Document ID: chunk:federal_register_of_legislation:F2023L00410:body:0:p6
Version: federal_register_of_legislation:F2023L00410
Segment Type: other
Provision Reference: 
Character Range: 15464–18526

Reporting Form ARF 223.0 Residential Mortgage Lending (ARF 223.0). The purpose of this form is to provide quarterly statistics on residential lending activities, including the stock and flow of credit and composition of loans by type.

General directions and notes

Reporting entity

The form is to be completed by all locally-incorporated ADIs (other than providers of purchased payment facilities) and any foreign ADI that has received a notice from APRA under paragraph 4 of Reporting Standard ARS 223.0 Residential Mortgage Lending.

Securitisation deconsolidation principle

Except as otherwise specified in these instructions, the following applies:

     1. Where an ADI (or a member of its Level 2 consolidated group[2]) participates in a securitisation that meets APRA's operational requirements for regulatory capital relief under Prudential Standard APS 120 Securitisation (APS 120):

        (a)          special purpose vehicles (SPVs) holding securitised assets may be treated as non-consolidated independent third parties for ARF 223.0, irrespective of whether the SPVs (or their assets) are consolidated for accounting purposes; and

        (b)          the assets, liabilities, revenues and expenses of the relevant SPVs may be excluded from the ADI's reported amounts in ARF 223.0.

    2.             Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that does not meet APRA's operational requirements for regulatory capital relief under APS 120, or the ADI undertakes a funding-only securitisation or synthetic securitisation (per APS 120), such assets are to be reported in ARF 223.0.

Reporting period

The information provided in this form must be for the three calendar months up to and including the last day of the stated quarter (i.e. September, December, March and June).

Unit of measurement

This form must be completed in Australian dollars (AUD) and in accordance with the units set out for each class of ADI in the following table, with the exception of item 12.

Class of ADI                Units
Reporting Category B ADIs   Millions of dollars rounded to one decimal place
Reporting Category A ADIs   Thousands of dollars with no decimal place

Convert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.

Report item 12 as a percentage to two decimal places.

Basis of preparation

Unless otherwise specifically stated, information reported on this form must comply with Australian accounting standards.

Standard Business Reporting (SBR)

The accounting type (i.e. credit or debit) is stated for all monetary items and represents the natural balance of the item collected.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in these instructions.

Definitions of security types and loan purposes

Dwelling              A self-contained room or suite of rooms, including cooking and bathing facilities, intended for long-term residential use. A dwelling is private (not