Document ID: chunk:federal_register_of_legislation:F2023L00313:body:0:p14
Version: federal_register_of_legislation:F2023L00313
Segment Type: other
Provision Reference: 
Character Range: 40084–41471

value hierarchy

Report any transfers of liabilities from Level 1 or Level 3 into Level 2 of the fair value hierarchy during the reporting period in the relevant boxes.

    6.3        Transfers into Level 3 fair value hierarchy

Report any transfers of liabilities from Level 1 or Level 2 into Level 3 of the fair value hierarchy during the reporting period in the relevant boxes.

    [1]  The definitions of 'credit union' and 'other ADI' in paragraph 17 of this Reporting Standard provide that Cairns Penny Savings and Loans Limited is to be treated in accordance with the reporting period requirements applicable to credit unions.
    [2]   Level 1 and Level 2 are defined in accordance with APS 001.
    [3]  Refer to paragraph 5 of Reporting Standard ARS 111.0 Fair Values.
    [4]  Securitisation exposures are defined in accordance with APS 120.
    [5]  Cairns Penny Savings and Loans Limited is to be treated in accordance with the reporting period requirements applicable to credit unions.
    [6]  Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability.