Document ID: chunk:federal_register_of_legislation:F2015L00808:body:0:p4
Version: federal_register_of_legislation:F2015L00808
Segment Type: other
Provision Reference: 
Character Range: 8470–12437

capital
                                          ORFR reserve
                                          ORFR trustee capital and ORFR reserve

Details of the RSE licensee's ORFR

                          Across RSE licensee's business operations  Attributed to RSEs (excluding SAFs and SMADFs)  Attributed to SAFs or SMADFs  Not attributed to an RSE, SAF or SMADF
                          (1)                                        (2)                                             (3)                           (4)
2.  ORFR target amount
3.  ORFR reserves
4.  ORFR trustee capital
5.  ORFR tolerance limit

Transition and replenishment plans

6.  Does the RSE licensee have a transition plan or replenishment plan in force?  Transition or replenishment plan
                                                                                  Yes, transition plan
                                                                                  Yes, replenishment plan
                                                                                  No

  6.1.  Transition or replenishment plan effective date
  6.2.  Transition or replenishment plan expected date to meet the ORFR

7.  Details of payments made to address an operational risk event

Description  Date   ORFR trustee capital  ORFR reserve
(1)          (2)    (3)                   (4)

Movements in ORFR trustee capital

8.  Transfers into ORFR trustee capital

  8.1.  Deductions from members' benefits
  8.2.  Compensation payments from trustee insurance policies
  8.3.  Compensation payments from service providers
  8.4.  Other transfers into ORFR trustee capital
    8.4.1.  Details of other transfers into ORFR trustee capital
  Description                                                     Value
  (1)                                                             (2)

  8.5.  Total

9.  Transfers out of ORFR trustee capital

  9.1.  Payments to address an operational risk event
  9.2.  Other transfers out of ORFR trustee capital
    9.2.1.  Details of other transfers out of ORFR trustee capital
  Description                                                       Value
  (1)                                                               (2)

  9.3.  Total

10.  ORFR trustee capital surplus distributed

  10.1.  Distributed to member accounts
  10.2.  Distributed to employer-sponsor
  10.3.  Distributed to other recipient
    10.3.1.  Details of other recipient
Description                                         Value
(1)                                                 (2)

  10.4.  Total

Reporting Form SRF 114.0

Operational Risk Financial Requirement

Instructions

These instructions assist completion of Reporting Form SRF 114.0 Operational Risk Financial Requirement (SRF 114.0). SRF 114.0 collects information relating to the operational risk financial requirement (ORFR) of an RSE licensee, specifically how the RSE licensee chooses to meet the ORFR, transition and replenishment plans and payments from the ORFR. Information reported in SRF 114.0 is required primarily for prudential and publication purposes.

Reporting level

SRF 114.0 must be completed for each RSE licensee.

Reporting basis and unit of measurement

Report all items on SRF 114.0 in accordance with the Australian Accounting Standards unless otherwise specified.

Items on SRF 114.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period.

Items on SRF 114.0 are to be reported as thousands of dollars and dates. Report dates as DD/MM/YYYY.

These instructions specify the reporting basis and unit of measurement that applies to each item.

Specific instructions

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

ORFR basis

Item 1 collects information about how the financial resources to meet the RSE licensee's ORFR are held, namely whether