{"id":"F2008L00456","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 33 of 2008 - ARS 320.3 - Debt Securities on Issue","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":119213,"registerId":"commonwealth-F2008L00456-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard ARS 320.3","sectionType":"part","heading":"Reporting Standard ARS 320.3","content":"## ![](image.001.png)\n\n## Reporting Standard ARS 320.3\n\n# Debt Securities on Issue\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 debt securities on issue. It should be read in conjunction with Form ARF 320.3 Debt Securities on Issue and the associated instructions (both of which are attached and form part of this reporting standard).\n\n# Purpose\n\n1.  Data collected in Form ARF 320.3 Debt Securities on Issue (Form ARF 320.3) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.\n\n# Application\n\n2. 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                          | No         |\n| Credit Union                              | No         |\n| Specialist Credit Card Institution (SCCI) | No         |\n| Other ADI                                 | Yes        |\n\n# Information required\n\n3. An ADI to which this reporting standard applies must provide APRA with the information required by Form ARF 320.3 for each reporting period.\n\n# Form and method of submission\n\n4. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.\n\n# Reporting periods and due dates\n\n5. Subject to paragraph 6, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n6. 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 Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n7. The information required by this reporting standard must be provided to APRA by 20 business days after the end of the reporting period to which it relates.\n\n8. 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# Authorisation\n\n9. 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. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n10. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.\n\n# Minor alterations to forms and instructions\n\n11. 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\n12. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.\n\n# Transitional\n\n13. 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 in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which 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 the overdue reporting documents in accordance with the old reporting standard.\n\n# Interpretation\n\n14. In this reporting standard:\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, but does not include a SCCI that is a foreign ADI.\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;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\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 7 or, if applicable, paragraph 8.\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, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6.\n\nspecialist credit card institution 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 the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\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).","sortOrder":0},{"sectionNumber":"Debt Securities on Issue","sectionType":"part","heading":"Debt Securities on Issue","content":"# Debt Securities on Issue\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 debt securities on issue. It should be read in conjunction with Form ARF 320.3 Debt Securities on Issue and the associated instructions (both of which are attached and form part of this reporting standard).\n\n# Purpose\n\n1.  Data collected in Form ARF 320.3 Debt Securities on Issue (Form ARF 320.3) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.\n\n# Application\n\n2. 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                          | No         |\n| Credit Union                              | No         |\n| Specialist Credit Card Institution (SCCI) | No         |\n| Other ADI                                 | Yes        |\n\n# Information required\n\n3. An ADI to which this reporting standard applies must provide APRA with the information required by Form ARF 320.3 for each reporting period.\n\n# Form and method of submission\n\n4. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.\n\n# Reporting periods and due dates\n\n5. Subject to paragraph 6, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n6. 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 Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n7. The information required by this reporting standard must be provided to APRA by 20 business days after the end of the reporting period to which it relates.\n\n8. 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# Authorisation\n\n9. 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. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n10. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.\n\n# Minor alterations to forms and instructions\n\n11. 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\n12. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.\n\n# Transitional\n\n13. 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 in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which 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 the overdue reporting documents in accordance with the old reporting standard.\n\n# Interpretation\n\n14. In this reporting standard:\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, but does not include a SCCI that is a foreign ADI.\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;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\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 7 or, if applicable, paragraph 8.\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, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6.\n\nspecialist credit card institution 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 the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\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).","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 debt securities on issue. It should be read in conjunction with Form ARF 320.3 Debt Securities on Issue and the associated instructions (both of which are attached and form part of this reporting standard).","sortOrder":2},{"sectionNumber":"Purpose","sectionType":"part","heading":"Purpose","content":"# Purpose\n\n1.  Data collected in Form ARF 320.3 Debt Securities on Issue (Form ARF 320.3) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.","sortOrder":3},{"sectionNumber":"Application","sectionType":"part","heading":"Application","content":"# Application\n\n2. 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                          | No         |\n| Credit Union                              | No         |\n| Specialist Credit Card Institution (SCCI) | No         |\n| Other ADI                                 | Yes        |\n\n# Information required\n\n3. An ADI to which this reporting standard applies must provide APRA with the information required by Form ARF 320.3 for each reporting period.\n\n# Form and method of submission\n\n4. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.\n\n# Reporting periods and due dates\n\n5. Subject to paragraph 6, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n6. 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 Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n7. The information required by this reporting standard must be provided to APRA by 20 business days after the end of the reporting period to which it relates.\n\n8. 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# Authorisation\n\n9. 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. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n10. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.\n\n# Minor alterations to forms and instructions\n\n11. 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\n12. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.\n\n# Transitional\n\n13. 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 in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which 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 the overdue reporting documents in accordance with the old reporting standard.\n\n# Interpretation\n\n14. In this reporting standard:\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, but does not include a SCCI that is a foreign ADI.\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;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\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 7 or, if applicable, paragraph 8.\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, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6.\n\nspecialist credit card institution 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 the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\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).","sortOrder":4},{"sectionNumber":"Class of ADI","sectionType":"part","heading":"Class of ADI","content":"# Class of ADI","sortOrder":5},{"sectionNumber":"Applicable","sectionType":"part","heading":"Applicable","content":"# Applicable","sortOrder":6},{"sectionNumber":"Australian-owned Bank","sectionType":"part","heading":"Australian-owned Bank","content":"# Australian-owned Bank","sortOrder":7},{"sectionNumber":"Yes","sectionType":"part","heading":"Yes","content":"# Yes","sortOrder":8},{"sectionNumber":"Foreign Subsidiary Bank","sectionType":"part","heading":"Foreign Subsidiary Bank","content":"# Foreign Subsidiary Bank","sortOrder":9},{"sectionNumber":"Branch of a Foreign Bank","sectionType":"part","heading":"Branch of a Foreign Bank","content":"# Branch of a Foreign Bank","sortOrder":11},{"sectionNumber":"Building Society","sectionType":"part","heading":"Building Society","content":"# Building Society","sortOrder":13},{"sectionNumber":"No","sectionType":"part","heading":"No","content":"# No","sortOrder":14},{"sectionNumber":"Credit Union","sectionType":"part","heading":"Credit Union","content":"# Credit Union","sortOrder":15},{"sectionNumber":"Specialist Credit Card Institution (SCCI","sectionType":"part","heading":"Specialist Credit Card Institution (SCCI)","content":"# Specialist Credit Card Institution (SCCI)","sortOrder":17},{"sectionNumber":"Other ADI","sectionType":"part","heading":"Other ADI","content":"# Other ADI","sortOrder":19},{"sectionNumber":"Information required","sectionType":"part","heading":"Information required","content":"# Information required\n\n3. An ADI to which this reporting standard applies must provide APRA with the information required by Form ARF 320.3 for each reporting period.","sortOrder":21},{"sectionNumber":"Form and method of submission","sectionType":"part","heading":"Form and method of submission","content":"# Form and method of submission\n\n4. