{"id":"F2018L00392","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 31 of 2018","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":99963,"registerId":"commonwealth-F2018L00392-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard ARS 391.0","sectionType":"part","heading":"Reporting Standard ARS 391.0","content":"## ![](image.001.png)\n\n## Reporting Standard ARS 391.0\n\n# Commercial Finance\n\n### Objective of this Reporting Standard\n\nThis Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s commercial finance. It should be read in conjunction with:\n\n-   Reporting Form ARF 391.0.1 Commercial Finance in NSW;\n-   Reporting Form ARF 391.0.2 Commercial Finance in VIC;\n-   Reporting Form ARF 391.0.3 Commercial Finance in QLD;\n-   Reporting Form ARF 391.0.4 Commercial Finance in SA;\n-   Reporting Form ARF 391.0.5 Commercial Finance in WA;\n-   Reporting Form ARF 391.0.6 Commercial Finance in TAS;\n-   Reporting Form ARF 391.0.7 Commercial Finance in the NT; and\n-   Reporting Form ARF 391.0.8 Commercial Finance in the ACT,\n\nand the associated instructions (all of which are attached and form part of this Reporting Standard).\n\n# Authority\n\n1.  This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n# Purpose\n\n2. Data collected in Reporting Forms ARF 391.0.1 to 391.0.8 (ARF 391.0.1 to ARF 391.0.9) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).\n\n# Application\n\n3. This Reporting Standard applies to an authorised deposit-taking institution (ADI) as set out in the table below.\n\n| Class of ADI             | Applicable |\n| ------------------------ | ---------- |\n| Australian-owned Bank    | Yes        |\n| Foreign Subsidiary Bank  | Yes        |\n| Branch of a Foreign Bank | Yes        |\n| Building Society         | Yes        |\n| Credit Union             | Yes        |\n| Other ADI[1]             | Yes        |\n\n4. This Reporting Standard commences on 1 April 2018.\n\n# Information required\n\n5. An ADI that is an Australian-owned bank, a foreign subsidiary bank or a branch of a foreign bank must complete each of ARF 391.0.1 to 391.0.8 on a domestic books basis for each reporting period.\n\n6. An ADI that is a building society, a credit union or Cairns Penny Savings & Loans Limited must complete each of ARF 391.0.1 to 391.0.8 on a licensed ADI basis for each reporting period.\n\n# Form and method of submission\n\n7. 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 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\n# Reporting periods and due dates\n\n8. Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each calendar month.\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. The information required by this Reporting Standard must be provided to APRA by 10 business days after the end of the reporting period to which it relates.\n\n11. APRA may grant an ADI 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\n# Quality control\n\n12. All information provided by an ADI under this Reporting Standard must be subject to 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 of an ADI submits information under this Reporting Standard using the D2A application, or other method notified by APRA, it will be necessary for the officer to digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n# Minor 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, and the instructions to such a form, 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\n> without changing any substantive requirement in the form or instructions.\n\n15. If APRA makes such a variation it must notify in writing each ADI that is required to report under this Reporting Standard.\n\n# Interpretation\n\n16. 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\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union; and\n\n(vi) other ADI.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 10 or, if applicable, paragraph 11.\n\nforeign ADI has the meaning in section 5 of the Banking Act 1959.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union or a foreign subsidiary bank but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 8 or, if applicable, paragraph 9.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).\n\n17. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":0},{"sectionNumber":"Commercial Finance","sectionType":"part","heading":"Commercial Finance","content":"# Commercial Finance\n\n### Objective of this Reporting Standard\n\nThis Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s commercial finance. It should be read in conjunction with:\n\n-   Reporting Form ARF 391.0.1 Commercial Finance in NSW;\n-   Reporting Form ARF 391.0.2 Commercial Finance in VIC;\n-   Reporting Form ARF 391.0.3 Commercial Finance in QLD;\n-   Reporting Form ARF 391.0.4 Commercial Finance in SA;\n-   Reporting Form ARF 391.0.5 Commercial Finance in WA;\n-   Reporting Form ARF 391.0.6 Commercial Finance in TAS;\n-   Reporting Form ARF 391.0.7 Commercial Finance in the NT; and\n-   Reporting Form ARF 391.0.8 Commercial Finance in the ACT,\n\nand the associated instructions (all of which are attached and form part of this Reporting Standard).\n\n# Authority\n\n1.  This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n# Purpose\n\n2. Data collected in Reporting Forms ARF 391.0.1 to 391.0.8 (ARF 391.0.1 to ARF 391.0.9) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).\n\n# Application\n\n3. This Reporting Standard applies to an authorised deposit-taking institution (ADI) as set out in the table below.\n\n| Class of ADI             | Applicable |\n| ------------------------ | ---------- |\n| Australian-owned Bank    | Yes        |\n| Foreign Subsidiary Bank  | Yes        |\n| Branch of a Foreign Bank | Yes        |\n| Building Society         | Yes        |\n| Credit Union             | Yes        |\n| Other ADI[1]             | Yes        |\n\n4. This Reporting Standard commences on 1 April 2018.\n\n# Information required\n\n5. An ADI that is an Australian-owned bank, a foreign subsidiary bank or a branch of a foreign bank must complete each of ARF 391.0.1 to 391.0.8 on a domestic books basis for each reporting period.\n\n6. An ADI that is a building society, a credit union or Cairns Penny Savings & Loans Limited must complete each of ARF 391.0.1 to 391.0.8 on a licensed ADI basis for each reporting period.\n\n# Form and method of submission\n\n7. 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 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\n# Reporting periods and due dates\n\n8. Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each calendar month.\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. The information required by this Reporting Standard must be provided to APRA by 10 business days after the end of the reporting period to which it relates.\n\n11. APRA may grant an ADI 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\n# Quality control\n\n12. All information provided by an ADI under this Reporting Standard must be subject to 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 of an ADI submits information under this Reporting Standard using the D2A application, or other method notified by APRA, it will be necessary for the officer to digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n# Minor 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, and the instructions to such a form, 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\n> without changing any substantive requirement in the form or instructions.\n\n15. If APRA makes such a variation it must notify in writing each ADI that is required to report under this Reporting Standard.\n\n# Interpretation\n\n16. 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\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union; and\n\n(vi) other ADI.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 10 or, if applicable, paragraph 11.\n\nforeign ADI has the meaning in section 5 of the Banking Act 1959.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union or a foreign subsidiary bank but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 8 or, if applicable, paragraph 9.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).\n\n17. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":1},{"sectionNumber":"Objective of this Reporting Standard","sectionType":"division","heading":"Objective of this Reporting Standard","content":"### Objective of this Reporting Standard\n\nThis Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s commercial finance. It should be read in conjunction with:\n\n-   Reporting Form ARF 391.0.1 Commercial Finance in NSW;\n-   Reporting Form ARF 391.0.2 Commercial Finance in VIC;\n-   Reporting Form ARF 391.0.3 Commercial Finance in QLD;\n-   Reporting Form ARF 391.0.4 Commercial Finance in SA;\n-   Reporting Form ARF 391.0.5 Commercial Finance in WA;\n-   Reporting Form ARF 391.0.6 Commercial Finance in TAS;\n-   Reporting Form ARF 391.0.7 Commercial Finance in the NT; and\n-   Reporting Form ARF 391.0.8 Commercial Finance in the ACT,\n\nand the associated instructions (all of which are attached and form part of this Reporting Standard).","sortOrder":2},{"sectionNumber":"Authority","sectionType":"part","heading":"Authority","content":"# Authority\n\n1.  This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.","sortOrder":3},{"sectionNumber":"Purpose","sectionType":"part","heading":"Purpose","content":"# Purpose\n\n2. Data collected in Reporting Forms ARF 391.0.1 to 391.0.8 (ARF 391.0.1 to ARF 391.0.9) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS).","sortOrder":4},{"sectionNumber":"Application","sectionType":"part","heading":"Application","content":"# Application\n\n3. This Reporting Standard applies to an authorised deposit-taking institution (ADI) as set out in the table below.\n\n| Class of ADI             | Applicable |\n| ------------------------ | ---------- |\n| Australian-owned Bank    | Yes        |\n| Foreign Subsidiary Bank  | Yes        |\n| Branch of a Foreign Bank | Yes        |\n| Building Society         | Yes        |\n| Credit Union             | Yes        |\n| Other ADI[1]             | Yes        |\n\n4. This Reporting Standard commences on 1 April 2018.\n\n# Information required\n\n5. An ADI that is an Australian-owned bank, a foreign subsidiary bank or a branch of a foreign bank must complete each of ARF 391.0.1 to 391.0.8 on a domestic books basis for each reporting period.\n\n6. An ADI that is a building society, a credit union or Cairns Penny Savings & Loans Limited must complete each of ARF 391.0.1 to 391.0.8 on a licensed ADI basis for each reporting period.\n\n# Form and method of submission\n\n7. 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 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\n# Reporting periods and due dates\n\n8. Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each calendar month.\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. The information required by this Reporting Standard must be provided to APRA by 10 business days after the end of the reporting period to which it relates.\n\n11. APRA may grant an ADI 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\n# Quality control\n\n12. All information provided by an ADI under this Reporting Standard must be subject to 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 of an ADI submits information under this Reporting Standard using the D2A application, or other method notified by APRA, it will be necessary for the officer to digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n# Minor 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, and the instructions to such a form, 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\n> without changing any substantive requirement in the form or instructions.\n\n15. If APRA makes such a variation it must notify in writing each ADI that is required to report under this Reporting Standard.\n\n# Interpretation\n\n16. 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\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union; and\n\n(vi) other ADI.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 10 or, if applicable, paragraph 11.\n\nforeign ADI has the meaning in section 5 of the Banking Act 1959.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union or a foreign subsidiary bank but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 8 or, if applicable, paragraph 9.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).\n\n17. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":5},{"sectionNumber":"Class of ADI","sectionType":"part","heading":"Class of ADI","content":"# Class of ADI","sortOrder":6},{"sectionNumber":"Applicable","sectionType":"part","heading":"Applicable","content":"# Applicable","sortOrder":7},{"sectionNumber":"Australian-owned Bank","sectionType":"part","heading":"Australian-owned Bank","content":"# Australian-owned Bank","sortOrder":8},{"sectionNumber":"Yes","sectionType":"part","heading":"Yes","content":"# Yes","sortOrder":9},{"sectionNumber":"Foreign Subsidiary Bank","sectionType":"part","heading":"Foreign Subsidiary Bank","content":"# Foreign Subsidiary Bank","sortOrder":10},{"sectionNumber":"Branch of a Foreign Bank","sectionType":"part","heading":"Branch of a Foreign Bank","content":"# Branch of a Foreign Bank","sortOrder":12},{"sectionNumber":"Building Society","sectionType":"part","heading":"Building Society","content":"# Building Society","sortOrder":14},{"sectionNumber":"Credit Union","sectionType":"part","heading":"Credit Union","content":"# Credit Union","sortOrder":16},{"sectionNumber":"Other ADI[1]","sectionType":"part","heading":"Other ADI[1]","content":"# Other ADI[\\[1\\]](#_ftn1)","sortOrder":18},{"sectionNumber":"Information required","sectionType":"part","heading":"Information required","content":"# Information required\n\n5. An ADI that is an Australian-owned bank, a foreign subsidiary bank or a branch of a foreign bank must complete each of ARF 391.0.1 to 391.0.8 on a domestic books basis for each reporting period.