{"id":"F2019L00089","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 4 of 2019","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":98711,"registerId":"commonwealth-F2019L00089-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 4 of 2019","content":"![](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 4 of 2019\n\nReporting Standard ARS 720.2 ABS/RBA Deposits\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Alison Bliss, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) DETERMINE Reporting Standard ARS 720.2 ABS/RBA Deposits, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 4 of the reporting standard.\n\nUnder section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities on 8 February 2019.\n\nThis instrument commences on 8 February 2019.\n\nDated: 1 February 2019\n\nAlison Bliss\n\nGeneral Manager\n\nData Analytics Division\n\nInterpretation\n\nIn this Determination:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nfinancial sector entity has the meaning given by section 5 of the Act.\n\nSchedule\n\nReporting Standard ARS 720.2 ABS/RBA Deposits comprises the document commencing on the following page.\n\n![](image.002.png)\n\nReporting Standard ARS 720.2\n\nABS/RBA Deposits\n\nObjective of this Reporting Standard\n\nThis Reporting Standard outlines the requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s or registered financial corporation’s deposits.\n\nIt includes Reporting Form ARF 720.2A ABS/RBA Deposits (Standard) and Reporting Form ARF 720.2B ABS/RBA Deposits (Reduced) and the associated specific instructions.\n\nAuthority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\nPurpose\n\n2. Information collected by Reporting Form ARF 720.2A ABS/RBA Deposits (Standard) (ARF 720.2A) and Reporting Form ARF 720.2B ABS/RBA Deposits (Reduced) (ARF 720.2B) is used by the ABS and RBA for various purposes, including the compilation of Australia’s National Accounts and the calculation of the monetary aggregates. This information may also be used by APRA for prudential and publication purposes.\n\n3. This Reporting Standard is an Economic and Financial Statistics (EFS) Reporting Standard for the purposes of Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0).\n\nApplication and commencement\n\n4. This Reporting Standard applies to an authorised deposit-taking institution (ADI) or registered financial corporation (RFC) as set out in the table below, where ‘total assets’ are measured by the value reported in item 13 (column 1) on Reporting Form ARF 720.0A/B ABS/RBA Statement of Financial Position (Standard)/(Reduced) (ARF 720.0A/B) or the value reported in item 11 (column 1) on Reporting Form ARF 323.0 Statement of Financial Position (Licensed ADI) (ARF 323.0) as at 31 December of the prior calendar year.\n\n \n\n| Class of financial institution | ARF 720.2A | ARF 720.2B |\n| ------------------------------ | ---------- | --------------------------- |\n| ADI Reporting Category A | No | Yes if total assets ≥ $200m |\n| ADI Reporting Category B | Yes[1] | No |\n| RFCs | No | Yes if total assets ≥ $50m |\n\n5. APRA may from time to time determine that a threshold, or a higher threshold than that specified in paragraph 4 of this Reporting Standard, will apply to a particular ADI or RFC. If APRA does so it will notify the ADI or RFC concerned in writing.\n\n6. This Reporting Standard applies for reporting periods ending on or after 31 March 2019.\n\nInformation required\n\n7. An ADI or RFC to which this Reporting Standard applies must provide APRA with the information required by this Reporting Standard for each reporting period on a domestic books consolidation.\n\nMethod of submission\n\n8. The information required by this Reporting Standard must be given to APRA in electronic format, using the ‘Direct to APRA’ application or by a method (i.e. a web-based solution) notified by APRA, in writing, prior to submission.\n\nNote: the Direct to APRA application software (also known as D2A) may be obtained from APRA.\n\nReporting periods and due dates\n\n9. The information required by this Reporting Standard must be provided by an ADI or RFC to which this Reporting Standard applies under paragraphs 4 or 5, where ‘total assets’ are measured by the value reported in item 13 (column 1) on ARF 720.0A/B or the value reported in item 11 (column 1) on ARF 323.0 as at 31 December of the prior calendar year:\n\n(a) in respect of each calendar month by an ADI in ADI Reporting Category B, an ADI in ADI Reporting Category A with total assets ≥ $200 million and by an RFC with total assets ≥ $400 million; and\n\n(b) in respect of each calendar month ended 31 December by an RFC with total assets < $400 million.\n\n10. The information required by this Reporting Standard must be provided to APRA within 10 business days after the end of the reporting period to which the information relates.\n\n11. APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI or RFC, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:\n\n(a) the particular circumstances of the ADI or RFC; and\n\n(b) the extent to which the information is required for the purposes of the ABS or RBA.\n\n12. APRA may grant an ADI or RFC an extension of a due date, in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.\n\nQuality control\n\n13. All information provided by an ADI or RFC under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI or RFC as set out in Prudential Standard APS 310 Audit and Related Matters for ADIs or Reporting Standard RRS 710.0 ABS/RBA Audit Requirements for Registered Financial Corporations for RFCs. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if required by the external auditor to enable the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI or RFC under this Reporting Standard.\n\n14. All information provided by an ADI or RFC under this Reporting Standard must be subject to systems, processes and controls developed by the ADI or RFC for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.\n\nAuthorisation\n\n15. When an officer or agent of an ADI or RFC submits information under this Reporting Standard and uses the D2A application, or other method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate or other digital identity credential acceptable to APRA.\n\nMinor alterations to forms and instructions\n\n16. 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\nwithout changing any substantive requirement in the form or instructions.\n\n17. If APRA makes such a variation it must notify in writing each ADI or RFC that is required to report under this Reporting Standard.\n\nInterpretation\n\n18. Terms that are defined in ARS 701.1 appear in bold and italics in this Reporting Standard.\n\n19. In this Reporting Standard:\n\ndue date means the last day of the 10 business days provided for in paragraph 10 or, if applicable, the date on a notice of extension given under paragraph 12.\n\nreporting period means a month of a year as provided for in paragraph 9 or, if applicable, the date on a notice given under paragraph 11.\n\n20. Unless the contrary intention appears, any reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n| ARF_720_2A: ABS/RBA Deposits (Standard) |\n| --------------------------------------- |\n\n| Australian Business Number | Institution Name |\n| -------------------------- | ---------------- |\n| | |\n| Reporting Period | Scale Factor |\n| Monthly | |\n| Reporting Consolidation | |\n| Domestic | |\n\n```html\n

