Document ID: chunk:federal_register_of_legislation:F2018L00370:body:0:p2
Version: federal_register_of_legislation:F2018L00370
Segment Type: other
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Character Range: 2881–5781

information required by the version of ARF 330.0 designated for a 'Licensed ADI' for each reporting period.

    6.             An ADI to which this Reporting Standard applies that is a highest parent entity in relation to a consolidated ADI group must also provide APRA the information required by the version of ARF 330.0 designated for a 'Consolidated Group' for each reporting period.

Form and method of submission

    7.             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

    8.             Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.

    9.             APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:

       (a)          the particular circumstances of the ADI;

       (b)          the extent to which the information is required for the purposes of the prudential supervision of the ADI; and

       (c)          the requirements of the RBA or the ABS.

    10.         The information required by this Reporting Standard must be provided to APRA in accordance with the table below. The right hand column of the table sets out the number of business days after the end of the reporting period to which the information relates within which information must be submitted to APRA by an ADI in the classes set out in the left hand column.

Class of ADI              Number of business days
Australian-owned Bank     25
Foreign Subsidiary Bank   25
Branch of a Foreign Bank  25
Building Society          15
Credit Union[1]           15
Other ADI                 25

    11.         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 date on the notice of extension.

Quality control

    12.         All information provided by an ADI under this Reporting Standard (except for the information required under paragraph 6) must be the product of systems, 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