{"id":"F2022L00209","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 3 of 2022","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":102285,"registerId":"commonwealth-F2022L00209-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 3 of 2022","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 3 of 2022\n\nReporting Standard ARS 120.2 Securitisation — Supplementary Items\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. 17 of 2017, including Reporting Standard ARS 120.2 Securitisation — Supplementary Items made under that Determination; and\n\n(b) determine Reporting Standard ARS 120.2 Securitisation — Supplementary Items, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 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: 23 February 2022\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 120.2 Securitisation — Supplementary Items comprises the document commencing on the following page.\n\n![](image.001.png)\n\nReporting Standard ARS 120.2\n\nSecuritisation — Supplementary Items\n\nObjective of this Reporting Standard\n\nThis Reporting Standard sets out the requirements for the provision of information to APRA in relation to an authorised deposit-taking institution’s securitisation activities.\n\nIt includes Reporting Form ARF 120.2 Securitisation — Supplementary Items, and should be read in conjunction with Prudential Standard APS 120 Securitisation.\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 in Reporting Form ARF 120.2 Securitisation — Supplementary Items (ARF 120.2) is used by the Australian Prudential Regulation Authority (APRA) for the purpose of prudential supervision, including assessing compliance with Prudential Standard APS 120 Securitisation (APS 120). It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).\n\nApplication and commencement\n\n3. This Reporting Standard applies to all authorised deposit-taking institutions (ADIs), other than providers of purchased payment facilities. This Reporting Standard may also apply to the non-operating holding company (NOHC) of an ADI (refer to paragraph 6).\n\n4. This Reporting Standard applies for reporting periods ending on or after 31 March 2022.\n\nInformation required\n\n5. An ADI to which this Reporting Standard applies must provide APRA with the information required by the version of ARF 120.2 designated for an ADI at Level 1 for each reporting period.\n\n6. If an ADI to which this Reporting Standard applies is part of a Level 2 group, the ADI must also provide APRA with the information required by the version of ARF 120.2 designated for an ADI at Level 2 for each reporting period, unless the ADI is a subsidiary of an authorised NOHC. If the ADI is a subsidiary of an authorised NOHC, the ADI’s immediate parent NOHC must provide APRA with the information required by that form for each reporting period. In doing so, the immediate parent NOHC must comply with this Reporting Standard (other than paragraphs 5 and 11) as if it were the relevant ADI.\n\nForms and method of submission\n\n7. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.\n\nReporting periods and due dates\n\n8. Subject to paragraphs 9 and 10, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard within 35 calendar days after the end of each quarter based on the ADI’s financial year (within the meaning of the Corporations Act 2001).\n\n9. APRA may, by notice in writing, change the reporting periods or specified reporting periods for a particular ADI 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;\n\n(b) the extent to which the information is required for the purposes of the prudential supervision of the ADI; and\n\n(c) the requirements of the RBA or the ABS.\n\n10. APRA may, by notice in writing, extend the due date by which an ADI must provide the information required by this Reporting Standard, in which case the new due date will be the due date specified on the notice of extension.\n\nQuality control\n\n11. All information provided by an ADI under this Reporting Standard (except for the information required under paragraph 6) must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI as set out in Prudential Standard APS 310 Audit and Related Matters. 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 under this Reporting Standard.\n\n12. All information provided by an ADI under this Reporting Standard must be subject to systems, processes and controls developed by the ADI 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\n13. When an officer or agent of an ADI submits information under this Reporting Standard using a method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate acceptable to APRA.\n\nMinor alterations to forms and instructions\n\n14. APRA may make minor variations to:\n\n(a) a form that is part of this Reporting Standard to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n(b) the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n15. If APRA makes such a variation, it will notify, in writing, each ADI that is required to report under this Reporting Standard.\n\nTransition\n\n16. An ADI must report under the old reporting standard in respect of a transitional reporting period. For these purposes:\n\nold reporting standard means the reporting standard revoked by the determination that makes this Reporting Standard (being the reporting standard that this Reporting Standard replaces); and\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) that ended before the date of revocation of the old reporting standard; and\n\n(b) in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.\n\nNote: For the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide any overdue reporting documents in accordance with the old reporting standard.\n\nInterpretation\n\n17. In this Reporting Standard:\n\nAASB has the meaning in section 9 of the Corporations Act 2001.\n\nADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nauthorised NOHC has the meaning given in the Banking Act 1959.\n\nbasis swap has the meaning given in paragraph 11(b) of Prudential Standard APS 120 Securitisation.\n\ncapital relief securitisation is a securitisation structure that meets the operational requirements for regulatory capital relief under Attachment A of Prudential Standard APS 120 Securitisation and is, therefore, excluded from the calculation of regulatory capital under Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk or Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk.\n\ncash collateral means collateral that is lodged in the name of the SPV in the form of cash and must, therefore, be treated as a securitisation exposure.\n\ncommercial loans means all loans to private and public trading corporations, private unincorporated businesses, community service organisations, ADIs and other financial institutions, and loans to government.\n\ncredit enhancement has the meaning given in paragraph 11(d) of Prudential Standard APS 120 Securitisation.\n\ndrawn amount means the principal amount (and any accrued interest) of the facility that has been drawn by the securitisation program or investors, and is currently outstanding at the end of the quarter.\n\nfacility has the meaning given in paragraph 11(h) of Prudential Standard APS 120 Securitisation.\n\nfunding-only securitisation is a securitisation structure that has been established for the purpose of obtaining funding, or which does not meet the operational requirements for regulatory capital relief. It includes all asset-backed commercial paper programs and securitisation of revolving credit facilities, as per the definition of these terms in Prudential Standard APS 120 Securitisation.\n\nhousing loans means loans to households, the repayment of which is secured to the lender by a mortgage, charge or other encumbrance over residential property.\n\nimmediate parent NOHC means an authorised NOHC, or a subsidiary of an authorised NOHC, that is an immediate parent NOHC within the meaning of Prudential Standard APS 001 Definitions.\n\nLevel 1 has the meaning given in Prudential Standard APS 001 Definitions.\n\nLevel 2 has the meaning given in Prudential Standard APS 001 Definitions.\n\nliquidity facility has the meaning given in paragraph 11(k) of Prudential Standard APS 120 Securitisation.\n\nnotional amount means the total contractually committed amount or limit of any facility.\n\noriginating ADI has the meaning given in paragraph 11(o) of Prudential Standard APS 120 Securitisation.\n\nother funding facility means all other funding facilities provided by an ADI to an SPV.\n\npersonal loans means loans to households other than housing loans. These may include credit cards, margin loans and other loans.\n\nprior notification means a prior notification given to APRA in accordance with paragraphs 78 to 80 of Prudential Standard APS 120 Securitisation.\n\nprovider of purchased payment facilities means an ADI that is subject to a condition on its authority under section 9 of the Banking Act 1959 confining the banking business that the ADI is authorised to carry on to providing purchased payment facilities.