Document ID: chunk:federal_register_of_legislation:F2023L00406:body:0:p3
Version: federal_register_of_legislation:F2023L00406
Segment Type: other
Provision Reference: 
Character Range: 5561–8558

that have been reviewed and tested by the external auditor of the ADI as set out in Prudential Standard APS 310 Audit and Related Matters. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if required by the external auditor to enable the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI under this Reporting Standard.

    12.         All information provided by an ADI under this Reporting Standard must be subject to systems, processes and controls developed by the ADI for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.

Authorisation

    13.         When an officer or agent of an ADI submits information under this Reporting Standard using a method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate acceptable to APRA.

Minor alterations to forms and instructions

    14.         APRA may make minor variations to:

       (a)          a form that is part of this Reporting Standard to correct technical, programming or logical errors, inconsistencies or anomalies; or

       (b)          the instructions to a form, to clarify their application to the form,

    without changing any substantive requirement in the form or instructions.

    15.         If APRA makes such a variation, it will notify, in writing, each ADI that is required to report under this Reporting Standard.

Transition

    16.         An ADI must report under the old reporting standard in respect of a transitional reporting period. For these purposes:

    old reporting standard means the reporting standard revoked by the determination that makes this Reporting Standard (being the reporting standard that this Reporting Standard replaces); and

    transitional reporting period means a reporting period under the old reporting standard:

      (a)   that ended before the date of revocation of the old reporting standard; and

      (b)   in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.

    Note: For the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide any overdue reporting documents in accordance with the old reporting standard.

Interpretation

    17.         In this Reporting Standard:

    AASB has the meaning in section 9 of the Corporations Act 2001.

    ADI means an authorised deposit-taking