Transaction

Non-transaction

Total

of which: Denominated in FX (AUD equivalent)

Fixed-term deposits

of which: Denominated in FX (AUD equivalent)

Other non-transaction deposits

of which: Denominated in FX (AUD equivalent)

Total deposits

(1)

(2)

(3)

(4)

(5)

(6)

(7)

  1. Total deposits

1.1. Resident deposits

1.1.1. Households

1.1.1.1. of which: Housing loan offset accounts

1.1.1.2. of which: Retirement savings accounts

1.1.1.3. of which: Non-interest-bearing

1.1.2. Community service organisations

1.1.3. Non-financial businesses

1.1.3.1. Private non-financial investment funds

1.1.3.2. Other private non-financial corporations

1.1.3.3. Private unincorporated businesses

1.1.3.4. State, territory and local government non-financial corporations

1.1.3.5. Commonwealth Government non-financial corporations

1.1.4. General government

1.1.4.1. State, territory and local general government

1.1.4.2. Commonwealth general government

1.1.5. Financial institutions

1.1.5.1. RBA

1.1.5.2. ADIs

1.1.5.3. Registered financial corporations

1.1.5.4. Central borrowing authorities

1.1.5.5. Life insurance corporations

1.1.5.6. Other insurance corporations

1.1.5.7. Self-managed superannuation funds

1.1.5.8. Other superannuation funds

1.1.5.9. Financial auxiliaries

1.1.5.9.1. of which: Clearing houses and central counterparties

1.1.5.10. Securitisers

1.1.5.11. Money-market investment funds

1.1.5.12. Non-money-market financial investment funds

1.1.5.13. Financial institutions n.e.c.

1.2. Non-resident deposits

1.2.1. of which: Clearing houses and central counterparties

\n```\n\nReporting Form ARF 720.2A\n\nABS/RBA Deposits (Standard)\n\nInstructions\n\nThese instructions assist completion of Reporting Form ARF 720.2A ABS/RBA Deposits (Standard) (ARF 720.2A). ARF 720.2A collects information relating to deposits.\n\nInformation reported in ARF 720.2A is required primarily for purposes of the ABS and the RBA. Items on ARF 720.2A are required for various purposes, including the compilation of Australia’s National Accounts and the calculation of the monetary aggregates. Information reported in ARF 720.2A may also be used by APRA for prudential and publication purposes.\n\nReporting level\n\nARF 720.2A must be completed by each ADI to which this Reporting Standard applies under paragraph 4 or 5.\n\nReporting basis and unit of measurement\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\nItems on ARF 720.2A must be reported as at the end of the reporting period.\n\nFor reporting purposes, unless specified otherwise, enter data as a positive number.\n\nCounterparties\n\nExclude deposits by related parties (intra-group deposits). Detail on intra-group deposits is reported on Reporting Form ARF 720.3 ABS/RBA Intra-group Assets and Liabilities (ARF 720.3).\n\nData for residents and non-residents are collected separately. Note that this treatment differs from Reporting Form ARF 720.0A/B Statement of Financial Position (Standard) (ARF 720.0A), where deposits by non-residents are not separately identified.\n\nValues\n\nReport all items on the ARF 720.2A in accordance with Australian Accounting Standards unless otherwise specified.\n\nReport monetary amounts on ARF 720.2A in Australian dollars or the Australian dollar equivalent of the foreign currency. Convert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates (AASB 121).\n\nReport items on ARF 720.2A in whole dollars.\n\nStandard Business Reporting (SBR)\n\nReport items on ARF 720.2A with accounting type of credit (liabilities). The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting treatment of the item collected.\n\nSpecific instructions\n\nTerms highlighted in bold italics are defined in ARS 701.0.\n\nAll derived fields in the form are shaded in grey and are explained in words as a mathematical expression in these instructions.\n\nExamples included under ‘Include’ and ‘Exclude’ must not be taken as an exhaustive list of items to be included or excluded.\n\n1. Total deposits\n\nItem 1 collects information on the value of deposits by counterparty of the depositor and type of deposit account.