Document ID: chunk:federal_register_of_legislation:F2015L00830:body:0:p10
Version: federal_register_of_legislation:F2015L00830
Segment Type: other
Provision Reference: 
Character Range: 29060–32043

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.

                            For item 4.1 and item 4.2, report the expense of the service performed during the reporting period in column 8.

                            For item 4.1 and item 4.2, where one service provider performs a particular role, report '100' in column 9. Where more than one service provider performs the same role, report the portion of business activity undertaken by each service provider in column 9. Where one service provider is reported as 'no longer a service provider' in column 5, report '0' in column 9.

                            Example: if the services of two custodians are used, one responsible for 90 per cent of the custodial activities and the other responsible for 10 per cent of the custodial activities, report each custodian on a separate line and report the portion of business activity as '90' and '10' respectively on the relevant line.

                            Report the date of last review of the service provider in column 10.

Associate provider          Represents where a business function is undertaken by an external service provider, rather than by the RSE licensee and its employees, and the service provider is an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing.

Non associate provider      Represents where a business function is undertaken by an external service provider, rather than by the RSE licensee and its employees, and the service provider is not an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing.

Material business activity  Represents where the service is a material business activity within the meaning given in Prudential Standard SPS 231 Outsourcing.

Offshoring                  Represents where the service is offshoring within the meaning given in Prudential Standard SPS 231 Outsourcing.

Date of last review   Represents the date on which the RSE licensee most recently reviewed the arrangement with the provider of the services regardless of whether or not a full tender process has occurred. Includes, but is not limited to: the date of engagement of the service provider, or the most recent date of review and recommitment to continuing use of the service provider.

Transactions with associates

Item 5 and item 6 collect transactions with associates of the RSE licensee. Item 5 collects income transactions with associates. Item 6 collects expense transactions with associates.

Transactions may be aggregated in item 5 and item 6 only where they occurred during the same reporting period, and where the counterparty, relationship, and the other characteristics of the transactions are the same.

Report each transaction