{"id":"F2021L01109","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 29 of 2021","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":102025,"registerId":"commonwealth-F2021L01109-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 29 of 2021","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 29 of 2021\n\nReporting Standard ARS 720.4 ABS/RBA Debt Securities Held\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Alison Bliss, 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:\n\n(a) revoke Financial Sector (Collection of Data) (reporting standard) determination No. 6 of 2019, including Reporting Standard ARS 720.4 ABS/RBA Debt Securities Held made under that Determination; and\n\n(b) determine Reporting Standard ARS 720.4 ABS/RBA Debt Securities Held, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 4 of the reporting standard.\n\nUnder section 15 of the Act, I declare that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, on the day it is registered on the Federal Register of Legislation.\n\nThis instrument commences upon registration on the Federal Register of Legislation.\n\nDated: 30 July 2021\n\n\\[Signed\\]\n\nAlison Bliss\n\nGeneral Manager\n\nData Analytics & Insights Division\n\nInterpretation\n\nIn this Determination:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nfinancial sector entity has the meaning given by section 5 of the Act.\n\nSchedule\n\nReporting Standard ARS 720.4 ABS/RBA Debt Securities Held comprises the document commencing on the following page.\n\n![](image.001.png)\n\nReporting Standard ARS 720.4\n\nABS/RBA Debt Securities Held\n\nObjective of this Reporting Standard\n\nThis Reporting Standard outlines the requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s or registered financial corporation’s debt securities held.\n\nIt includes Reporting Form ARF 720.4 ABS/RBA Debt Securities Held and the associated specific instructions.\n\nAuthority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\nPurpose\n\n2. Information collected by Reporting Form ARF 720.4 ABS/RBA Debt Securities Held (ARF 720.4) is used by the ABS and RBA for various purposes, including the compilation of Australia’s National Accounts and the calculation of the monetary and credit aggregates. This information may also be used by APRA for prudential and publication purposes.\n\n3. This Reporting Standard is an Economic and Financial Statistics (EFS) Reporting Standard for the purposes of Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0).\n\nApplication and commencement\n\n4. This Reporting Standard applies to an authorised deposit-taking institution (ADI) or registered financial corporation (RFC) as set out in the table below, where ‘total assets’ are measured by the value reported in item 13 (column 1) on Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A).\n\n| Class of financial institution | Applicable |\n| ------------------------------ | --------------------------- |\n| ADI Reporting Category A | No |\n| ADI Reporting Category B | Yes |\n| RFCs | Yes if total assets ≥ $500m |\n\n5. 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.\n\n6. This Reporting Standard applies for reporting periods ending on or after 30 September 2021.\n\nInformation required\n\n7. 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.\n\nMethod of submission\n\n8. 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.\n\nNote: the Direct to APRA application software (also known as D2A) may be obtained from APRA.\n\nReporting periods and due dates\n\n9. 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:\n\n(a) in respect of each calendar month by an ADI; and\n\n(b) in respect of each quarter ended 31 March, 30 June, 30 September and 31 December by an RFC.\n\n10. The information required by this Reporting Standard must be provided to APRA within:\n\n(a) 10 business days after the end of the reporting period to which the information relates for ADIs; and\n\n(b) 28 calendar days after the end of the reporting period to which the information relates for RFCs.[\\[1\\]](#_ftn1)\n\n11. 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, or less frequently, having regard to:\n\n(a) the particular circumstances of the ADI or RFC; and\n\n(b) the extent to which the information is required for the purposes of the ABS or RBA.\n\n12. APRA may grant an ADI or RFC an extension of a due date, in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.\n\nQuality control\n\n13. All information provided by an ADI or RFC under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI or RFC as set out in Prudential Standard APS 310 Audit and Related Matters for ADIs or Reporting Standard RRS 710.0 ABS/RBA Audit Requirements for Registered Financial Corporations for RFCs. 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 or RFC under this Reporting Standard.\n\n14. All information provided by an ADI or RFC under this Reporting Standard must be subject to systems, processes and controls developed by the ADI or RFC 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.\n\nAuthorisation\n\n15. When an officer or agent of an ADI or RFC submits information under this Reporting Standard and uses the D2A application, or other method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate or other digital identity credential acceptable to APRA.\n\nInterpretation\n\n16. Terms that are defined in ARS 701.0 appear in bold and italics in this Reporting Standard.\n\n17. In this Reporting Standard:\n\ndue date means the last day of the 10 business days or 28 calendar days provided for in paragraph 10 or, if applicable, the date on a notice of extension given under paragraph 12.\n\nreporting period means a month of a year, or a quarter ended 31 March, 30 June, 30 September or 31 December as provided for in paragraph 9 or, if applicable, the date on a notice given under paragraph 11.\n\n18. Unless the contrary intention appears, any reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n| ARF_720_4: ABS/RBA Debt Securities Held |\n| --------------------------------------- |\n\n| Australian Business Number | Institution Name |\n| -------------------------- | ---------------- |\n| | |\n| Reporting Period | Scale Factor |\n| Monthly/quarterly | |\n| Reporting Consolidation | |\n| Domestic | |\n\n| | Total | of which: Denominated in FX (AUD equivalent) |\n| -------------------------------------------------------------------------- | ----- | -------------------------------------------- |\n| | (1) | (2) |\n| 1. Total short-term debt securities held | | |\n| 1.1 of which: Issued by related parties | | |\n| 1.2 Short-term debt securities issued by residents | | |\n| 1.2.1 Bills of exchange | | |\n| 1.2.1.1 Bank accepted | | |\n| 1.2.1.2 Other | | |\n| 1.2.2 Other short-term debt securities: | | |\n| 1.2.2.1 Community service organisations | | |\n| 1.2.2.2 Non-financial businesses | | |\n| 1.2.2.2.1 Private non-financial investment funds | | |\n| 1.2.2.2.2 Other private non-financial corporations | | |\n| 1.2.2.2.3 Private unincorporated businesses | | |\n| 1.2.2.2.4 State, territory and local government non-financial corporations | | |\n| 1.2.2.2.5 Commonwealth Government non-financial corporations | | |\n| 1.2.2.3 General government | | |\n| 1.2.2.3.1 State, territory and local general government | | |\n| 1.2.2.3.2 Commonwealth general government | | |\n| 1.2.2.4 Financial institutions | | |\n| 1.2.2.4.1 ADIs | | |\n| 1.2.2.4.1.1 of which: Negotiable certificates of deposit | | |\n| 1.2.2.4.1.2 of which: Commercial paper | | |\n| 1.2.2.4.2 Registered financial corporations | | |\n| 1.2.2.4.2.1 of which: Negotiable certificates of deposit | | |\n| 1.2.2.4.2.2 of which: Commercial paper | | |\n| 1.2.2.4.3 Central borrowing authorities | | |\n| 1.2.2.4.4 Life insurance corporations | | |\n| 1.2.2.4.5 Other insurance corporations | | |\n| 1.2.2.4.6 Financial auxiliaries | | |\n| 1.2.2.4.7 Securitisers | | |\n| 1.2.2.4.7.1 of which: Asset-backed securities issued by related SPVs | | |\n| 1.2.2.4.8 Money-market investment funds | | |\n| 1.2.2.4.9 Non-money-market financial investment funds | | |\n| 1.2.2.4.10 Other financial institutions | | |\n| 1.3 Total short-term debt securities issued by non-residents | | |\n\n| | Total | of which: Maturing in 12 months or less | of which: Denominated in FX (AUD equivalent) |\n| ------------------------------------------------------------------------ | ----- | --------------------------------------- | -------------------------------------------- |\n| | (1) | (2) | (3) |\n| 2 Total long-term debt securities held | | | |\n| 2.1 of which: Issued by related parties | | | |\n| 2.2 of which: Hybrid securities | | | |\n| 2.3 of which: Covered bonds | | | |\n| 2.4 Long-term debt securities issued by residents: | | | |\n| 2.4.1 Community