\n\nReporting Category A has the meaning given by Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0).\n\nReporting Category B has the meaning given by ARS 701.0.\n\nreporting period means a period mentioned in paragraph 8 or, if applicable, paragraphs 9 and 10.\n\nsecured funding arrangement means a fundraising arrangement that involves providing an interest in or over assets originated by the ADI and is subject to prior notification requirements under paragraphs 78 to 81 of Prudential Standard APS 120 Securitisation.\n\nsecuritised assets means assets involved in a securitisation program that:\n\n(a) meet the operational requirements for regulatory capital relief, and are excluded from the calculation of regulatory capital under Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk (APS 112) or Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk (APS 113); or\n\n(b) support a funding-only securitisation (excluding self-securitisations) or synthetic securitisation and are required to be included in the on-balance sheet assets of an ADI for capital adequacy purposes under APS 112 or APS 113.\n\nself-securitisation has the meaning given in paragraph 11(u) of Prudential Standard APS 120 Securitisation.\n\nsenior securities has the meaning given in paragraph 11(w) of Prudential Standard APS 120 Securitisation. Do not include any senior securities issued in a self-securitisation.\n\nSPV has the meaning given to that expression in paragraph 11(y) of Prudential Standard APS 120 Securitisation. Do not include any SPVs established for the purpose of self-securitisation.\n\nsubsidiary has the meaning given in the Corporations Act 2001.\n\nsynthetic securitisation has the meaning given in paragraph 11(aa) of Prudential Standard APS 120 Securitisation.\n\n18. APRA may determine, in writing, that an individual ADI of one class of ADI is to be treated, for the purposes of this Reporting Standard, as though it was an ADI of another class of ADI.\n\n19. Unless the contrary intention appears, references to an Act, Prudential Standard, Reporting Standards, Australian Accounting or Auditing Standard are references to the instrument as in force from time to time.\n\n| ARF_120_2: Securitisation - Supplementary Items |\n| ----------------------------------------------- |\n\n| Australian Business Number | Institution Name |\n| -------------------------- | ----------------------------------------------------------------------------------------------------------------------- |\n| | |\n| Reporting Period | Scale Factor |\n| | Millions to one decimal place for Reporting Category B ADIsWhole dollars no decimal place for Reporting Category A ADIs |\n| Reporting Consolidation | |\n| Level 1 / Level 2 | |\n\n| Securitised assets |\n| ------------------ |\n\n| | Value of assets in pool | Non-performing | Repurchases | Outstanding securities |\n| ----------------------- | ----------------------- | -------------- | ----------- | ---------------------- |\n| | (1) | (2) | (3) | (4) |\n| 1.1. Securitised assets | | | | |\n| 1.1.1. Housing loans | | | | |\n| 1.1.2. Personal loans | | | | |\n| 1.1.3. Commercial loans | | | | |\n| 1.1.4. Other | | | | |\n| 1.1.5. Total | | | | |\n\n| | Value of assets in pool | Outstanding securities |\n| ------------------------------------------------------------------------------------------- | ----------------------- | ---------------------- |\n| | (1) | (2) |\n| 1.2. Securitisation prudential treatment | | |\n| 1.2.1. Securitisations that meet the operational requirements for regulatory capital relief | | |\n| 1.2.1.1. of which: subject to transitional arrangements | | |\n| 1.2.2. Securitisations that meet the operational requirements for funding-only | | |\n| 1.2.3. Synthetic securitisation | | |\n| 1.2.3.1. of which: subject to transitional arrangements | | |\n| 1.2.4. Other securitisations | | |\n\n| 2. Holdings of securities |\n| --------------------------------------------------------------------------------------- |\n| |\n| 2.1. SPVs for which more than 20 per cent of own outstanding senior securities are held |\n\n| SPV name | Senior securities held | Total senior securities outstanding | Own senior securities held |\n| -------- | ---------------------- | ----------------------------------- | -------------------------- |\n| (1) | (2) | (3) | (4) |\n| | | | |\n\n| 3. Provision of facilities |\n| -------------------------- |\n\n```html\n