\n\n6. An ADI that is a building society, a credit union or Cairns Penny Savings & Loans Limited must complete each of ARF 391.0.1 to 391.0.8 on a licensed ADI basis for each reporting period.","sortOrder":20},{"sectionNumber":"Form and method of submission","sectionType":"part","heading":"Form and method of submission","content":"# Form and method of submission\n\n7. 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 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.","sortOrder":21},{"sectionNumber":"Reporting periods and due dates","sectionType":"part","heading":"Reporting periods and due dates","content":"# Reporting periods and due dates\n\n8. Subject to paragraph 9, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard for each calendar month.\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. The information required by this Reporting Standard must be provided to APRA by 10 business days after the end of the reporting period to which it relates.\n\n11. APRA may grant an ADI 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.","sortOrder":22},{"sectionNumber":"Quality control","sectionType":"part","heading":"Quality control","content":"# Quality control\n\n12. All information provided by an ADI under this Reporting Standard must be subject to 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 of an ADI submits information under this Reporting Standard using the D2A application, or other method notified by APRA, it will be necessary for the officer to digitally sign the relevant information using a digital certificate acceptable to APRA.","sortOrder":23},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"part","heading":"Minor alterations to forms and instructions","content":"# Minor 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, and the instructions to such a form, 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\n> without changing any substantive requirement in the form or instructions.\n\n15. If APRA makes such a variation it must notify in writing each ADI that is required to report under this Reporting Standard.","sortOrder":24},{"sectionNumber":"Interpretation","sectionType":"part","heading":"Interpretation","content":"# Interpretation\n\n16. 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\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union; and\n\n(vi) other ADI.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 10 or, if applicable, paragraph 11.\n\nforeign ADI has the meaning in section 5 of the Banking Act 1959.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union or a foreign subsidiary bank but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 8 or, if applicable, paragraph 9.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).\n\n17. Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.","sortOrder":25},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"# Instruction Guide\n\nThe purpose of this survey is to provide monthly statistics on finance provided to private and public sector businesses. The statistics are used by the APRA for regulatory purposes, and may be provided to the Reserve Bank of Australia (RBA) and the Australian Bureau of Statistics (ABS) for policy and statistical purposes. Published aggregate statistics from this collection are used for research and policy formulation by economists, state and federal governments, and leasing associations.\n\nA separate form for commercial finance in all eight states should be completed:\n\n-   ARF 391.0.1 Commercial Finance in NSW;\n-   ARF 391.0.2 Commercial Finance in VIC;\n-   ARF 391.0.3 Commercial Finance in QLD;\n-   ARF 391.0.4 Commercial Finance in SA;\n-   ARF 391.0.5 Commercial Finance in WA;\n-   ARF 391.0.6 Commercial Finance in TAS;\n-   ARF 391.0.7 Commercial Finance in NT; and\n-   ARF 391.0.8 Commercial Finance in ACT.\n\nGeneral directions and notes\n\nReporting entity[\\[2\\]](#_ftn2)\n\nThis form is to be completed by Australian-owned banks, foreign subsidiary banks and branches of foreign banks on a Domestic books basis.\n\nThe Domestic books of the Australian-owned banks, foreign subsidiary banks and branches of foreign banks relates to the Australian books of the Australian authorised deposit taking institution (ADI) and has the following scope:\n\n-   is an unconsolidated report of the Australian licensed ADI's operations/transactions that are booked inside Australia;\n-   exclude offshore branches of the Australian licensed ADI from this reporting unit;\n-   exclude offshore banking units based overseas from this reporting unit;\n-   do not consolidate Australian and offshore controlled entities or associated entities that are not ADIs;\n-   include Australian based offshore banking units of the licensed ADI; and\n-   include transactions with non-residents recorded on Australian books.