service organisations | | | |\n| 2.4.2 Non-financial businesses | | | |\n| 2.4.2.1 Private non-financial investment funds | | | |\n| 2.4.2.2 Other private non-financial corporations | | | |\n| 2.4.2.3 Private unincorporated businesses | | | |\n| 2.4.2.4 State, territory and local government non-financial corporations | | | |\n| 2.4.2.5 Commonwealth Government non-financial corporations | | | |\n| 2.4.3 General government | | | |\n| 2.4.3.1 State, territory and local general government | | | |\n| 2.4.3.2 Commonwealth general government | | | |\n| 2.4.4 Financial institutions | | | |\n| 2.4.4.1 ADIs | | | |\n| 2.4.4.1.1 of which: Covered bonds | | | |\n| 2.4.4.2 Registered financial corporations | | | |\n| 2.4.4.3 Central borrowing authorities | | | |\n| 2.4.4.4 Life insurance corporations | | | |\n| 2.4.4.5 Other insurance corporations | | | |\n| 2.4.4.6 Financial auxiliaries | | | |\n| 2.4.4.7 Securitisers | | | |\n| 2.4.4.7.1 of which: Asset-backed securities issued by related SPVs | | | |\n| 2.4.4.8 Money-market investment funds | | | |\n| 2.4.4.9 Non-money-market financial investment funds | | | |\n| 2.4.4.10 Other financial institutions | | | |\n| 2.5 Long-term debt securities issued by non-residents | | | |\n\nReporting Form ARF 720.4\n\nABS/RBA Debt Securities Held\n\nInstructions\n\nThese instructions assist completion of Reporting Form ARF 720.4 ABS/RBA Debt Securities Held (ARF 720.4). ARF 720.4 collects information relating to debt securities held by ADIs and RFCs.\n\nInformation reported in ARF 720.4 is required primarily for purposes of the ABS and the RBA. Items on ARF 720.4 are required for various purposes, including the compilation of Australia’s National Accounts and the calculation of the monetary and credit aggregates. Information reported in ARF 720.4 may be used by APRA for prudential and publication purposes.\n\nReporting level\n\nARF 720.4 must be completed by each ADI and RFC to which this Reporting Standard applies under paragraphs 4 or 5.\n\nReporting basis and unit of measurement\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\nItems on ARF 720.4 must be reported as at the end of the reporting period.\n\nFor reporting purposes, unless specified otherwise, enter data as a positive number.\n\nCounterparties\n\nDebt securities issued by residents and non-residents are separately identified. Note that this treatment differs from Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A) where debt securities issued by non-residents are not separately identified.\n\nInclude debt securities issued by related parties and non-related parties. Note that this treatment differs from the ARF 720.0A where debt securities issued by related parties are reported separately.\n\nValues\n\nReport closing balances at market prices effective at the reference date. Where denominated in foreign currency, convert market values in foreign currency to AUD at the spot rate effective as at the reference date. This valuation approach for debt securities on the ARF 720.4 may differ from the Australian Accounting Standards and ARF 720.0A depending on the classification of these assets in your institution’s statutory accounts.\n\nReport items on ARF 720.4 adjusted for the value of short-sold positions. That is, report the value of securities held less the value of securities short-sold.\n\nReport items on ARF 720.4 as whole dollars.\n\nStandard Business Reporting (SBR)\n\nReport items on ARF 720.4 with accounting type of debit (assets). The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting treatment of the item collected.\n\nSpecific instructions\n\nTerms highlighted in bold italics are defined in ARS 701.0.\n\nAll derived fields in the form are shaded in grey and are explained in words as a mathematical expression in these instructions.\n\nExamples included under ‘Include’ and ‘Exclude’ must not be taken as an exhaustive list of items to be included or excluded.\n\n1. Total short-term debt securities held\n\nItem 1 collects information on the value of short-term debt securities held by the ADI or RFC by the counterparty of the issuer.\n\nShort-term debt securities are all securities held for trading and securities not held for trading with an original maturity less than or equal to 12 months.