Document ID: chunk:federal_register_of_legislation:F2017L01033:body:0:p5
Version: federal_register_of_legislation:F2017L01033
Segment Type: other
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Character Range: 11153–14314

BIS Guide for a detailed discussion of the rationale for, and uses of, the international banking statistics:
http://www.bis.org/statistics/bankstatsguide.htm

ARF 731.4 has two purposes:

     * to provide information on the prudential balance sheet of Australian-owned banks; and

     * to satisfy Australia's obligation to the Bank for International Settlements (BIS) in providing aggregate international banking statistics for Australia. These are available, along with statistics from other countries, on the BIS website (http://www.bis.org/statistics/index.htm).

ARF 731.4 is part of the international exposures forms. The four forms (listed below) make up the suite of international exposures forms.

     * Reporting Form ARF 731.1 International Banking Statistics - Locational Data (ARF 731.1) collects data on claims and liabilities broken down by currency, counterparty sector, and counterparty country, on a domestic books basis.

     * Reporting Form ARF 731.3A International Banking Statistics - Immediate and Ultimate Risk Exposures - Domestic Entity (ARF 731.3A) collects data on claims broken down by counterparty country, maturity and counterparty sector on the greater of Level 1 or Level 2 basis.

     * Reporting Form ARF 731.3B International Banking Statistics - Immediate Risk Exposures – Foreign Entity (ARF 731.3B) collects data on claims broken down by counterparty country, maturity and counterparty sector on a domestic book basis.

     * ARF 731.4 collects a small number of balance sheet items for Australian-owned banks the greater of Level 1 or Level 2 basis.

Australian-owned banks complete ARF 731.1, ARF 731.3A and ARF 731.4.

Foreign subsidiary banks and branches of foreign banks complete ARF 731.1 and ARF 731.3B.

Reporting level

ARF 731.4 is to be completed by all Australian owned banks. Report data on a Level 2 consolidated basis (or Level 1 where there is no Level 2 entity).

Securitisation deconsolidation principle

Except as otherwise specified in these instructions, the following applies:

     1. Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that meets APRA's operational requirements for regulatory capital relief under Prudential Standard APS 120 Securitisation (APS 120):

        (a)          special purpose vehicles (SPVs) holding securitised assets may be treated as non-consolidated independent third parties for regulatory reporting purposes, irrespective of whether the SPVs (or their assets) are consolidated for accounting purposes; and

        (b)          the assets and liabilities of the relevant SPVs may be excluded from the bank's reported amounts in ARF 731.4.

    2.             Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that does not meet APRA's operational requirements for regulatory capital relief under APS 120, or the ADI elects to treat the securitised assets as on-balance sheet assets under Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk or Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk,