{"id":"F2017L01223","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 14 of 2017","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":97115,"registerId":"commonwealth-F2017L01223-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 14 of 2017","content":"![https://www.legislation.gov.au/Details/F2008L00465/Html/ConsolidatedARS32102008_image001.gif](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 14 of 2017\n\nReporting standard ARS 321.0 Statement of Financial Position (Offshore Operations)\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Katrina Ellis, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901, REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 38 of 2008, including Reporting Standard ARS 321.0 Statement of Financial Position (Offshore Operations) made under that Determination.\n\nUnder section 15 of the Act, I DECLARE that the revoked reporting standard shall cease to apply, upon the date of registration of this instrument on the Federal Register of Legislation.\n\nThis instrument commences upon registration on the Federal Register of Legislation.\n\nDated: 19 September 2017\n\n\\[Signed\\]\n\nKatrina Ellis\n\nGeneral Manager\n\nData Analytics Division\n\nInterpretation\n\nIn this Determination\n\nAPRA means the Australian Prudential Regulation Authority.\n\nFederal Register of Legislation means the register established under section 15A of the Legislation Act 2003.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2059},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument performs exactly as described—a targeted housekeeping measure to revoke a specific 2008 reporting standard. It does not expand regulatory scope or create new obligations beyond the revocation itself."},"complexity_factors":["Extremely brief length (approximately 200 words)","Only two defined terms (APRA and Federal Register of Legislation)","Single operative provision (revocation of one previous instrument)","No conditional logic, exceptions, or substantive regulatory requirements","Automatic commencement upon registration with no additional procedural steps"],"plain_english_summary":"**What this does:** This instrument cancels an old financial reporting rule called ARS 321.0 that required banks, insurers, and other financial institutions to report on the financial position of their overseas operations.\n\n**Who it affects:** Financial institutions that were previously required to comply with Reporting Standard ARS 321.0 (originally made in 2008).\n\n**Why it matters:** APRA (the Australian Prudential Regulation Authority) has revoked the old rule, meaning institutions no longer need to submit this specific report. Once this cancellation was registered on the Federal Register of Legislation, the reporting requirement stopped applying immediately. This type of instrument is typically used to streamline reporting obligations or when the information is collected through other means."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-14-of-2017/documents"}}