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.","sortOrder":22},{"sectionNumber":"Reporting periods and due dates","sectionType":"part","heading":"Reporting periods and due dates","content":"# Reporting periods and due dates\n\n5. Subject to paragraph 6, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n6. 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 Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n7. The information required by this reporting standard must be provided to APRA by 20 business days after the end of the reporting period to which it relates.\n\n8. 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":23},{"sectionNumber":"Authorisation","sectionType":"part","heading":"Authorisation","content":"# Authorisation\n\n9. 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. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n10. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.","sortOrder":24},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"part","heading":"Minor alterations to forms and instructions","content":"# Minor alterations to forms and instructions\n\n11. 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\n12. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.","sortOrder":25},{"sectionNumber":"Transitional","sectionType":"part","heading":"Transitional","content":"# Transitional\n\n13. 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 in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which 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 the overdue reporting documents in accordance with the old reporting standard.","sortOrder":26},{"sectionNumber":"Interpretation","sectionType":"part","heading":"Interpretation","content":"# Interpretation\n\n14. In this reporting standard:\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, but does not include a SCCI that is a foreign ADI.\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;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\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 7 or, if applicable, paragraph 8.\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, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6.\n\nspecialist credit card institution 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 the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\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).","sortOrder":27},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"Reporting Form ARF 320.3\n\nDebt Securities on Issue\n\n## Instruction Guide\n\n#### General directions and notes\n\nReporting entity\n\nThis form is to be completed by all Australian-owned banks and foreign subsidiary banks, branches of foreign banks and other authorised deposit-taking institutions (ADIs) on a Domestic books basis.\n\nThe Domestic books of Australian-owned banks and foreign subsidiary banks, branches of foreign banks and other ADIs relates to the Australian books of the Australian 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\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[\\[1\\]](#_ftn1) that it retains or acquires and such exposures are to be reported in Form ARF 120.0 Standardised – Securitisation or Forms ARF 120.1A to ARF 120.1C IRB – Securitisation (as appropriate). The RWA relating to such securitisation exposures must also be reported in Form ARF 110.0 Capital Adequacy (ARF 110.0).\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 elects to treat the securitised assets as on-balance sheet assets 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, 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 Form ARF 120.2 Securitisation – Supplementary Items.\n\nReporting period\n\nThe form is to be completed as at the last day of the stated reporting quarter. Australian-owned banks, foreign subsidiary banks, branches of foreign banks and other ADIs should submit the completed form to APRA within 20 business days after the end of the relevant reporting quarter.\n\nUnit of measurement\n\nAustralian-owned banks, foreign subsidiary banks and branches of foreign banks are asked to complete the form in millions of Australian dollars rounded to one decimal place. Other ADIs are asked to complete the form in whole Australian dollars (no decimal place).\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;[\\[2\\]](#_ftn2)\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;[\\[3\\]](#_ftn3)\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\n-   Exchange 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-   Translation of financial reports should otherwise follow the requirements in AASB 121.\n\nTiming\n\nReport assets and liabilities as at the date of change of ownership.\n\nNetting\n\nUnless otherwise specifically stated, institutions are to comply with the prerequisite for netting outlined in Australian accounting standards AASB 139, AASB 132 Financial Instruments: Disclosure and Presentation and AASB 7 Financial Instruments: Disclosures and any relevant prudential standards.\n\nTerm to maturity\n\nReferences to term to maturity in this form are references to original term to maturity. Note that this approach differs from the treatment of debt securities (liabilities) on ARF 320.0 Statement of Financial Position (Domestic Books) (ARF 320.0), which requires data on a residual maturity basis. This difference arises because the standards underlying this form are based on international statistical standards rather than accounting standards.