Document ID: chunk:federal_register_of_legislation:F2015L01984:body:0:p6
Version: federal_register_of_legislation:F2015L01984
Segment Type: other
Provision Reference: 
Character Range: 18814–21708

Standards unless otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee is free to use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee is expected to use the same exchange rates across all returns to APRA.

Note: for the major currencies, an RSE licensee may to use the exchange rates available in the Reserve Bank of Australia (RBA), which are available on the RBA website: http://www.rba.gov.au/statistics/hist-exchange-rates/index.html.

Items on SRF 532.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Report information with respect to transactions that occurred during the reporting period on a year to date basis, rather than for the individual quarter alone.

Items on SRF 532.0 are to be reported as thousands of dollars, percentages and dates. Report percentages as a whole number to one decimal place, i.e. 10 per cent is to be reported as 10.0. Report dates as DD/MM/YYYY.

Certain items in SRF 532.0 are to be reported on an APRA-look through basis. Reporting on an APRA-look through basis means:

    (a)           where the ultimate investment is held directly by the RSE licensee, reporting that investment;

    (b)           where the ultimate investment is held by a person connected with the RSE licensee, reporting that investment; and

    (c)           where the ultimate investment is not held by the RSE licensee or a person connected with the RSE licensee, reporting the most proximate investment, of a person connected with the RSE licensee, to the ultimate investment.[5]

These instructions specify the unit of measurement and APRA-look through basis that applies to each item.

Specific instructions

Report large exposures only on SRF 532.0. A large exposure means an investment that represents at least one per cent of the total investments of the RSE as reported under Reporting Standard SRS 530.0 Investments.

Terms highlighted in bold italics indicate that the definition is provided in these instructions. Additional definitions are provided at the end of these instructions.

Where the relevant organisation does not have an ABN, leave the ABN field blank e.g. where the organisation is domiciled in an overseas jurisdiction.

Directly held investments – large exposures

Item 1 collects large exposures that are directly held.

Unit of measurement: report item 1 column 2 and item 1.1 in thousands of dollars.

APRA-look through basis: report item 1 on