Document ID: chunk:federal_register_of_legislation:F2023L00407:body:0:p2
Version: federal_register_of_legislation:F2023L00407
Segment Type: other
Provision Reference: 
Character Range: 2884–5736

periods ending on or after 31 March 2023.

Information required

    5.             A locally incorporated ADI to which this Reporting Standard applies must provide APRA with the information required by the version of Reporting Form ARF 221.0 Large Exposures (ARF 221.0) designated for an ADI on a Level 1 basis for each reporting period.

    6.             If a locally incorporated ADI, to which this Reporting Standard applies, is part of a Level 2 group, the ADI must also provide APRA with the information required by the version of ARF 221.0 designated for an ADI at Level 2 for each reporting period unless the ADI is a subsidiary of an authorised NOHC. If the ADI is a subsidiary of an authorised NOHC, the ADI's immediate parent NOHC must provide APRA with the information required by that form for each reporting period. In doing so, the immediate parent NOHC must comply with this Reporting Standard (other than paragraph 5) as if it were the relevant ADI.

    7.             A foreign ADI to which this Reporting Standard applies must provide APRA with the information required by Reporting Form ARF 221.1 Large Exposures – Foreign ADI (ARF 221.1) for each reporting period.

Form and method of submission

    8.             The information required by this Reporting Standard must be given to APRA:

      (a)   in electronic format using an electronic method available on APRA's website; or

      (b)    by a method notified in writing by APRA prior to submission.

Reporting periods and due dates

    9.             Subject to paragraph 11 of this Reporting Standard, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.

    10.         Subject to paragraph 12 of this Reporting Standard, the information required by this Reporting Standard must be provided to APRA within 35 calendar days after the end of the reporting period to which the information relates.

    11.         APRA may change the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:

       (a)          the particular circumstances of the ADI;

       (b)          the extent to which the information is required for the purposes of the prudential supervision of the ADI; and

       (c)          the requirements of the RBA and the ABS.

    12.         APRA may grant an ADI an extension of a due date in which case the new date will be the date specified in the notice of extension.

    Note: for the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an