Document ID: chunk:federal_register_of_legislation:F2015L01998:body:0:p1
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Financial Sector (Collection of Data) (reporting standard) determination No. 43 of 2015

Reporting Standard SRS 721.0 ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing

Financial Sector (Collection of Data) Act 2001

I, Steven Davies, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) DETERMINE Reporting Standard SRS 721.0 ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities on 1 July 2016.

This instrument commences on date of registration on the Federal Register of Legislative Instruments.

Dated: 10 December 2015

[Signed]

Steven John Davies
General Manager, Statistics

Interpretation
In this Determination:

APRA means the Australian Prudential Regulation Authority.

financial sector entity has the meaning given in section 5 of the Act.
Schedule

Reporting Standard SRS 721.0 ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing comprises the 26 pages commencing on the following page.

Reporting Standard SRS 721.0

ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing

Objective of this Reporting Standard
This Reporting Standard sets out the requirements for the provision of information to APRA relating to securities subject to repurchase and resale and stock lending and borrowing of a registrable superannuation entity for the purposes of the Australian Bureau of Statistics.
It includes Form SRF 721.0 ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing and associated specific instructions.

Authority
     1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose
    2.             Information collected in Form SRF 721.0 ABS Securities Subject to Repurchase and Resale and Stock Lending and Borrowing (SRF 721.0) is used by the Australian Bureau of Statistics (ABS) for compilation of the Australian National Accounts and other publications. It may also be used by APRA for the purposes of prudential supervision and publication.

Application and commencement
    3.             This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each relevant RSE within its business operations.[1]

    4.             For the purposes of this Reporting Standard, a 'relevant RSE' is an RSE, defined benefit RSE, pooled superannuation trust (PST) or eligible rollover fund (ERF) that had total assets equal to or greater than $200 million at the end of the most recent year of income at the time of reporting.

    5.             This Reporting Standard applies for reporting periods ending on or after 1 July 2016.