\n\n| Column 1 | Report the market value of debt securities with an original maturity of 12 months or less. |\n| -------- | --------------------------------------------------------------------------------------------- |\n| Column 2 | Of the amount reported in column 1, report the value that is denominated in foreign currency. |\n\n| Item 1 | Report short-term debt securities held.Item 1 is a derived item. Report the value of total short-term debt securities in item 1 as the sum of item 1.2 and item 1.3. |\n| ---------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 1.1 | Of the amount reported in item 1, report the value issued by related parties. |\n| Item 1.2 | Report short-term debt securities held that are issued by residents.Item 1.2 is a derived item. Report the value of short-term debt securities held in item 1.2 as the sum of item 1.2.1 and item 1.2.2. |\n| Item 1.2.1 | Report bills of exchange held that are issued by residents.Include: holdings of bills of exchange accepted by this ADI or RFC.Item 1.2.1 is a derived item. Report the value of bills of exchange held in item 1.2.1 as the sum of item 1.2.1.1 and item 1.2.1.2. |\n| Item 1.2.1.1 | Report bank accepted bills of exchange held that are issued by residents. |\n| Item 1.2.1.2 | Report bills of exchange held that are issued by residents that are not bank accepted. |\n| Item 1.2.2 | Report short-term debt securities held other than bills of exchange that are issued by residents.Item 1.2.2 is a derived item. Report the value of other short-term debt securities held in item 1.2.2 as the sum of item 1.2.2.1, item 1.2.2.2, item 1.2.2.3, and item 1.2.2.4. |\n| Item 1.2.2.1 | Report short-term debt securities held that are issued by resident community service organisations and that are not bills of exchange. |\n| Item 1.2.2.2 | Report short-term debt securities held that are issued by resident non-financial businesses and that are not bills of exchange.Item 1.2.2.2 is a derived item. Report the value of other short-term debt securities held in item 1.2.2.2 as the sum of items 1.2.2.2.1 to 1.2.2.2.5 inclusive. |\n| Item 1.2.2.2.1 | Report short-term debt securities held that are issued by resident private non-financial investment funds and that are not bills of exchange. |\n| Item 1.2.2.2.2 | Report short-term debt securities held that are issued by resident other private non-financial corporations and that are not bills of exchange. |\n| Item 1.2.2.2.3 | Report short-term debt securities held that are issued by resident private unincorporated businesses and that are not bills of exchange. |\n| Item 1.2.2.2.4 | Report short-term debt securities held that are issued by state, territory and local government non-financial corporations and that are not bills of exchange. |\n| Item 1.2.2.2.5 | Report short-term debt securities held that are issued by Commonwealth Government non-financial corporations and that are not bills of exchange. |\n| Item 1.2.2.3 | Report short-term debt securities held that are issued by resident general government and that are not bills of exchange.Item 1.2.2.3 is a derived item. Report other short-term debt securities held in item 1.2.2.3 as the sum of item 1.2.2.3.1 and item 1.2.2.3.2. |\n| Item 1.2.2.3.1 | Report short-term debt securities held that are issued by resident state, territory and local general government and that are not bills of exchange. |\n| Item 1.2.2.3.2 | Report short-term debt securities held that are issued by Commonwealth general government and that are not bills of exchange.Include treasury notes. |\n| Item 1.2.2.4 | Report short-term debt securities held that are issued by resident financial institutions and that are not bills of exchange. |\n| Item 1.2.2.4.1 | Report short-term debt securities held that are issued by resident ADIs and that are not bills of exchange. |\n| Item 1.2.2.4.1.1 | Of the amount reported in item 1.2.2.4.1, report the value that is negotiable certificates of deposit. |\n| Item 1.2.2.4.1.2 | Of the amount reported in item 1.2.2.4.1, report the value that is commercial paper. |\n| Item 1.2.2.4.2 | Report short-term debt securities held that are issued by resident registered financial corporations and that are not bills of exchange. |\n| Item 1.2.2.4.2.1 | Of the amount reported in item 1.2.2.4.2, report the value that is negotiable certificates of deposit. |\n| Item 1.2.2.4.2.2 | Of the amount reported in item 1.2.2.4.2, report the value that is commercial paper. |\n| Item 1.2.2.4.3 | Report short-term debt securities held