\n\nValuation and currency conversion\n\nClosing balances should be reported at market price effective at the reference date. Where denominated in foreign currency, market values in foreign currency should be converted to AUD at the spot rate effective as at the reference date.\n\nFor debt securities, the market price is the traded price quoted on the reference date. If the traded price does not take account of interest accrued up to the ex-coupon date but not yet payable, this interest accrued should be included. If the traded price is not available, other methods of approximation include (in order of preference):\n\n-   using a market rate of interest (yield to maturity), the net present value of the expected stream of future payments associated with the securities;\n-   for unlisted securities, the price used to value securities for accounting or regulatory purposes;\n-   for discount, deep discount or zero coupon securities, the issue price plus amortisation of the discount; or\n-   other mark to market method.\n\nBasis of preparation\n\nUnless otherwise specifically stated, institutions are to comply with Australian accounting standards regarding the measurement of asset, liability and equity items\n\nDomicility\n\nReferences to \"issued in Australia\" are references to the domicility of the debt instruments used to raise funds in the domestic market. These instruments can be denominated in either AUD or some foreign currency such as USD.\n\nReferences to \"issued overseas\" or \"offshore\" are references to the domicility of the debt instruments used to raise funds in countries other than Australia. These instruments can be denominated in either AUD or some foreign currency such as USD. Euro issues should be included in \"overseas\".\n\n### Specific instructions\n\nShort term debt securities\n\nReport all debt securities issued with an original term to maturity less than or equal to 1 year at market value. Report separately the amount of debt securities denominated in AUD and other currencies, and amounts issued in Australia and overseas.\n\nInclude:\n\n-   bills of exchange issued by the bank;\n-   certificates of deposits issued by this bank with an original term to maturity of 1 year or less;\n-   commercial paper issued by this bank with an original term to maturity of 1 year or less; and\n-   other one-name paper with an original term to maturity less than or equal to 1 year.\n\n# Long term debt securities\n\nReport all debt securities issued with an original term to maturity of more than 1 year at market value. Report separately the amount of debt securities denominated in AUD and other currencies, and amounts issued in Australia and overseas.\n\nInclude:\n\n-   certificates of deposit with an original term to maturity of more than 1 year;\n-   medium term notes, bonds, debentures and unsecured notes;\n-   inflation-indexed bonds;\n-   floating rate notes and other floating-rate debt securities;\n-   subordinated bonds and notes;\n-   Euro medium term notes, Euro notes and Euro bonds;\n-   convertible notes prior to conversion; and\n-   other long-term debt securities issued with an original term to maturity of more than 1 year.\n\nExclude:\n\n-   options, swaps, rights, warrants and other financial derivatives in a net liability position.\n\n## Reconciliation with ARF 320.0\n\nTotal debt securities issued (market value)\n\nThe sum of:\n\n-   short-term debt securities issued in Australia (ARF 320.3 Debt Securities Issued) (ARF 320.3); and\n-   long-term debt securities issued in Australia (ARF 320.3)\n\nequals\n\nthe sum of:\n\n-   certificates of deposit (ARF 320.0);\n-   other borrowings - promissory notes/commercial paper (ARF 320.0);\n-   other borrowings - other short-term debt securities (ARF 320.0);\n-   bonds, notes and long-term borrowings - debt securities (ARF 320.0); and\n-   loan capital and hybrid securities (excluding subordinated loans) (ARF 320.0).","sortOrder":28},{"sectionNumber":"General directions and notes","sectionType":"subdivision","heading":"General directions and notes","content":"#### General directions and notes\n\nReporting entity\n\nThis form is to be completed by all Australian-owned banks and foreign subsidiary banks, branches of foreign banks and other authorised deposit-taking institutions (ADIs) on a Domestic books basis.\n\nThe Domestic books of Australian-owned banks and foreign subsidiary banks, branches of foreign banks and other ADIs relates to the Australian books of the Australian 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\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[\\[1\\]](#_ftn1) that it retains or acquires and such exposures are to be reported in Form ARF 120.0 Standardised – Securitisation or Forms ARF 120.1A to ARF 120.1C IRB – Securitisation (as appropriate). The RWA relating to such securitisation exposures must also be reported in Form ARF 110.0 Capital Adequacy (ARF 110.0).\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 elects to treat the securitised assets as on-balance sheet assets 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, 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 Form ARF 120.2 Securitisation – Supplementary Items.