\n\nThis form should be completed by all Credit Unions, Cairns Penny Savings & Loans Limited, Building Societies on a licensed ADI basis.","sortOrder":26},{"sectionNumber":"Licensed ADI","sectionType":"subdivision","heading":"Licensed ADI","content":"#### Licensed ADI\n\nThis refers to the operations of the reporting ADI on a stand-alone basis.\n\nSecuritisation deconsolidation principle\n\nExcept as otherwise specified in these instructions, the following applies:\n\n1.  Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that meets APRA’s operational requirements for regulatory capital relief under Prudential Standard APS 120 Securitisation (APS 120):\n\n(a) special purpose vehicles (SPVs) holding securitised assets may be treated as non-consolidated independent third parties for regulatory reporting purposes, irrespective of whether the SPVs (or their assets) are consolidated for accounting purposes;\n\n(b) the assets, liabilities, revenues and expenses of the relevant SPVs may be excluded from the ADI’s reported amounts in APRA’s regulatory reporting returns; and\n\n(c) the underlying exposures (i.e. the pool) under such a securitisation may be excluded from the calculation of the ADI’s regulatory capital (refer to APS 120). However, the ADI must still hold regulatory capital for the securitisation exposures[\\[3\\]](#_ftn3) that it retains or acquires and such exposures are to be reported in Reporting Form ARF 120.1 Securitisation – Regulatory Capital. The risk-weighted assets (RWA) relating to such securitisation exposures must also be reported in Reporting Form ARF 110.0.1 Capital Adequacy (Level 1) and Reporting Form ARF 110.0.2 Capital Adequacy (Level 2).\n\n2. Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that does not meet APRA’s operational requirements for regulatory capital relief under APS 120, or the ADI undertakes a funding-only securitisation or synthetic securitisation, such exposures are to be reported as on-balance sheet assets in APRA’s regulatory reporting returns. In addition, these exposures must also be reported as a part of the ADI’s total securitised assets within Reporting Form ARF 120.2 Securitisation – Supplementary Items.\n\nReporting period\n\nThe information provided in this form should be for the calendar month up to and including the last day of the reporting month. All ADIs should submit the completed form to APRA within 10 business days after the end of the relevant reporting month.\n\nUnit of measurement\n\nAmounts denominated in foreign currency are to be converted to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates (AASB 121).\n\nThe general requirements of AASB 121 for translation are:\n\n1.  foreign currency monetary items outstanding at the reporting date must be translated at the spot rate at the reporting date;[\\[4\\]](#_ftn4)\n2.  foreign currency non-monetary items that are measured at historical cost in a foreign currency must be translated using the exchange rate at the date of the transaction;[\\[5\\]](#_ftn5)\n3.  foreign currency non-monetary items that are measured at fair value will be translated at the exchange rate at the date when fair value was determined.\n\nTransactions arising under foreign currency derivative contracts at the reporting date must be prepared in accordance with AASB 139 Financial Instruments: Recognition and Measurement (AASB 139). However, those foreign currency derivatives that are not within the scope of AASB 139 (e.g. some foreign currency derivatives that are embedded in other contracts) remain within the scope of AASB 121.\n\nFor APRA purposes equity items must be translated using the foreign currency exchange rate at the date of investment or acquisition. Post\\-acquisition changes in equity are required to be translated on the date of the movement.\n\nAs foreign currency derivatives are measured at fair value, the currency derivative contracts are translated at the spot rate at the reporting date.\n\nExchange differences should be recognised in profit and loss in the period which they arise. For foreign currency derivatives, the exchange differences would be recognised immediately in profit and loss if the hedging instrument is a fair value hedge. For derivatives used in a cash flow hedge, the exchange differences should be recognised directly in equity.\n\nThe ineffective portion of the exchange differences in all hedges would be recognised in profit and loss; and\n\n4. translation of financial reports of foreign operations.