Document ID: chunk:federal_register_of_legislation:F2021L01110:body:0:p2
Version: federal_register_of_legislation:F2021L01110
Segment Type: other
Provision Reference: 
Character Range: 2913–5835

in item 13 (column 1) on Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A).

Class of financial institution  Applicable

ADI Reporting Category A        No

ADI Reporting Category B        Yes

RFCs                            Yes if total assets ≥ $500m

    5.             APRA may from time to time determine that a threshold, or a higher threshold than that specified in paragraph 4 of this Reporting Standard, will apply to a particular ADI or RFC. If APRA does so it will notify the ADI or RFC concerned in writing.

    6.             This Reporting Standard applies for reporting periods ending on or after 30 September 2021.

Information required

    7.             An ADI or RFC to which this Reporting Standard applies must provide APRA with the information required by this Reporting Standard for each reporting period on a domestic books consolidation.

Method of submission

    8.             The information required by this Reporting Standard must be given to APRA in electronic format, using the 'Direct to APRA' application or by a method (i.e. a web-based solution) notified by APRA, in writing, prior to submission.

    Note: the Direct to APRA application software (also known as D2A) may be obtained from APRA.

Reporting periods and due dates

    9.             The information required by this Reporting Standard must be provided by an ADI or RFC to which this Reporting Standard applies under paragraphs 4 or 5:

       (a)          in respect of each calendar month by an ADI; and

       (b)          in respect of each quarter ended 31 March, 30 June, 30 September and 31 December by an RFC.

    10.         The information required by this Reporting Standard must be provided to APRA within:

       (a)          10 business days after the end of the reporting period to which the information relates for ADIs; and

       (b)          28 calendar days after the end of the reporting period to which the information relates for RFCs.[1]

    11.         APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI or RFC, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:

       (a)          the particular circumstances of the ADI or RFC; and

       (b)          the extent to which the information is required for the purposes of the ABS or RBA.

    12.         APRA may grant an ADI or RFC an extension of a due date, in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.

Quality control

    13.         All information provided by an ADI or RFC under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI or RFC