Document ID: chunk:federal_register_of_legislation:F2024L01127:front:0:p4
Version: federal_register_of_legislation:F2024L01127
Segment Type: other
Provision Reference: 
Character Range: 8245–11228

means a reporting period within the meaning given in the old reporting standard:

        1.           that ended before 30 September 2024; and

        2.           in relation to which the ADI would have been required, if the old reporting standard had not been revoked, to report by a date on or after the date of revocation of the old reporting standard.

    Note: For the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide any overdue reporting documents in accordance with the old reporting standard.

Interpretation

 1.          In this Reporting Standard the following definitions are applicable:

AASB has the meaning in section 9 of the Corporations Act 2001.

ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

APS 001 means Prudential Standard APS 001 Definitions or, if that standard is revoked, Prudential Standard CPS 001 Defined terms as it applies to an ADI or authorised NOHC.

authorised NOHC has the meaning given in the Banking Act 1959.

business days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.

due date means the relevant due date under paragraph 11 or, if applicable, the date on a notice of extension given under paragraph 12.

foreign ADI has the meaning given in section 5 of the Banking Act 1959.

    immediate parent NOHC means an authorised NOHC, or a subsidiary of an authorised NOHC, that is an immediate parent NOHC.

IRB approach refers to the internal ratings-based approach to credit risk, as set out in APS 113.

    Level 1 has the meaning given to that expression in APS 001.

    Level 2 has the meaning given to that expression in APS 001.

locally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.

reporting period means a period mentioned in paragraph 9 or, if applicable, paragraph 10.

 1.          Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing and Assurance Standard is a reference to the instrument as in force from time to time.

Reporting Standard ARS 113.0

Capital Adequacy: Internal Ratings-based Approach to Credit Risk

General instructions

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) participates in a securitisation that meets APRA's operational requirements for regulatory capital relief under Prudential Standard APS 120 Securitisation (APS 120):

 1.           special