Document ID: chunk:federal_register_of_legislation:F2023L00591:reg:2:p1
Version: federal_register_of_legislation:F2023L00591
Segment Type: reg
Provision Reference: reg 2 (pt 1/2)
Character Range: 67233–70000

2       Assets Currency Held Amount                     All filers     Whole dollars             Report the value of the assets held in the currency.

Reporting Form SRF 550.2

Derivatives and Counterparties

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 550.2 Derivatives and Counterparties (SRF 550.2). This form collects information on the derivative exposures of RSEs and counterparties to these exposures.

General directions and notes

Reporting level
SRF 550.2 must be completed for each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF).

Reporting tables
Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set.  Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has 'Y' in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement
Report all items on SRF 550.2 in accordance with the Australian Accounting Standards.

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 may 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 must use the same exchange rates across all returns to APRA.

Amounts in SRF 550.2 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Items on SRF 550.2 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Items on SRF 550.2 are to be reported on a non-look through basis. A look through basis is where information about the underlying investments in an investment vehicle must be reported.

These instructions specify the reporting basis, unit of measurement and look