Document ID: chunk:federal_register_of_legislation:F2013L00981:body:0:p6
Version: federal_register_of_legislation:F2013L00981
Segment Type: other
Provision Reference: 
Character Range: 14226–17183

thousands of dollars.

Item 2              Report the ORFR target amount that is attributed to the RSE in item 2.

                    Report the ORFR target amount that is: attributed to the RSE in column 1; attributed to MySuper products within the RSE in column 2; and attributed to defined benefit sub-funds within the RSE in column 3.

ORFR target amount  Represents the target amount of financial resources to address the operational risks of each RSE within the RSE licensee's business operations. Reference: Prudential Standard SPS 114 Operational Risk Financial Requirement.

Item 3  Report the amount of ORFR reserves that is attributed to the RSE in item 3.

        Report the amount of ORFR reserves that is: attributed to the RSE in column 1; attributed to MySuper products within the RSE in column 2; and attributed to defined benefit sub-funds within the RSE in column 3.

        The ORFR reserves reported in item 3 must equal the sum of the value reported for this item in the previous reporting period, transfers into ORFR reserve reported in item 5 and earnings on ORFR reserve reported in item 7 inclusive minus transfers out of ORFR reserve reported in item 6.

Item 4  Report the amount of ORFR trustee capital that is attributed to the RSE in item 4.

Movements in ORFR reserve

Item 5 to item 7 inclusive collect information on movements into and out of the ORFR reserve that is held by the RSE.

Reporting basis: report item 5 to item 7 inclusive with respect to transactions that occurred during the reporting period.

Unit of measurement: report item 5 to item 7 inclusive in thousands of dollars.

Item 5                                                              Report transfers into ORFR reserve in item 5 as gross of transfers out of ORFR reserve.

                                                                    Item 5.7 is a derived item. Report other transfers into ORFR reserve in item 5.7 as total transfers into ORFR reserve reported in item 5.8 minus the sum of transfers from other reserves to address an operational risk event reported in item 5.1, other transfers from other reserves reported in item 5.2, deductions from members reported in item 5.3, compensation payments from trustee insurance policies reported in item 5.4, compensation payments from service providers reported in item 5.5 and earnings on reserve reported in item 5.6.

                                                                    Report details of other transfers into ORFR reserve on separate lines in item 5.7.1. The sum of the items in column 2 of item 5.7.1 must equal the amount of other transfers into ORFR reserve reported in item 5.7.

                                                                    Report a description of the other transfers into ORFR reserve in column 1 and the value in column 2. Report a description in column 1 that includes the source of the transfer.

Transfers into ORFR reserve