Document ID: chunk:federal_register_of_legislation:F2021L00348:front:0:p3
Version: federal_register_of_legislation:F2021L00348
Segment Type: other
Provision Reference: 
Character Range: 5751–8921

determinations:

       (a)          a determination that information required by this Reporting Standard must be provided in accordance with alternative information technology requirements specified by APRA in the determination; and

       (b)          a determination that information required by this Reporting Standard must be provided to APRA or an agent of APRA at an alternative address in accordance with requirements specified in the determination.

Quality control

    11.         The information provided by Lloyd's in accordance with this Reporting Standard must be the product of processes and controls developed by Lloyd's for the internal review and authorisation of the information.

    Note: Lloyd's General Representative in Australia must ensure that an appropriate set of policies and procedures is in place for the authorisation of data provided to APRA.

Authorisation

    12.         Fujitsu Australia (as agent of APRA) will provide Lloyd's with a customer identification number.  If Lloyd's proposes to submit information required by this Reporting Standard using the method in paragraph 9 (i.e. via the website), Lloyd's must apply for a password by viewing the web page referred to in paragraph 9, quoting Lloyd's customer identification number and following the instructions for applying for a password on that page.  Fujitsu Australia will advise Lloyd's General Representative in Australia of the password for Lloyd's.  When a report is provided using the method in paragraph 9, Lloyd's will be required to quote its customer identification number and password.  Upon successful validation of the customer identification and password a secure session between Lloyd's and Fujitsu Australia will be created and information will be encrypted before transmission.

    13.         Despite paragraph 12, or where APRA has made a determination under subparagraphs 10(a) or (b) specifying an alternate method of submission, APRA may also determine in writing that:

       (a)          a specified person (who need not be Lloyd's General Representative in Australia or agent);

       (b)          a person holding a specified position (who need not be Lloyd's General Representative in Australia or agent); or

       (c)          a person authorised by Lloyd's to use Lloyd's customer identification number and password,

    may, or must, authorise (in a manner specified) information provided by Lloyd's under this Reporting Standard.

Minor alterations to forms and instructions

    14.         APRA may:

       (a)          make minor variations to LOLRF 800.3 (either generally, or in relation to a class of Lloyd's underwriters, or in relation to one or more named Lloyd's underwriters) to correct technical, programming or logical errors, inconsistencies or anomalies;

       (b)          vary, omit or substitute (either generally, or in relation to a class of Lloyd's underwriters, or in relation to one or more named Lloyd's underwriters) an occupation code or description in Appendix C to LOLRF 800.3, if APRA forms the view that the existing code or description is inappropriate having regard to the circumstances