Document ID: chunk:federal_register_of_legislation:F2023L00307:body:0:p4
Version: federal_register_of_legislation:F2023L00307
Segment Type: other
Provision Reference: 
Character Range: 8471–11962

prudential standards which relate to capital adequacy as defined in GPS 001;

       Chief Financial Officer means the chief financial officer of the insurer, by whatever name called;

       financial year means the financial year (within the meaning in the Corporations Act 2001) of the insurer;

       foreign insurer means a foreign general insurer within the meaning of the Insurance Act;

       Note: A reference to a 'branch' or 'branch operation' is a reference to the Australian operations of a foreign insurer.

       general instruction guide refers to the general instruction guide set out in Attachment A of GRS 001;

       Insurance Act means the Insurance Act 1973;

       insurer means a general insurer within the meaning of section 11 of the Insurance Act;

       Note: In the forms and instructions, a reference to an 'authorised insurer', 'authorised insurance entity' or 'licensed insurer' is a reference to an insurer, and a reference to an 'authorised reinsurance entity' is a reference to an insurer whose business consists only of undertaking liability by way of reinsurance.

       non-APRA-authorised reinsurer means any reinsurer that is not an APRA-authorised reinsurer;

       Principal Executive Officer means the principal executive officer of the insurer, by whatever name called, and whether or not he or she is a member of the governing board of the insurer; and

       reporting period means a period mentioned in subparagraph 6(a) or 6(b) or, if applicable, paragraph 7.

GRF_112_3: Related Party Exposures (GEN)

Australian Business Number  Institution Name

Reporting Period            Scale Factor      Reporting Consolidation
Quarterly / Annual          Thousands         Licensed Insurer

Section 1: Investments in subsidiaries, joint ventures and associates and contributions to regulatory adjustments

Name   ACN / ABN  Category  Description / nature of business  Country of incorporation  Total assets  Value of investment net of goodwill and other intangibles  Ownership percentage (%)  Goodwill  Other intangibles  Adjustment for goodwill / other intangibles  Nature of regulatory capital requirement  Regulatory capital requirement  Adjustment for regulatory capital requirements
(1)    (2)        (3)       (4)                               (5)                       (6)           (7)                                                        (8)                       (9)       (10)               (11)                                         (12)                                      (13)                            (14)

Total

Section 2: Other related party exposures

Name   ACN / ABN  Category  Type of exposure  Fair value of exposure
(1)    (2)        (3)       (4)               (5)

Total

GRF_112_3 Related Party Exposures

These instructions must be read in conjunction with the general instruction guide.

Explanatory notes

Reported exposures

All equity investments in subsidiaries, associates and joint ventures should be reported in Section 1, Columns 1 to 8, regardless of whether the investment is subject to the regulatory adjustments relating to goodwill, intangibles and regulatory capital requirement.

Columns 9 to 14 do not apply to an investment in a subsidiary, joint venture or associate that:

    * is operationally independent;

    * represents a genuine arm's-length investment;

    * is not subject to regulatory capital requirements; and

    * does not undertake insurance