that are issued by resident central borrowing authorities and that are not bills of exchange. |\n| Item 1.2.2.4.4 | Report short-term debt securities held that are issued by resident life insurance corporations and that are not bills of exchange. |\n| Item 1.2.2.4.5 | Report short-term debt securities held that are issued by resident other insurance corporations and that are not bills of exchange. |\n| Item 1.2.2.4.6 | Report short-term debt securities held that are issued by resident financial auxiliaries and that are not bills of exchange. |\n| Item 1.2.2.4.7 | Report short-term debt securities held that are issued by resident securitisers and that are not bills of exchange. |\n| Item 1.2.2.4.7.1 | Of the amount reported in item 1.2.2.4.7, report the value of asset-backed securities issued by SPVs that are related parties. |\n| Item 1.2.2.4.8 | Report short-term debt securities held that are issued by resident money-market investment funds and that are not bills of exchange. |\n| Item 1.2.2.4.9 | Report short-term debt securities held that are issued by resident non-money-market financial investment funds and that are not bills of exchange. |\n| Item 1.2.2.4.10 | Report short-term debt securities held that are issued by resident financial institutions other than those reported in Items 1.2.2.4.1 to 1.2.2.4.9 and that are not bills of exchange.Include:RBA;self-managed superannuation funds;other superannuation funds; andfinancial institutions n.e.c.Item 1.2.2.4.10 is a derived item. Report the value of short-term debt securities held in item 1.2.2.4.10 as item 1.2.2.4 less the sum of item 1.2.2.4.1, item 1.2.2.4.2, items 1.2.2.4.3 to 1.2.2.4.6 inclusive, item 1.2.2.4.7, item 1.2.2.4.8, and item 1.2.2.4.9. |\n| Item 1.3 | Report total short-term debt securities held that are issued by non-residents. |\n\n2. Total long-term debt securities held\n\nItem 2 collects information on the value of long\\-term debt securities held by the ADI or RFC by the counterparty of the issuer.\n\nLong\\-term debt securities are all securities held for trading and securities not held for trading with an original maturity of greater than 12 months.\n\n| Column 1 | Report the market value of debt securities with an original maturity of greater than 12 months. |\n| -------- | ----------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Of the amount reported in column 1, report the value with a residual maturity of less than or equal to 12 months. |\n| Column 3 | Of the amount reported in column 1, report the value that is denominated in foreign currency. |\n\n| Item 2 | Report total long-term debt securities held.Item 2 is a derived item. Report the value of total long-term debt securities held in item 2 as the sum of item 2.4 and item 2.5. |\n| -------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 2.1 | Of the amount reported in item 2, report the value issued by related parties. |\n| Item 2.2 | Of the amount reported in item 2, report the value of hybrid securities. |\n| Item 2.3 | Of the amount reported in item 2, report the value of covered bonds. |\n| Item 2.4 | Report long-term debt securities held that are issued by residents.Item 2.4 is a derived item. Report the value of long-term debt securities held in item 2.4 as the sum of item 2.4.1, item 2.4.2, item 2.4.3, and item 2.4.4. |\n| Item 2.4.1 | Report long-term debt securities held that are issued by resident community service organisations. |\n| Item 2.4.2 | Report long-term debt securities held that are issued by resident non-financial businesses.Item 2.4.2 is a derived item. Report the value of long-term debt securities held in item 2.4.2 as the sum of items 2.4.2.1 to 2.4.2.5 inclusive. |\n| Item 2.4.2.1 | Report long-term debt securities held that are issued by resident private non-financial investment funds. |\n| Item 2.4.2.2 | Report long-term debt securities held that are issued by resident other private non-financial corporations. |\n| Item 2.4.2.3 | Report long-term debt securities held that are issued by resident private unincorporated businesses. |\n| Item 2.4.2.4 | Report long-term debt securities held that are issued by resident state, territory and local government non-financial corporations. |\n| Item 2.4.2.5 | Report long-term debt securities held that are issued by Commonwealth Government non-financial corporations. |\n| Item 2.4.3 | Report long-term debt securities