Document ID: chunk:federal_register_of_legislation:F2020L01274:body:0:p1
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Financial Sector (Collection of Data) (reporting standard) determination No. 10 of 2020

Reporting Standard ARS 920.2 Australian Government Small and Medium Enterprise (SME) Guarantee Scheme Phase 2

Financial Sector (Collection of Data) Act 2001

I, Sean Carmody, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) determine Reporting Standard ARS 920.2 Australian Government Small and Medium Enterprise (SME) Guarantee Scheme Phase 2, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.

Under section 15 of the Act, I declare that the reporting standard shall begin to apply to those financial sector entities, on 1 October 2020.

This instrument commences on 1 October 2020.

Dated: 30 September 2020

[Signed]

Sean Carmody
Executive Director
Cross-Industry Insights and Data Division

Interpretation

      In this Determination:

APRA means the Australian Prudential Regulation Authority.

    financial sector entity has the meaning given by section 5 of the Act.

Schedule

Reporting Standard ARS 920.2 Australian Government Small and Medium Enterprise (SME) Guarantee Scheme Phase 2 comprises the document commencing on the following page.

Reporting Standard ARS 920.2

Australian Government Small and Medium Enterprise (SME) Guarantee Scheme Phase 2

Authority
     1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose
2.             Information collected by Reporting Form ARF 920.2 Australian Government SME Guarantee Scheme Phase 2 (Portfolio Information) (ARF 920.2) and Reporting Form ARF 920.3 Australian Government SME Guarantee Scheme Phase 2 (Loan Level Details) (ARF 920.3) is used for the purpose of enabling APRA to assist the Commonwealth Government administer the Australian Government SME Guarantee Scheme.[1] This information may also be used by APRA for prudential purposes.

Application
3.             This Reporting Standard applies to all authorised deposit-taking institutions (ADIs) and registered financial corporations (RFCs) who are granted a guarantee under section 5 of the Guarantee of Lending to Small and Medium Enterprises (Coronavirus Economic Response Package) Act 2020 from 1 October 2020 to 30 June 2021.

Commencement
4.             This Reporting Standard applies to reporting periods ending on or after 1 October 2020.

Information required
5.             An ADI or RFC to which this reporting standard applies must provide APRA with the information required by ARF 920.2 and ARF 920.3 in respect of each reporting period on a domestic books consolidation.

Form and method of submission
6.             The information required by this Reporting Standard must be given to APRA in electronic format, using the 'Direct to APRA' application or by a method (i.e. a web-based solution) notified by APRA, in writing, prior to submission.
Note: the Direct to APRA application software (also known as D2A) may be