{"id":"F2015L01790","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 29 of 2015 - SRS 534.0 - Derivative Financial Instruments","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":93577,"registerId":"commonwealth-F2015L01790-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Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting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. 29 of 2015 - SRS 534.0 - Derivative Financial Instruments","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 29 of 2015\n\nReporting Standard SRS 534.0 Derivative Financial Instruments\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Steven John Davies, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 and subsection 33(3) of the Acts Interpretation Act 1901 REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 83 of 2013, including Reporting Standard SRS 534.0 Derivative Financial Instruments made under that Determination.\n\nThis instrument commences upon registration on the Federal Register of Legislative Instruments.\n\nDated 10 November 2015\n\n\\[Signed\\]\n\nSteven John Davies\n\nGeneral Manager, Statistics\n\nInterpretation\n\nIn this instrument:\n\n> APRA means the Australian Prudential Regulation Authority.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2285},"content_quality":"ok","complexity_score":4,"scope_assessment":{"changed":false,"description":"This is a direct replacement of Determination No. 83 of 2013, maintaining the same scope of collecting statistical data on derivative financial instruments. No expansion beyond the original data collection purpose."},"complexity_factors":["Legislative instrument text is extremely brief (under 150 words) with minimal operative provisions","Single defined term ('APRA') in interpretation section","Simple structure: revocation of previous determination and commencement clause only","Actual reporting obligations contained in incorporated Reporting Standard SRS 534.0 (not fully reproduced here)","Subject matter (derivative financial instruments) involves inherently complex financial concepts despite simple legislative form"],"plain_english_summary":"This law requires certain financial institutions to report detailed information about their **derivative financial instruments** (complex financial contracts like futures, options, and swaps) to the Australian Prudential Regulation Authority (APRA).\n\n**What it does:**\n* Revokes and replaces the 2013 version of the reporting standard with an updated rule (SRS 534.0)\n* Mandates how regulated entities must collect and submit statistical data about their derivatives holdings\n* Ensures APRA can monitor systemic risk and financial stability across the banking, insurance, and superannuation sectors\n\n**Who it affects:**\nAPRA-regulated financial institutions—including banks, insurers, and superannuation funds—that hold or trade derivative instruments.\n\n**Why it matters:**\nDerivatives can create significant financial risks that spread quickly through the economy. Standardized reporting allows regulators to track exposure levels, identify concentrated risks, and help prevent financial instability."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2015-srs-534-0-derivat/documents"}}