held that are issued by resident general government.Item 2.4.3 is a derived item. Report the value of long-term debt securities held in item 2.4.3 as the sum of item 2.4.3.1 and item 2.4.3.2. |\n| Item 2.4.3.1 | Report long-term debt securities held that are issued by resident state, territory and local general government. |\n| Item 2.4.3.2 | Report long-term debt securities held that are issued by Commonwealth General government.Include treasury bonds. |\n| Item 2.4.4 | Report long-term debt securities held that are issued by resident financial institutions. |\n| Item 2.4.4.1 | Report long-term debt securities held that are issued by resident ADIs. |\n| Item 2.4.4.1.1 | Of the amount reported in item 2.4.4.1, report the value of covered bonds. |\n| Item 2.4.4.2 | Report long-term debt securities held that are issued by resident registered financial corporations. |\n| Item 2.4.4.3 | Report long-term debt securities held that are issued by resident central borrowing authorities. |\n| Item 2.4.4.4 | Report long-term debt securities held that are issued by resident life insurance corporations. |\n| Item 2.4.4.5 | Report long-term debt securities held that are issued by resident other insurance corporations. |\n| Item 2.4.4.6 | Report long-term debt securities held that are issued by resident financial auxiliaries. |\n| Item 2.4.4.7 | Report long-term debt securities held that are issued by resident securitisers. |\n| Item 2.4.4.7.1 | Of the amount reported in item 2.4.4.7, report the value of asset-backed securities issued by SPVs that are related parties. |\n| Item 2.4.4.8 | Report long-term debt securities held that are issued by resident money-market investment funds. |\n| Item 2.4.4.9 | Report long-term debt securities held that are issued by resident non-money-market financial investment funds. |\n| Item 2.4.4.10 | Report long-term debt securities held that are issued by resident financial institutions other than those reported in items 2.4.4.1 to 2.4.4.9.Include:RBA;self-managed superannuation funds;other superannuation funds; andfinancial institutions n.e.c.Item 2.4.4.10 is a derived item. Report the value of long-term debt securities held in item 2.4.4.10 as item 2.4.4 less the sum of item 2.4.4.1, items 2.4.4.2 to 2.4.4.6 inclusive, item 2.4.4.7, item 2.4.4.8, and item 2.4.4.9. |\n| Item 2.5 | Report long-term debt securities held that are issued by non-residents. |\n\n---\n\n[\\[1\\]](#_ftnref1) To avoid doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an RFC is nonetheless required to submit the information required no later than the due date.","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"},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":false,"description":"This instrument revokes a prior Determination and reissues Reporting Standard ARS 720.4 in substantially the same form. The text does not, on its face, expand coverage beyond the entities and data fields set out (ADI Category B and RFCs ≥ $500m; detailed ARF 720.4 fields) and retains APRA’s existing administrative powers to vary thresholds, frequency and submission arrangements (paras 4–5, 11). The instrument therefore appears to preserve the original reporting scope and requirements rather than materially growing the legislative scope. That said, APRA’s retained discretion (paras 5, 11–12) allows the practical scope to be varied administratively without further legislative change."},"complexity_factors":["Multiple conditional applicability rules (ADI Category A excluded; ADI Category B included; RFCs only if total assets ≥ $500m) with APRA discretion to change thresholds (paras 4–5)","Two reporting cadences and different due dates (monthly for ADIs, quarterly for RFCs; paras 9–10) plus APRA power to vary frequency (para 11)","Extensive form with many nested line items and subsector splits (short-term and long-term items with issuer subsectors, instrument subtypes, related-party breakdowns) — over 40 discrete fields/sub-items in ARF 720.4","Derived fields and shading (many items are specified as sums of sub-items — requires internal calculations and reconciliations; ARF 720.4 instructions)","Cross-references to other reporting and prudential standards and definitions (ARS 701.0, ARF 720.0A, APS 310, RRS 710.0) creating external dependencies (paras 16, 13)","Valuation and reporting rules that may differ from accounting presentations (market