ADI as originator

Other

Total

Notional amount

Drawn amount

Notional amount

Drawn amount

Notional amount

Drawn amount

(1)

(2)

(3)

(4)

(5)

(6)

3.1. Facilities categorised as securitisation exposures

3.1.1. Liquidity and other funding facilities

3.1.2. Credit enhancements

3.1.3. Derivatives transactions

3.1.3.1. of which: basis swaps

3.1.4. Other facilities

3.1.5. Total

\n```\n\n| | ADI as originator | Other | Total |\n| --------------------------------------------------------- | ----------------- | ----- | ----- |\n| | (1) | (2) | (3) |\n| 3.2. Cash collateral treated as a securitisation exposure | | | |\n\n| 4. Details of new arrangements entered into in the quarter |\n| ---------------------------------------------------------- |\n| |\n| 4.1. Loans sold or originated into securitisation SPVs |\n\n| SPV name | Value of loans sold or originated | Value of funding received |\n| -------- | --------------------------------- | ------------------------- |\n| (1) | (2) | (3) |\n| | | |\n\n| 4.2. New facilities provided to securitisation SPVs |\n| --------------------------------------------------- |\n\n| SPV name | Liquidity and other funding facilities | Credit enhancements | Derivatives transactions | Basis swaps | Other facilities |\n| -------- | -------------------------------------- | ------------------- | ------------------------ | ----------- | ---------------- |\n| (1) | (2) | (3) | (4) | (5) | (6) |\n| | | | | | |\n\n| 5. Self-securitisations |\n| ---------------------------- |\n| |\n| 5.1. Self-securitised assets |\n\n| Self-securitisation structures | Value of assets in pool |\n| ------------------------------ | ----------------------- |\n| (1) | (2) |\n| | |\n\n| | Value of assets in pool | Securities sold under agreement to repurchase | Value of funding received |\n| ------------------------------------------------------------------------------------------------------------- | ----------------------- | --------------------------------------------- | ------------------------- |\n| | (1) | (2) | (3) |\n| 5.2. of which: Self-securitised assets used to enter into a repurchase agreement with the RBA as counterparty | | | |\n\n| 6. Other secured funding arrangements |\n| ------------------------------------- |\n\n| | Value of assets in pool | Outstanding securities |\n| --------------------------------------------------------------------- | ----------------------- | ---------------------- |\n| | (1) | (2) |\n| 6.1. Other secured funding arrangements subject to prior notification | | |\n\nReporting Form ARF 120.2\n\nSecuritisation — Supplementary Items\n\nInstructions\n\nThis form captures collects information related to an ADI’s involvement in securitisation programs that it has established. It also collects information on securitisation programs established by third parties to which the ADI sells assets, provides facilities, or in which it invests. The information collected in this form is not used in calculating the regulatory capital relating to an ADI’s securitisation exposures. In completing this form, ADIs should refer to Prudential Standard APS 120 Securitisation (APS 120). Information reported on this form is required primarily for prudential purposes.\n\nReporting entity\n\nARF 120.2 must be completed at Level 1 and Level 2 by all ADIs, with the exception of providers of purchased payment facilities. If an ADI is a subsidiary of an authorised NOHC, the report at Level 2 is to be provided by the ADI’s immediate parent NOHC.\n\nReporting basis and units of measurement\n\nReport all items on ARF 120.2 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nComplete items on ARF 120.2 as at the last day of the stated reporting period (i.e. the relevant quarter) and submit to APRA within 35 calendar days of the end of the relevant reporting period.\n\nReport all items in Australian dollars (AUD) and in accordance with the units set out below:\n\n| Class of ADI | Units |\n| ------------------------- | ------------------------------------------------- |\n| Reporting Category B ADIs | Millions of dollars rounded to one decimal place. |\n| Reporting Category A ADIs | Whole dollars with no decimal place. |\n\nAn immediate parent NOHC must complete this form in AUD and in accordance with the same units as its subsidiary ADI.\n\nConvert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.[\\[1\\]](#_ftn1)\n\nSpecific instructions\n\nThe following instructions are applicable at Level 1 and (where relevant) Level 2. Report all required items on this form, regardless of whether or not they are consolidated for accounting purposes or the reporting of regulatory capital.\n\nDo not include any securitisation exposures held in the trading book. Report these on Reporting Form ARF 116.0 Market Risk.\n\nAll derived fields in the form are shaded and specified in the instructions below. Terms highlighted in bold italics indicate that the definition is provided in paragraph 17 of this Reporting Standard.\n\n1. Securitised assets\n\nItem 1 collects information about an originating ADI’s assets that are securitised. Do not report any self-securitisation structures or other securitisation arrangements with overseas central banks under item 1.\n\nReporting basis: report item 1 as at the end of the reporting period.