\n\nA foreign operation is defined in AASB 121 as meaning an entity that is a subsidiary, associate, joint venture or branch of a reporting entity, the activities of which are based or conducted in a country or currency other than those of the reporting entity.\n\nExchange differences relating to foreign currency monetary items that form part of the net investment of an entity in a foreign operation, must be recognised as a separate component of equity.\n\nTranslation of financial reports should otherwise follow the requirements in AASB 121.\n\nBasis of preparation\n\nUnless otherwise specifically stated, information reported on this form should comply with Australian accounting standards.\n\nDefinitions\n\nA separate form for commercial finance in all eight states should be completed. Where the entity has no activity in any state, check the “nil form” box. The form requests details of new commitments to provide commercial finance to private and public enterprises and individuals. Only the Australian activities of the business should be included on the form. If exact figures are not available please provide careful estimates. Please note that the items listed under ‘Including’ and ‘Excluding’ are examples and should not be taken as a complete list of items to be included or excluded.\n\nWhat is a “commitment”?\n\nA commitment is a firm offer to provide finance which has been accepted by the client. A commitment generally exists once the loan application has been approved, and a loan contract or letter of offer has been issued to the borrower.\n\nInclude:\n\n-   commitments to related corporations except to those related corporations within the same Financial Sector (Collection of Data) Act 2001 category or Australian and New Zealand Standard Industrial Classification (ANZSIC) class[\\[6\\]](#_ftn6);\n-   commitments for hire purchase agreements for commercial finance;\n-   commitments for debt participation in leveraged lease agreements;\n-   commitments that involve or make provision for the issue of bills of exchange to be accepted, discounted or drawn by you;\n-   new commitments which have also been cancelled during the month;\n-   commitments for standby agreements; and\n-   commitments for revolving credit loans to individuals secured by mortgage (mortgage backed overdrafts) on residential properties where the stated purpose at application is as a commercial line of credit.\n\nExclude:\n\n-   commitments to non-residents;\n-   commitments for lease agreements (other than hire purchase agreements and debt participation in leveraged lease agreements), these should be reported on ARF 393.0 Lease Finance;\n-   deposits with financial institutions;\n-   the purchase of securities unless it involves a direct commitment to a client;\n-   bills of exchange and promissory notes purchased and held;\n-   commitments contingent on some specified eventuality (e.g. bill endorsement, guarantees, letter of credit) unless and until that eventuality occurs;\n-   commitments for discounts which exists as options under acceptance commitments; and\n-   commitments for personal investment loans – these should be reported on ARF 394.0 Personal Finance.\n\nWhat is a “dwelling”?\n\nA dwelling is a place of residence which is:\n\n-   contained in a building which is an immobile structure;\n-   private (i.e. not generally accessible to the public); and\n-   self contained (i.e. includes bathing and cooking facilities).\n\nHow to consolidate\n\n-   For corporations registered under the Financial Sector (Collection of Data) Act 2001, report consolidated figures for all related corporations within the same Registered Financial Corporation category.\n-   For other corporations, report consolidated figures for all related corporations within the same ANZSIC industry.\n\nSpecific instructions\n\nPart A: New commitments for fixed loans – By purpose\n\nThe purpose of the loan is that specified by the borrower. Multi-purpose loans should be split and each component reported in the appropriate purpose classification. Where this is not possible the whole loan should be classified to the major purpose.\n\nFixed loans generally involve a commitment for a fixed period for a specific purpose and repayments over that fixed period which reduce the loan, but do not make further finance available.\n\n1.  Construction finance\n\na) Erection of dwellings for rental/resale\n\nInclude:\n\n-   only dwellings that will be occupied by persons other than the owner(s).\n\nd) Erection of industrial buildings\n\nInclude:\n\n-   factories, automotive repair facilities etc.