price, spot FX conversion, short‑sold adjustments) requiring mapping between statutory accounts and the return (\"Values\" section)","Electronic submission and digital-signature technical requirements (paras 8, 15) — operational/IT implementation complexity","Administrative discretion for APRA to change methods, thresholds or grant extensions (paras 5, 8, 11–12) increases conditionality and variability"],"plain_english_summary":"**What this instrument does (mechanics)\n\n- Revokes a prior APRA data determination and replaces it with Reporting Standard ARS 720.4 \"ABS/RBA Debt Securities Held\". The new standard is set out in the Schedule and commences when registered (preamble, para 1; commencement). \n\n- Requires certain authorised deposit-taking institutions (ADIs) and registered financial corporations (RFCs) to submit a defined electronic data form (ARF 720.4) showing the value and composition of debt securities they hold (Schedule: Reporting Standard and ARF 720.4).\n\n- Specifies which entities must report: ADI Reporting Category B (Category A are excluded) and RFCs with total assets ≥ $500 million (measured by ARF 720.0A item 13). APRA can raise or change these thresholds for particular institutions by written notice (paras 4–5).\n\n- Sets reporting basis and frequency: monthly submissions for ADIs and quarterly submissions for RFCs (para 9), with due dates of 10 business days and 28 calendar days after the period end respectively (para 10). APRA may change an individual entity’s reporting frequency (para 11) or grant extensions (para 12).\n\n- Requires electronic submission via APRA’s Direct to APRA (D2A) application or another APRA-notified web method; submitted data must be digitally signed using an APRA-acceptable credential (paras 8, 15).\n\n- Lays out quality, valuation and audit rules: values reported at market prices as at the reference date, convert FX at spot, adjust for short‑sold positions, report whole dollars; information must be produced by systems and controls reviewed and tested by the institution’s external auditor under APS 310 (for ADIs) or RRS 710.0 (for RFCs) and subject to internal review/authorisation (paras in \"Values\", 13–14).\n\n- Provides a detailed reporting template (ARF 720.4) that breaks holdings into short-term (≤12 months) and long-term (>12 months) debt securities, further split by issuer sector (residents vs non-residents; government, non‑financial corporates, financial institutions, securitisations, etc.), by instrument type (commercial paper, negotiable CDs, covered bonds, hybrid securities, asset-backed securities), residual maturity and currency denomination (entire ARF 720.4 and Specific Instructions).\n\n\nWho this affects (who pays and who decides)\n\n- Primary cost-bearers: ADIs in Reporting Category B and RFCs with ≥ $500m in assets (paras 4–5). Those institutions must maintain data collection, valuation and control processes, and deliver monthly or quarterly electronic returns.\n\n- Decision authority: APRA determines which entities are in scope, may change thresholds, reporting frequency and due dates by written notice to the institution, and specifies acceptable submission methods and digital credentials (paras 5, 8, 11–12, 15).\n\n- Data users/beneficiaries: the Australian Bureau of Statistics (ABS) and the Reserve Bank of Australia (RBA) are the primary users for national accounts and monetary and credit aggregates; APRA may also use the data for prudential supervision and publication (paras 2–3).\n\n\nWhy it matters (purpose claims and operational trade-offs)\n\n- Official purpose: to supply the ABS and RBA with granular information on debt securities held by Australian ADIs and large RFCs for national accounts and monetary aggregates; APRA may also use the data for prudential and publication purposes (paras 2–3).\n\n- Concentrated benefits: ABS and RBA obtain more detailed sectoral, instrument and currency information to improve macroeconomic and monetary statistics (Schedule: Purpose and ARF 720.4 layout).\n\n- Diffuse costs: reporting institutions bear ongoing costs — data extraction, valuation at market prices, FX conversion, short‑sell adjustments, maintenance of internal controls, auditor review and timely monthly/quarterly filing (paras: Values, 13–15, 9–10). Those costs are concentrated on the subset of institutions in scope.