{"id":"F2018L01528","name":"Australian Prudential Regulation Authority (confidentiality) determination No. 2 of 2018","slug":"australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":98190,"registerId":"commonwealth-F2018L01528-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Australian Prudential Regulation Authority (confidentiality) determination No. 2 of 2018","content":"![](image.001.png)\n\nAustralian Prudential Regulation Authority (confidentiality) determination\n\nNo. 2 of 2018\n\nInformation provided by life insurers and friendly societies under Reporting Standard LRS 750.0\n\nAustralian Prudential Regulation Authority Act 1998\n\nI, Michael Phillip Fermor, a delegate of APRA, under paragraph 57(2)(a) of the Australian Prudential Regulation Authority Act 1998, DETERMINE that the reporting document described in the Schedule does not contain confidential information.\n\nThis determination commences on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.\n\nNote: The effect of this determination is that the non-confidential information may be published under subsection 56(5C) of the Australian Prudential Regulation Authority Act 1998.\n\nDated: 23 October 2018\n\n\\[Signed\\]\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nMichael Phillip Fermor\n\nSenior Manager\n\nData Analytics\n\nInterpretation\n\nIn this determination:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nbody regulated by APPRA means a body regulated by APRA within the meaning of section 3 of the Australian Prudential Regulation Authority Act 1998.\n\nLRS 750.0 means Reporting Standard LRS 750.0 Claims and Disputes, or another reporting standard in substantially the same terms replacing it, made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\nreporting document means a reporting document within the meaning of section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n  \nSchedule\n\nReporting documents covered by this determination\n\nThis determination applies to information given to APRA under reporting standard LRS 750.0, where a period of at least 14 days has elapsed from the date a body regulated by APRA was required to provide the information specified in LRS 750.0.","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination performs exactly the narrow function it was designed for: declaring specific insurance reporting data non-confidential after a short embargo period. There is no evidence of scope creep."},"complexity_factors":["Very short document (approximately 250 words)","Only 4 defined terms in the interpretation section","Single, clear operative provision with one simple condition (14-day waiting period)","No cross-references to other legislation beyond naming the enabling Act and reporting standard","No exceptions, nested conditions, or procedural requirements","Straightforward administrative determination format"],"plain_english_summary":"APRA will publish claims-and-disputes data submitted by life insurers and friendly societies under reporting standard LRS 750.0: information is treated as non‑confidential 14 days after its due date. This affects reporting insurers, APRA as publisher, and the public — increasing transparency about claim outcomes and disputes so consumers, researchers and competitors can compare and hold insurers accountable."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"No. The instrument does not alter who must report or the content required by LRS 750.0; it only changes the confidentiality classification of those reporting documents after a 14‑day period and clarifies APRA may publish non‑confidential material under s56(5C). The determination is made under para 57(2)(a) of the APRA Act and commences on registration (determination text and Schedule)."},"complexity_factors":["Narrow subject matter: applies only to reports under LRS 750.0 (Schedule).","Simple temporal trigger: 14‑day delay from the required reporting date (Schedule).","Cross‑references to other statutes and provisions (APRA Act para 57(2)(a), s56(5C); Financial Sector (Collection of Data) Act s13) create dependency on external definitions.","Delegated decision: determination issued by an APRA delegate rather than primary legislation (signed by delegate).","Limited operational detail: does not change reporting content or process, only confidentiality status and publication permission."],"plain_english_summary":"This short determination says APRA will treat reports supplied under Reporting Standard LRS 750.0 from life insurers and friendly societies as non‑confidential once 14 days have passed from the date they were required to provide them, enabling APRA to publish the non‑confidential material (s56(5C)). The decision is made by an APRA delegate under paragraph 57(2)(a); affected entities still must deliver the same LRS 750.0 data but face a publication risk after the 14‑day window."}},"importantCases":[],"_links":{"self":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018","history":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018/history","analysis":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018/analysis","conflicts":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018/conflicts","importantCases":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018/important-cases","documents":"/api/acts/australian-prudential-regulation-authority-confidentiality-determination-no-2-of-2018/documents"}}