Document ID: chunk:federal_register_of_legislation:F2013L00981:body:0:p4
Version: federal_register_of_legislation:F2013L00981
Segment Type: other
Provision Reference: 
Character Range: 8223–11827

has the meaning given in section 10(1) of the SIS Act and, in relation to the period between 1 July 2013 and 31 December 2013, includes an existing ERF within the meaning given in section 391 of the SIS Act;

    pooled superannuation trust (PST) has the meaning given in section 10(1) of the SIS Act;

    reporting period means a period mentioned in paragraph 7 or, if applicable, paragraph 8;

    RSE means a registrable superannuation entity as defined in section 10(1) of the SIS Act that is not a defined benefit RSE, PST, ERF, small APRA fund or single member approved deposit fund[4];

    RSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard;

    RSE licensee has the meaning given in section 10(1) of the SIS Act;

    SIS Act means Superannuation Industry (Supervision) Act 1993; and

    year of income has the meaning given in section 10(1) of the SIS Act.

SRF 114.1: Operational Risk Financial Requirement

Australian Business Number  Institution Name

Reporting Period            Scale Factor      Reporting Consolidation

ORFR basis

 1. How is the ORFR held (RSE)?  ORFR holding
                                 ORFR trustee capital
                                 ORFR reserve
                                 ORFR trustee capital and ORFR reserve

Details of ORFR attributed to the RSE

                          Attributed to the RSE  of which: Attributed to MySuper products  of which: Attributed to defined benefit sub-funds
                          (1)                    (2)                                       (3)
2.  ORFR target amount
3.  ORFR reserves
4.  ORFR trustee capital

Movements in ORFR reserve

5.  Transfers into ORFR reserve

  5.1.  Transfers from other reserves to address an operational risk event
  5.2.  Other transfers from other reserves
  5.3.  Deductions from members benefits
  5.4.  Compensation payments from trustee insurance policies
  5.5.  Compensation payments from service providers
  5.6.  Earnings on reserve
  5.7.  Other transfers into ORFR reserve
    5.7.1.  Details of other transfers into ORFR reserve
Description                                                                  Value
(1)                                                                          (2)

  5.8.  Total

6.  Transfers out of ORFR reserve

  6.1.  Transfers to other reserves
  6.2.  Payments to address an operational risk event
  6.3.  Loss on reserve
  6.4.  Other transfers out of ORFR reserve
    6.4.1.  Details of other transfers out of ORFR reserve
Description                                                 Value
(1)                                                         (2)

  6.5.  Total

7.  ORFR reserve surplus distributed

  7.1.  Distributed to member accounts
  7.2.  Distributed to employer-sponsor
  7.3.  Distributed to other recipient
    7.3.1.  Details of other recipient
Description                                        Value
(1)                                                (2)

  7.4.  Total

Reporting Form SRF 114.1

Operational Risk Financial Requirement

Instructions

These instructions assist completion of Reporting Form SRF 114.1 Operational Risk Financial Requirement (SRF 114.1). SRF 114.1 collects information relating to the operational risk financial requirement (ORFR) of an RSE licensee including reserves held to meet the ORFR and investments of the ORFR reserve. Information reported in SRF 114.1 is required primarily for prudential and publication purposes.

Reporting level

SRF 114.1 must be completed for each