Document ID: chunk:federal_register_of_legislation:F2021L01115:body:0:p2
Version: federal_register_of_legislation:F2021L01115
Segment Type: other
Provision Reference: 
Character Range: 2958–5813

table below.

Class of financial institution  ARF 720.2A  ARF 720.2B

ADI Reporting Category A        No          Yes if total assets ≥ $200m

ADI Reporting Category B        Yes[1]      No

RFCs                            No          Yes if total assets ≥ $50m

    Note: 'total assets' is measured in accordance with paragraph 9.

    5.             APRA may from time to time determine that a threshold, or a higher threshold than that specified in paragraph 4 of this Reporting Standard, will apply to a particular ADI or RFC.  If APRA does so it will notify the ADI or RFC concerned in writing.

    6.             This Reporting Standard applies for reporting periods ending on or after 30 September 2021.

Information required

    7.             An ADI or RFC to which this Reporting Standard applies must provide APRA with the information required by this Reporting Standard for each reporting period on a domestic books consolidation.

Method of submission

    8.             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 obtained from APRA.

Reporting periods and due dates

    9.             The information required by this Reporting Standard must be provided by an ADI or RFC to which this Reporting Standard applies under paragraphs 4 or 5:

       (a)          in respect of each calendar month by an ADI in ADI Reporting Category B, an ADI in ADI Reporting Category A with total assets ≥ $200 million and by an RFC with total assets ≥ $400 million; and

       (b)          in respect of each financial year (within the meaning of the Corporations Act 2001) of the RFC, by an RFC with total assets < $400 million.

    Note:

        1. An ADI's 'total assets' is measured by the value reported in item 13 (column 1) on ARF 720.0A/B or the value reported in item 11 (column 1) on Reporting Form ARF 323.0 Statement of Financial Position (Licensed ADI) (ARF 323.0) as at 31 December of the prior calendar year.

       2.       The 'total assets' for an RFC is measured by the value reported in item 13 (column 1) on ARF 720.0A as at the last day of the RFC's prior financial year (within the meaning of the Corporations Act 2001).

    10.         The information required by this Reporting Standard must be provided to APRA within 10 business days after the end of the reporting period to which the information relates.

    11.         APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI or RFC, to require it to provide the information required by this Reporting Standard more frequently,