\n\nReporting period\n\nThe form is to be completed as at the last day of the stated reporting quarter. Australian-owned banks, foreign subsidiary banks, branches of foreign banks and other ADIs should submit the completed form to APRA within 20 business days after the end of the relevant reporting quarter.\n\nUnit of measurement\n\nAustralian-owned banks, foreign subsidiary banks and branches of foreign banks are asked to complete the form in millions of Australian dollars rounded to one decimal place. Other ADIs are asked to complete the form in whole Australian dollars (no decimal place).\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;[\\[2\\]](#_ftn2)\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;[\\[3\\]](#_ftn3)\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\n-   Exchange 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-   Translation of financial reports should otherwise follow the requirements in AASB 121.\n\nTiming\n\nReport assets and liabilities as at the date of change of ownership.\n\nNetting\n\nUnless otherwise specifically stated, institutions are to comply with the prerequisite for netting outlined in Australian accounting standards AASB 139, AASB 132 Financial Instruments: Disclosure and Presentation and AASB 7 Financial Instruments: Disclosures and any relevant prudential standards.\n\nTerm to maturity\n\nReferences to term to maturity in this form are references to original term to maturity. Note that this approach differs from the treatment of debt securities (liabilities) on ARF 320.0 Statement of Financial Position (Domestic Books) (ARF 320.0), which requires data on a residual maturity basis. This difference arises because the standards underlying this form are based on international statistical standards rather than accounting standards.\n\nValuation and currency conversion\n\nClosing balances should be reported at market price effective at the reference date. Where denominated in foreign currency, market values in foreign currency should be converted to AUD at the spot rate effective as at the reference date.\n\nFor debt securities, the market price is the traded price quoted on the reference date. If the traded price does not take account of interest accrued up to the ex-coupon date but not yet payable, this interest accrued should be included. If the traded price is not available, other methods of approximation include (in order of preference):\n\n-   using a market rate of interest (yield to maturity), the net present value of the expected stream of future payments associated with the securities;\n-   for unlisted securities, the price used to value securities for accounting or regulatory purposes;\n-   for discount, deep discount or zero coupon securities, the issue price plus amortisation of the discount; or\n-   other mark to market method.\n\nBasis of preparation\n\nUnless otherwise specifically stated, institutions are to comply with Australian accounting standards regarding the measurement of asset, liability and equity items\n\nDomicility\n\nReferences to \"issued in Australia\" are references to the domicility of the debt instruments used to raise funds in the domestic market. These instruments can be denominated in either AUD or some foreign currency such as USD.\n\nReferences to \"issued overseas\" or \"offshore\" are references to the domicility of the debt instruments used to raise funds in countries other than Australia. These instruments can be denominated in either AUD or some foreign currency such as USD. Euro issues should be included in \"overseas\".","sortOrder":29},{"sectionNumber":"Specific instructions","sectionType":"division","heading":"Specific instructions","content":"### Specific instructions\n\nShort term debt securities\n\nReport all debt securities issued with an original term to maturity less than or equal to 1 year at market value. Report separately the amount of debt securities denominated in AUD and other currencies, and amounts issued in Australia and overseas.\n\nInclude:\n\n-   bills of exchange issued by the bank;\n-   certificates of deposits issued by this bank with an original term to maturity of 1 year or less;\n-   commercial paper issued by this bank with an original term to maturity of 1 year or less; and\n-   other one-name paper with an original term to maturity less than or equal to 1 year.","sortOrder":30},{"sectionNumber":"Long term debt securities","sectionType":"part","heading":"Long term debt securities","content":"# Long term debt securities\n\nReport all debt securities issued with an original term to maturity of more than 1 year at market value. Report separately the amount of debt securities denominated in AUD and other currencies, and amounts issued in Australia and overseas.\n\nInclude:\n\n-   certificates of deposit with an original term to maturity of more than 1 year;\n-   medium term notes, bonds, debentures and unsecured notes;\n-   inflation-indexed bonds;\n-   floating rate notes and other floating-rate debt securities;\n-   subordinated bonds and notes;\n-   Euro medium term notes, Euro notes and Euro bonds;\n-   convertible notes prior to conversion; and\n-   other long-term debt securities issued with an original term to maturity of more than 1 year.