\n\ne) Erection of other non-residential buildings\n\nInclude:\n\n-   hotels, buildings for educational, religious, health, entertainment and recreational purposes.\n\nf) Erection of non-building structures\n\nInclude:\n\n-   roads, bridges, railways, harbours, telecommunication towers, dams, powerlines, pipelines, sewers.\n\ng) Alteration and/or additions\n\nInclude:\n\n-   all structural and non-structural changes to existing buildings.\n\nExclude:\n\n-   maintenance and repairs (include in Question 7); and\n-   improvements which do not involve building work (include in Question 7).\n\n2. Finance for the purchase of land and buildings\n\nInclude such things as are considered by law to be part of land (e.g. fencing).\n\na) Purchase of dwellings for rental/resale\n\nInclude:\n\n-   only dwellings that will be occupied by persons other than the owner(s).\n\nd) Purchase of industrial buildings\n\nInclude:\n\n-   factories, automotive repair facilities etc.\n\ne) Purchase of non-residential buildings\n\nInclude:\n\n-   hotels, buildings for educational, religious, health, entertainment and recreational purposes.\n\nf) Purchase of rural property\n\nInclude:\n\n-   all property used for agricultural or pastoral purposes.\n\ng) Other land purchases\n\nInclude:\n\n-   land not elsewhere included.\n\n3. Wholesale finance\n\nWholesale finance is finance for the purchase of goods by wholesalers and retailers.\n\nInclude:\n\n-   traders' stocks held under bailment or floorplan schemes.\n\n4. Purchase of plant and equipment\n\na) Motor vehicles\n\nInclude:\n\n-   cars, station wagons, utilities, trucks, ambulances and passenger vehicles such as buses.\n\nExclude:\n\n-   motorcycles, trailers, caravans, trains, boats and planes (include in ‘Other transport equipment’ below).\n\nb) Other transport equipment\n\nInclude:\n\n-   motorcycles, trailers, caravans, trains, boats and planes.\n\nc) Other plant and equipment\n\nInclude:\n\n-   construction and earthmoving equipments;\n-   agricultural machinery; and\n-   EDP and office equipment.\n\n6. Refinancing\n\nInclude:\n\n-   commitments where the principal purpose is to pay out (refinance) existing commercial loans.\n\n7. Other\n\nInclude:\n\n-   maintenance and repairs, and other improvements to property not involving building work.\n\n9. Of the new commitments for fixed loans (Question 1 to 7), how much was debt participation in leveraged leases\n\nThe amount of debt participation in leveraged leases should be included in fixed loans (Question 1 to 7).\n\nPart B: New commitments for revolving credit loans\n\nRevolving credit facilities involve a commitment for a credit or borrowing limit and where the extent of the borrowings used at any one time may be for any amount up to the authorised limit. Repayments (other than of charges and interest) reduce the borrowings thereby increasing the amount of unused credit available. For example, overdrafts limits (mortgage backed overdrafts).\n\nCancellations of, and reductions in previously approved credit limits\n\nInclude:\n\n-   the actual value of credit limits cancelled and the value by which existing credit limits were reduced during the month.\n\nExclude:\n\n-   amounts used as balancing or adjustment items (such as adjustments between states). These should be reported in Question 15; and\n-   repayments which reduce the used portion of the credit facility but not the total credit available. These should be excluded from the form altogether.\n\n14. Balancing item (+/-)\n\nIf the previous month's 'total credit limits available' (Q12 last month) plus (+) 'total new limits approved' (Q11) minus (-) 'cancellations' (Q14) does not equal the current month's 'total credit limits available' (Q12), please provide the amount and a reason for this discrepancy.\n\nPart C: New commitments – By industry\n\nIndustry is the business the client is mainly engaged in. The industry groupings are according to the ANZSIC. Include businesses that provide related or supporting services.\n\n17. Agriculture, forestry and fishing\n\nInclude:\n\n-   borrowers engaged in providing related services such as sheep shearing, aerial agricultural services, harvesting or forest protection.\n\n18. Mining\n\nInclude:\n\n-   borrowers engaged in mineral exploration, in the provision of services to mining or mineral exploration, and mining enterprises under development.\n\n19. Manufacturing\n\nInclude:\n\n-   borrowers engaged in manufacturing products, where 'manufacturing is related to the physical or chemical transformation of materials or components into new products'.\n\n20. Construction\n\nInclude:\n\n-   borrowers engaged in special trade construction such as plumbing, earthmoving and dredging, painting etc.