\n\n| Item 1.1 | For item 1.1 report all securitised assets of an originating ADI.Report the outstanding value (plus accrued interest) of transferred assets in column 1.Report all transferred assets and exposures that would be considered non-performing if held by the ADI, in accordance with Prudential Standard APS 220 Credit Risk Management (APS 220), in column 2.Report all transferred assets and exposures originated or sold by the ADI to a securitisation program that have been repurchased by the ADI during the reporting period in column 3.Report the outstanding value of securities issued by the securitisation that are backed by the assets and exposures that the reporting ADI has sold, or otherwise originated, into securitisation programs (collectively transferred assets) in column 4.Report all housing loans in item 1.1.1.Report all personal loans in item 1.1.2.Report all commercial loans in item 1.1.3.Report all other assets which do not fall into the preceding categories (e.g. leases and receivables) in item 1.1.4.Item 1.1.5 is a derived total of items 1.1.1 to 1.1.4 inclusive. |\n| -------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 1.2 | For item 1.2, report the required information for all securitisation programs established by an originating ADI by structure type. Report the outstanding value (plus accrued interest) of transferred assets in column 1.Report the outstanding value of securities issued by the securitisation that are backed by the assets and exposures that the reporting ADI has sold, or otherwise originated, into securitisation programs (collectively transferred assets) in column 2.Report all capital relief securitisation in item 1.2.1. Report all capital relief securitisation subject to transitional arrangements under APS 120 in item 1.2.1.1.Report all funding-only securitisation (excluding any self-securitisation) in item 1.2.2.Report all synthetic securitisation in item 1.2.3. Report all synthetic securitisation structures that are subject to transitional arrangements under APS 120 in item 1.2.3.1.Where instructed by APRA, report other securitisation arrangements in item 1.2.4. |\n\n2. Holdings of securities\n\nItem 2 collects information about an ADI’s holdings of securities for securitisation programs for which it is the originator. Do not report any securities held for the purpose of self-securitisation or other securitisation arrangements with overseas central banks under item 2.\n\nReporting basis: report item 2 as at the end of the reporting period.\n\n| Item 2 | For item 2, report all details within the table. Report all SPVs for which the ADI is an originating ADI and holds more than 20 per cent of the value of senior securities outstanding in column 1.Report the total value of senior securities held for the identified SPV in column 2.Report the total value of senior securities outstanding for the same identified SPV in column 3.Column 4 is a derived percentage of the proportion of own senior securities held for the identified SPV, calculated by the formula:(column 2/column 3)*100 |\n| ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n3. Provision of facilities\n\nItem 3 collects information about the facilities an ADI provides to securitisation programs. Do not report any facility provided to a self-securitisation structure or other securitisation arrangement with overseas central banks under item 3.\n\nReporting basis: report item 3 as at the end of the reporting period.\n\n| Item 3.1 | Report the notional amount and drawn amount of any facility provided to a securitisation program by the originating ADI only in column 1 and column 2.Report the notional amount and drawn amount of any facility provided to a securitisation program, where the ADI is not the originating ADI in column 3 and column 4.Column 5 is a derived total calculated as the sum of column 1 and column 3. Column 6 is a derived total calculated as the sum of column 2 and column 4.For item 3.1.1, report any liquidity facility or other funding facility provided by the ADI to a securitisation program.For item 3.1.2, report any credit enhancement provided by the ADI to a securitisation program.For item 3.1.3, report the total value of any derivatives transactions provided by the ADI to a securitisation program. Report the total value of any basis swap provided in item 3.1.3.1. Report the credit equivalent amount as at the end of the reporting quarter.For item 3.1.4, report any other facility provided by the ADI to a securitisation program.Item 3.1.5 is a derived total of all facilities provided by the ADI to a securitisation program. |\n| -------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 3.2 | For item 3.2 report the total value of any cash collateral that is lodged by the ADI to collateralise facilities and services provided by the ADI to an SPV.Report cash collateral lodged by the originating ADI only in column 1. Report cash collateral lodged by the ADI where it is not captured as the originating ADI in column 2. Column 3 is a derived total calculated as the sum of column 1 and column 2. |\n\n4. Details of new arrangements entered into in the quarter\n\nItem 4 collects information about any new securitisation arrangements entered into by an originating ADI during the reporting quarter. Do not report any new securitisation arrangements that are entered into for the purpose of self-securitisation, or other securitisation arrangements with overseas central banks, under item 4.\n\nReporting basis: report item 4 as at the effective date of the transaction.\n\n| Item 4.1 | Report all SPVs into which an ADI has sold, or otherwise originated, loans during the reporting quarter in column 1.Report the total value of any loans that were sold, or otherwise originated, into SPVs during the quarter in column 2.Report the total value of the funding received in exchange for the transferred loans in column 3. |\n| -------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 4.2 | Report in item 4.2, the notional amount of all new facilities provided to securitisation SPVs.Report all SPVs to which the ADI has provided a new facility during the reporting quarter in column 1.Report the total value of any new liquidity facility or other funding facility provided by the ADI to an SPV during the quarter in column 2.Report the total value of all new credit enhancement arrangements provided by the ADI to an SPV during the quarter in column 3.Report the total value of derivatives transactions, excluding any basis swap, arrangements, provided by the ADI to an SPV during the quarter in column 4.Report the total value of all new basis swap arrangements entered into by the ADI with an SPV during the quarter in column 5. Report the credit equivalent amount as at the end of the reporting quarter.Report the total value of all other new facilities provided by the ADI to an SPV during the quarter in column 6. |\n\n5. Self-securitisations\n\nItem 5 collects information about an ADI’s self-securitisation programs.\n\nReporting basis: report item 5 as at the end of the reporting period.