\n\n| Column 1 | Report the value of transaction deposit balances. |\n| -------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Of the amount reported in column 1, report the value that is denominated in a foreign currency. |\n| Column 3 | Report the value of fixed-term deposit balances. |\n| Column 4 | Of the amount reported in column 3, report the value that is denominated in a foreign currency. |\n| Column 5 | Report the value of other non-transaction deposit balances. |\n| Column 6 | Of the amount reported in column 5, report the value that is denominated in a foreign currency. |\n| Column 7 | Report the value of total deposit balances.Column 7 is a derived column. Report the value of total deposits in column 7 as the sum of column 1, column 3, and column 5. |\n\n| Item 1 | Report total deposits.Item 1 is a derived item. Report the value of total deposits in item 1 as the sum of item 1.1 and item 1.2.For column 7, item 1 also equals the value of deposits reported in item 14 (column 1) on ARF 720.0A. |\n| -------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 1.1 | Report deposits by residents.Item 1.1 is a derived item. Report the value of deposits in item 1.1 as the sum of items 1.1.1, 1.1.2, 1.1.3, 1.1.4 and 1.1.5. |\n| Item 1.1.1 | Report deposits by resident households. |\n| Item 1.1.1.1 | Of the amount reported in item 1.1.1, report the value of that is in offset accounts linked to housing loans. |\n| Item 1.1.1.2 | Of the amount reported in item 1.1.1, report the value in retirement savings accounts. |\n| Item 1.1.1.3 | Of the amount reported in item 1.1.1, report the value that is non-interest-bearing. |\n| Item 1.1.2 | Report deposits by resident community service organisations. |\n| Item 1.1.3 | Report deposits by resident non-financial businesses.Item 1.1.3 is a derived item. Report the value of deposits in item 1.1.3 as the sum of items 1.1.3.1 to 1.1.3.5 inclusive. |\n| Item 1.1.3.1 | Report deposits by resident private non-financial investment funds. |\n| Item 1.1.3.2 | Report deposits by resident other private non-financial corporations. |\n| Item 1.1.3.3 | Report deposits by resident private unincorporated businesses. |\n| Item 1.1.3.4 | Report deposits by resident state, territory and local government non-financial corporations. |\n| Item 1.1.3.5 | Report deposits by Commonwealth Government non-financial corporations. |\n| Item 1.1.4 | Report deposits by resident general government.Item 1.1.4 is a derived item. Report the value of deposits in item 1.1.4 as the sum of item 1.1.4.1 and item 1.1.4.2. |\n| Item 1.1.4.1 | Report deposits by resident state, territory and local general government. |\n| Item 1.1.4.2 | Report deposits by Commonwealth general government. |\n| Item 1.1.5 | Report deposits by resident financial institutions.Item 1.1.5 is a derived item. Report the value of deposits in item 1.1.5 as the sum of items 1.1.5.1 to 1.1.5.9 inclusive and items 1.1.5.10 to 1.1.5.13 inclusive. |\n| Item 1.1.5.1 | Report deposits by RBA. |\n| Item 1.1.5.2 | Report deposits by resident ADIs. |\n| Item 1.1.5.3 | Report deposits by resident registered financial corporations. |\n| Item 1.1.5.4 | Report deposits by resident central borrowing authorities. |\n| Item 1.1.5.5 | Report deposits by resident life insurance corporations. |\n| Item 1.1.5.6 | Report deposits by resident other insurance corporations. |\n| Item 1.1.5.7 | Report deposits by resident self-managed superannuation funds. |\n| Item 1.1.5.8 | Report deposits by resident other superannuation funds. |\n| Item 1.1.5.9 | Report deposits by resident financial auxiliaries. |\n| Item 1.1.5.9.1 | Of the amount reported in item 1.1.5.9, report the value of deposits by resident clearing houses and central counterparties. |\n| Item 1.1.5.10 | Report deposits by resident securitisers. |\n| Item 1.1.5.11 | Report deposits by resident money-market investment funds. |\n| Item 1.1.5.12 | Report deposits by resident non-money-market financial investment funds. |\n| Item 1.1.5.13 | Report deposits by resident financial institutions n.e.c. |\n| Item 1.2 | Report deposits by non-residents. |\n| Item 1.2.1 | Of the total reported in item 1.2, report the value of deposits by non-resident clearing houses and central counterparties. |\n\n| ARF_720_2B: ABS/RBA Deposits (Reduced) |\n| -------------------------------------- |\n\n| Australian Business Number | Institution Name |\n| -------------------------- | ---------------- |\n| | |\n| Reporting Period | Scale Factor |\n| Monthly | |\n| Reporting Consolidation | |\n| Domestic | |\n\n```html\n

