 120.1 Securitisation — Regulatory Capital and should be read in conjunction with Prudential Standard APS 120 Securitisation.

Authority

     1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose

    2.             Information collected in Reporting Form ARF 120.1 Securitisation — Regulatory Capital (ARF 120.1) is used by APRA for the purpose of prudential supervision, including assessing compliance with Prudential Standard APS 120 Securitisation (APS 120). It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).

Application and commencement

    3.             This Reporting Standard applies to all authorised deposit-taking institutions (ADIs), other than foreign ADIs and providers of purchased payment facilities. This Reporting Standard may also apply to the non-operating holding company (NOHC) of an ADI (refer to paragraph 6).

    4.             This Reporting Standard applies for reporting periods ending on or after 31 March 2023.

Information required

    5.             An ADI to which this Reporting Standard applies must provide APRA with