\n\nExclude:\n\n-   options, swaps, rights, warrants and other financial derivatives in a net liability position.","sortOrder":31},{"sectionNumber":"Reconciliation with ARF 320.0","sectionType":"part","heading":"Reconciliation with ARF 320.0","content":"## Reconciliation with ARF 320.0\n\nTotal debt securities issued (market value)\n\nThe sum of:\n\n-   short-term debt securities issued in Australia (ARF 320.3 Debt Securities Issued) (ARF 320.3); and\n-   long-term debt securities issued in Australia (ARF 320.3)\n\nequals\n\nthe sum of:\n\n-   certificates of deposit (ARF 320.0);\n-   other borrowings - promissory notes/commercial paper (ARF 320.0);\n-   other borrowings - other short-term debt securities (ARF 320.0);\n-   bonds, notes and long-term borrowings - debt securities (ARF 320.0); and\n-   loan capital and hybrid securities (excluding subordinated loans) (ARF 320.0).","sortOrder":32}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":3135},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The instrument remains focused on its original purpose of mandating quarterly reporting of debt securities data from specified ADI classes. While it incorporates detailed technical instructions for form completion, securitisation treatment, and accounting standards alignment, these provisions support the core data collection objective without expanding beyond prudential supervision into substantive banking regulation."},"complexity_factors":["15 defined terms in the interpretation section, including complex nested definitions like 'stake' referencing the Financial Sector (Shareholdings) Act 1998 with specific associate limitations","Cross-references to 5+ other statutes (Banking Act 1959, Corporations Act 2001, Payment Systems Regulation Act 1998, etc.) and multiple AASB accounting standards (AASB 121, AASB 139, AASB 132)","Tiered application matrix with different rules for 7 classes of ADIs, including specific exemptions for building societies and credit unions","Technical valuation requirements requiring mark-to-market methodology, foreign currency spot rate conversion, and securitisation deconsolidation principles with conditional on/off balance sheet treatment","Dual measurement units requiring different rounding precision based on institution size (millions vs. whole dollars)","Reconciliation requirements mandating data consistency with separate form ARF 320.0","Transitional provisions creating parallel reporting obligations under old and new standards during changeover periods"],"plain_english_summary":"This APRA reporting standard requires Australian-incorporated banks, foreign subsidiary banks, and foreign bank branches (excluding building societies, credit unions and specialist card issuers) to lodge quarterly Form ARF 320.3 detailing debt securities on issue (short- and long-term), by currency and issuance location. Submissions must be electronic via D2A, digitally signed and reported at market value. The data supports APRA’s oversight of funding, liquidity and systemic stability."},"flash_summary":{"complexity_score":4,"scope_assessment":{"changed":false,"description":"The instrument itself does not state any expansion or narrowing of the classes of ADIs required to report; paragraph 13 preserves reporting under the prior standard for transitional periods and paragraph 2 lists the ADI classes covered. No explicit change to reporting scope is indicated within this text."},"complexity_factors":["Selective applicability across ADI classes (which entities must report vs those excluded) creates scope boundaries that reporters must verify (para 2; Interpretation).","APRA discretion to change reporting frequency for particular ADIs introduces case‑by‑case obligations and compliance uncertainty (paras 5–6).","Electronic submission and APRA‑issued digital certificates impose IT, authentication and encryption requirements on ADIs (para 4; para 10).","Fixed timing (20 business days) with possibility of individually granted written extensions affects operational deadlines and resource planning (paras 7–8).","Detailed valuation, currency translation and measurement rules reference Australian accounting standards (Instruction Guide: Valuation and currency conversion; Unit of measurement; AASB 121/AASB 139 references), adding technical accounting complexity.","Securitisation deconsolidation rules affect which SPVs and exposures are included or excluded from reporting, requiring coordination with capital reporting (Instruction Guide: Securitisation deconsolidation principle).","APRA power to make minor, non‑substantive changes to forms/instructions (with notification) creates the need for ongoing monitoring of form logic without substantive rule changes (paras 11–12).","Reconciliation requirements with ARF 320.0 and the differing treatment of original vs residual maturity require cross‑return controls (Reconciliation with ARF 320.0; Term to maturity note).","Governance responsibility placed on ADI boards and senior management for internal review and authorisation increases compliance and sign‑off burden (para 9)."],"plain_english_summary":"This instrument requires specified authorised deposit‑taking institutions (Australian‑owned banks, foreign subsidiary banks, branches of foreign banks and other ADIs) to submit Form ARF 320.3 — a quarterly electronic return to APRA listing debt securities on issue — via APRA’s Direct to APRA system and digitally authorised by an officer. APRA says it will use the data for prudential supervision and may share it with the RBA and ABS; APRA can also vary reporting frequency, grant extensions, or make minor non‑substantive form/instruction changes."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-33-of-2008-ars-320-3-debt-se/documents"}}