\n\n| Item 5.1 | Report all structures which the ADI has established for the purpose of undertaking a self-securitisation in column 1.Report the outstanding value (plus accrued interest) of transferred assets per self-securitisation structure in column 2. |\n| -------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 5.2 | Report in item 5.2 the required data for all self-securitisation structures where securities have actually been used to enter into a repurchase agreement with the RBA. Report all amounts on an aggregate basis, rather than per self-securitisation structure.Report the outstanding value (plus accrued interest) of transferred assets supporting self-securitisation programs in column 1.Report the outstanding value of securities issued by the self-securitisation and sold under agreement to repurchase, where the counterparty is the RBA, in column 2.Report the total value of funding received for securities sold under agreement to repurchase, where the counterparty is the RBA, after the application of relevant margins in column 3. |\n\n6. Other secured funding arrangements\n\nItem 6 collects information about an ADI’s assets supporting secured funding arrangements subject to prior notification under paragraphs 78 to 81 of APS 120.\n\nReporting basis: report item 6 as at the end of the reporting period.\n\n| Item 6 | For item 6.1, report all assets of the ADI supporting a secured funding arrangement subject to prior notification.Report the outstanding value (plus accrued interest) of transferred assets in column 1.Report the outstanding value of securities issued by the secured funding arrangement that are backed by the assets and exposures that the reporting ADI has sold, or otherwise originated, into the secured funding arrangement (collectively transferred assets) in column 2. |\n| ------ | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n\n---\n\n[\\[1\\]](#_ftnref1) Made by the AASB under section 334 of the Corporations Act 2001,","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":2470},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"This determination replaces Reporting Standard No. 17 of 2017 with an updated version (ARS 120.2), maintaining the same core scope of collecting securitisation data from ADIs for prudential supervision. The scope remains consistent with the original legislative intent under the Financial Sector (Collection of Data) Act 2001, focusing on supplementary securitisation reporting requirements without expanding into new regulatory areas."},"complexity_factors":["17 defined technical terms cross-referencing multiple prudential standards (APS 120, APS 001, APS 310)","Dual reporting framework requiring both Level 1 (individual entity) and Level 2 (consolidated group) submissions","Conditional application based on ADI classification (Reporting Category A vs B) with different unit measurements","Complex hierarchy of exceptions including exclusions for self-securitisations, purchased payment facilities, and NOHCs","Detailed form instructions with derived fields requiring specific calculations (percentages, totals, credit equivalent amounts)","Extensive cross-referencing to external legislative instruments including the Banking Act 1959 and Corporations Act 2001"],"plain_english_summary":"A new APRA reporting rule requires ADIs (and their NOHCs) to provide detailed, regular electronic reports on their securitisation activities — including assets packaged, retained or repurchased, facilities and exposures tied to securitisation, and any material new arrangements. Reports are used by APRA (and shared with RBA/ABS) to supervise risk and support monetary/statistical purposes, with assurance and format standards to ensure data reliability."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":false,"description":"The instrument revokes the previous Determination No. 17 of 2017 and replaces Reporting Standard ARS 120.2, but the text does not state a substantive change in which entities must report. It continues to apply to ADIs (excluding providers of purchased payment facilities), may apply at Level 2 or to an immediate parent NOHC where specified (paras 3, 5–6), and sets a specified commencement for reporting periods ending on or after 31 March 2022 (para 4), with transitional reporting rules (para 16)."},"complexity_factors":["Multiple reporting levels and consolidation rules with different reporters depending on Group Level and NOHC status (paras 5–6).","Extensive cross-references and reliance on Prudential Standard APS 120 for key definitions and treatment (paras 1, 2, 17).","Detailed itemised data specification across many categories (items 1–6 and accompanying form instructions), including derived fields and aggregation rules (Form ARF 120.2 instructions).","Quality control and external auditor review requirement tied to APS 310 and auditing guidance, with annual or more frequent testing (para 11).","Operational requirements for submission: electronic format, APRA‑specified method, digital certificate sign‑off by an officer or agent (paras 7, 13).","APRA discretions to change reporting frequency for particular ADIs or extend due dates (paras 9–10), creating case‑by‑case variation risk.","Transition rules for overlapping reporting periods and a revocation/replace mechanism (paras 16 and opening revocation), affecting legacy reporting obligations.","Specific exclusions and carve‑outs (e.g. providers of purchased payment facilities, self‑securitisations, trading book) that require careful scope mapping (paras 3, item instructions)."],"plain_english_summary":"This instrument replaces APRA’s prior supplementary securitisation reporting standard and prescribes Reporting Form ARF 120.2. It requires authorised deposit-taking institutions (ADIs) to electronically supply audited, quarterly data about securitisation assets, facilities and SPV exposures so APRA (and potentially the RBA and ABS) can use the information for prudential supervision. Affected entities must adapt systems, controls and external audit processes to meet timing, format and definitional rules."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-3-of-2022/documents"}}