\n\n21. Wholesale trade\n\nInclude:\n\n-   borrowers engaged in the resale of new or used goods to businesses or to institutional (including Government) users.\n\n22. Retail trade\n\nInclude:\n\n-   borrowers engaged in the resale of goods to final consumers for personal or household consumption; and\n-   borrowers engaged in the reselling their own goods by auction.\n\n23. Transport and storage\n\nInclude:\n\n-   borrowers engaged in providing terminal and storage facilities; services related to transport; booking, travel, forwarding, materials handling etc.\n\n24. Finance and insurance\n\nInclude:\n\n-   borrowers engaged in the provision of finance, investments in financial assets and in providing services to lenders, borrowers and investors; and\n-   borrowers engaged in the provision of insurance and superannuation, and in providing services to insurers.\n\n25. Property and business services\n\nInclude:\n\n-   borrowers engaged in valuing, purchasing, selling, renting, leasing or managing real estate;\n-   borrowers engaged in developing or subdividing land;\n-   borrowers engaged in scientific research and meteorological services;\n-   borrowers engaged in providing technical, legal, accounting and other business services; and\n-   borrowers engaged in renting and hiring equipment (except cars, trucks, and other transport equipment).\n\n26. Cultural, recreational, personal and other services\n\nInclude:\n\n-   borrowers engaged in providing entertainment, recreational, library, museum, accommodation, and catering services;\n-   borrowers engaged in personal services such as laundries, hairdressing, photography, funerals;\n-   private households employing staff; and\n-   borrowers engaged in the provision of public order and safety services (such as police, prison and fire-brigade).\n\n27. Government administration and defense\n\nInclude:\n\n-   borrowers engaged in Federal, State and Local government enterprises engaged in public administration and regulatory activities;\n-   judicial authorities and commissions; and\n-   Army, Navy and Air Force establishments.\n\n28. Health and community services\n\nInclude:\n\n-   borrowers engaged in providing health, welfare and employment services; and\n-   certain non-profit organisations such as religious organisations, business, professional and labour organisations, and political parties and associations formed to promote community or sectional aims.\n\n29. Other industries\n\nInclude:\n\n-   borrowers not elsewhere classified, such as those involved in the production or distribution of gas or electricity, the storage or supply of water, and the provision of education and communication services.\n\n30. Total\n\nThe total equals the sum of questions 16 to 28. The total of fixed loans in Question 30 should equal the total of fixed loans in Question 8. The total of revolving credit in Question 30 should equal the total of new revolving credit in Question 11.\n\nPart D: Comments\n\n31. Please provide comments\n\n-   on any of the information you have supplied on this form;\n-   on any questions which caused problems; and\n-   if you would like to suggest improvements to this form.","sortOrder":27}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":2355},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"This is the original 2018 determination establishing the reporting standard. The scope aligns with the original intent to collect granular commercial finance data by state and industry from all ADIs."},"complexity_factors":["Requires completion of eight separate state/territory-specific forms","Dual reporting bases: 'domestic books' for major banks vs 'licensed ADI' for smaller institutions","17 defined terms in the interpretation section cross-referencing multiple Acts","Technical accounting standard references (AASB 121, AASB 139) for foreign currency conversion","Detailed inclusions and exclusions for defining a 'commitment' across 15+ categories","Industry classification requirements using ANZSIC codes","Complex securitisation deconsolidation rules with conditional exclusions"],"plain_english_summary":"This Standard requires all authorised deposit-taking institutions (banks, building societies, credit unions and foreign bank branches) to submit monthly, digitally signed reports to APRA detailing their business lending and finance exposures across purposes, industries and revolving facilities.  \n\nThe data improves APRA’s supervision of individual institutions and system-wide risks and supports economic statistics used by the RBA and ABS to track business credit trends."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-31-of-2018/documents"}}