Document ID: chunk:federal_register_of_legislation:F2023L00306:body:0:p4
Version: federal_register_of_legislation:F2023L00306
Segment Type: other
Provision Reference: 
Character Range: 8430–11904

old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the insurer is still required to provide any overdue reporting documents in accordance with the old reporting standard.

Interpretation

    16.         In this Reporting Standard (including the attachments):

       (a)          unless the contrary intention appears, words and expressions have the meanings given to them in Prudential Standard GPS 001 Definitions (GPS 001); and

       (b)          Appointed Auditor means an auditor appointed under paragraph 39(1)(a) of the Insurance Act;

       APRA-authorised reinsurer means an insurer carrying on reinsurance business.  For the purposes of this definition, a Lloyd's underwriter as defined under the Insurance Act is an APRA-authorised reinsurer if it carries on reinsurance business. The Australian Reinsurance Pool Corporation is also an APRA-authorised reinsurer for the purposes of this definition;

       capital standards means the prudential standards which relate to capital adequacy as defined in GPS 001;

       Chief Financial Officer means the chief financial officer of the insurer, by whatever name called;

       financial year means the financial year (within the meaning in the Corporations Act 2001) of the insurer;

       foreign insurer means a foreign general insurer within the meaning of the Insurance Act;

       Note: A reference to a 'branch' or 'branch operation' is a reference to the Australian operations of a foreign insurer.

       general instruction guide refers to the general instruction guide set out in Attachment A of GRS 001;

       Insurance Act means the Insurance Act 1973;

       insurer means a general insurer within the meaning of section 11 of the Insurance Act;

       Note: In the forms and instructions, a reference to an 'authorised insurer', 'authorised insurance entity' or 'licensed insurer' is a reference to an insurer, and a reference to an 'authorised reinsurance entity' is a reference to an insurer whose business consists only of undertaking liability by way of reinsurance.

       non-APRA-authorised reinsurer means any reinsurer that is not an APRA-authorised reinsurer;

       Principal Executive Officer means the principal executive officer of the insurer, by whatever name called, and whether or not he or she is a member of the governing board of the insurer; and

       reporting period means a period mentioned in subparagraph 6(a) or 6(b) or, if applicable, paragraph 7.

GRF_114_2: Derivatives Activity (GEN)

Australian Business Number  Institution Name

Reporting Period            Scale Factor
Quarterly / Annual          Thousands of dollars no decimal place
Reporting Consolidation
Licensed Insurer

NOTE: Principal amount must always be entered as positive (even for short positions)

Section 1: Direct over the counter derivatives

                                                      Long position     Short position
Contract type  Residual maturity  Counterparty grade  Principal amount  Fair value      Principal amount  Fair value
(1)            (2)                (3)                 (4)               (5)             (6)               (7)

Section 2: Total contracts

                                                                                               Interest rate contracts  Foreign exchange contracts (including gold)  Equity contracts  Precious