\n\n- Implementation and mapping risk: the valuation and classification rules specified (market price, spot FX, adjusted for short‑sold positions; reporting resident vs non‑resident separately; reporting related-party holdings) may differ from entities’ statutory accounting presentations, requiring reconciliation or changes to internal reporting systems (\"Values\" and \"Counterparties\" sections). That raises implementation effort and possible timing mismatch with statutory accounts.\n\n- Bureaucratic discretion and flexibility: APRA retains administrative discretion to vary thresholds, change individual reporting frequencies, and accept alternative electronic submission methods or extensions (paras 5, 8, 11–12). That reduces the need for further legislative change but concentrates operational decision-making with APRA.\n\n- Compliance and assurance trade-off: APRA requires external auditor review and ongoing internal controls (para 13–14). This increases assurance over the data but increases external audit scope and compliance costs for reporting firms.\n\n- Possible behavioural effects on private choices: the instrument requires granular disclosure by issuer sector, currency and maturity. Firms will bear the compliance cost of creating and maintaining that data. The document does not mandate changes to asset holdings, but maintaining and reporting more granular data can create modest incentives to alter internal classification or recordkeeping practices to align with reporting definitions (see \"Counterparties\" and \"Values\").\n\n\nPractical mechanics to note (how to comply)\n\n- Report on a domestic books consolidation basis (Schedule: \"Information required\").\n- Use D2A or another APRA‑notified electronic method and sign data with an APRA‑accepted digital credential (paras 8, 15).\n- Follow the ARF 720.4 form layout: short‑term and long‑term sections, subsector breakdowns, FX denomination and residual maturity fields; some fields are derived sums and will be auto‑calculated (ARF 720.4 form and Specific Instructions).\n- Ensure external auditor review in line with APS 310 (ADIs) or RRS 710.0 (RFCs) and maintain internal control documentation (paras 13–14).\n\n\nKey cross-references\n\n- Definitions and some terms are drawn from Reporting Standard ARS 701.0 (para 16).\n- Audit and assurance requirements reference APS 310 or RRS 710.0 (para 13)."},"kimi_summary":{"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"This is a routine update/revocation of a specific reporting standard (No. 6 of 2019) with the same scope and purpose. The instrument maintains the established framework for collecting debt securities data from the same classes of financial institutions. No expansion beyond original intent is evident."},"complexity_factors":["Extensive nested item structure in the reporting form (e.g., Item 1.2.2.4.7.1 — seven levels of hierarchy)","Multiple conditional applicability rules (Category A vs B ADIs, RFC asset threshold of $500m, APRA's discretionary power to alter thresholds)","Cross-references to at least 4 other instruments: ARS 701.0 (definitions), ARF 720.0A (asset measurement), APS 310 (audit standards for ADIs), RRS 710.0 (audit standards for RFCs)","Divergent valuation methodology from standard accounting — requires market value reporting even where accounting standards might use amortised cost","Complex derived field calculations requiring institutions to compute sums and differences across multiple line items","Dual reporting frequencies (monthly for ADIs, quarterly for RFCs) with different due date calculations (business days vs calendar days)","Specific treatment of short-selling adjustments and foreign currency conversion at spot rates","Distinction between 'original maturity' and 'residual maturity' for classification purposes"],"plain_english_summary":"APRA’s reporting standard requires certain banks (Category B ADIs) and registered financial corporations with ≥$500m in assets to collect and submit detailed data on debt securities they hold (short/long term, issuer type, currency, related parties) via ARF 720.4. Banks report monthly, RFCs quarterly, with annual external audit and electronic D2A lodgement. The data feeds Australia’s National Accounts, RBA money/credit statistics and APRA’s prudential surveillance. It replaced the 2019 standard from 30 Sept 2021."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-29-of-2021/documents"}}