Document ID: chunk:federal_register_of_legislation:F2024L01128:body:0:p2
Version: federal_register_of_legislation:F2024L01128
Segment Type: other
Provision Reference: 
Character Range: 3034–6044

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

Purpose

 1.              Information collected under this Reporting Standard is used by APRA for the purpose of prudential supervision including assessing compliance with Prudential Standard APS 115 Capital Adequacy: Standardised Measurement Approach to Operational Risk (APS 115). It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).

Application

 1.              This Reporting Standard applies to authorised deposit-taking institutions (ADIs) except:

 1.           foreign ADIs;

 2.           purchased payment facility providers (PPF providers); and

 3.           ADIs which satisfy the eligibility criteria for the simplified framework.

Commencement

 1.              This Reporting Standard applies for reporting periods ending on or after 30 September 2024.

Information required

 1.              An ADI to which this Reporting Standard applies must provide APRA with the information required by this Reporting Standard designated for an ADI at Level 1 in respect of each reporting period.

 2.              If an ADI to which this Reporting Standard applies is part of a Level 2 group, the ADI must also provide APRA with the information required by this Reporting Standard designated for an ADI at Level 2 for each reporting period, unless the ADI is a subsidiary of an authorised NOHC.  If the ADI is a subsidiary of an authorised NOHC, the ADI's immediate parent NOHC must provide APRA with the information required by that form for each reporting period.  In doing so, the immediate parent NOHC must comply with this Reporting Standard (other than paragraphs 5 and 12) as if it were the relevant ADI.

Method of submission

 1.              The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA's website or by a method notified by APRA prior to submission.

Reporting periods and due dates

 1.              Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard in respect of each financial year (within the meaning of the Corporations Act 2001) of the ADI.

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

 1.           the particular circumstances of the ADI;

 1.           the extent to which the information is required for the purposes of the prudential supervision of the ADI; and

 2.           the requirements of the RBA or the ABS.

 1.          The information required by this Reporting Standard must be provided to APRA within three calendar months and 35 calendar days after the end of the reporting period to which