Transaction

Non-transaction

Total

Fixed-term deposits

Other non-transaction deposits

Total deposits

(1)

(2)

(3)

(4)

  1. Total deposits

1.1. Resident deposits

1.1.1. Households

1.1.1.1. of which: Housing loan offset accounts

1.1.1.2. of which: Retirement savings accounts

1.1.1.3. of which: Non-interest-bearing

1.1.2. Community service organisations

1.1.3. Non-financial businesses

1.1.3.1. Private non-financial investment funds

1.1.3.2. Other private non-financial corporations

1.1.3.3. Private unincorporated businesses

1.1.3.4. State, territory and local government non-financial corporations

1.1.3.5. Commonwealth Government non-financial corporations

1.1.4. General government

1.1.4.1. State, territory and local general government

1.1.4.2. Commonwealth general government

1.1.5. Financial institutions

1.1.5.1. RBA

1.1.5.2. ADIs

1.1.5.3. Registered financial corporations

1.1.5.4. Central borrowing authorities

1.1.5.5. Life insurance corporations

1.1.5.6. Other insurance corporations

1.1.5.7. Self-managed superannuation funds

1.1.5.8. Other superannuation funds

1.1.5.9. Financial auxiliaries

1.1.5.10. Securitisers

1.1.5.11. Money-market investment funds

1.1.5.12. Non-money-market financial investment funds

1.1.5.13. Financial institutions n.e.c.

1.2. Non-resident deposits

\n```\n\nReporting Form 720.2B\n\nABS/RBA Deposits (Reduced)\n\nInstructions\n\nThese instructions assist completion of Reporting Form ARF 720.2B ABS/RBA Deposits (Reduced) (ARF 720.2B). ARF 720.2B collects information relating to deposits.\n\nInformation reported in ARF 720.2B is required primarily for purposes of the ABS and the RBA. Items on ARF 720.2B are required for various purposes, including the compilation of Australia’s National Accounts and the calculation of the monetary aggregates. Information reported in ARF 720.2B may also be used by APRA for prudential and publication purposes.\n\nReporting level\n\nARF 720.2B must be completed be completed by each ADI and RFC to which this Reporting Standard applies under paragraph 4 or 5.\n\nReporting basis and unit of measurement\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\nItems on ARF 720.2B must be reported as at the end of the reporting period.\n\nFor reporting purposes, unless specified otherwise, data are to be entered as a positive number.\n\nCounterparties\n\nExclude deposits by related parties (intra-group deposits). Detail on intra-group deposits is reported on Reporting Form ARF 720.3 ABS/RBA Intra-group Assets and Liabilities (ARF 720.3).\n\nData for residents and non-residents are collected separately. Note that this treatment differs from Reporting Form ARF 720.0A/B Statement of Financial Position (Standard)/(Reduced) (ARF 720.0A/B), where deposits by non-residents are not separately identified.\n\nValues\n\nReport all items on the ARF 720.2B in accordance with Australian Accounting Standards unless otherwise specified.\n\nReport monetary amounts on ARF 720.2B in Australian dollars or the Australian dollar equivalent of the foreign currency. Convert amounts denominated in foreign currency to AUD in accordance with AASB 121.\n\nItems on ARF 720.2B are to be reported in whole dollars for ADIs and RFCs.\n\nStandard Business Reporting (SBR)\n\nReport items on ARF 720.2B with accounting type of credit (liabilities). The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting treatment of the item collected.\n\nSpecific instructions\n\nTerms highlighted in bold italics are defined in ARS 701.0.\n\nAll derived fields in the form are shaded in grey and are explained in words as a mathematical expression in these instructions.\n\nExamples included under ‘Include’ and ‘Exclude’ must not be taken as an exhaustive list of items to be included or excluded.\n\n1. Total deposits\n\nItem 1 collects information on the value of deposits by counterparty of the depositor and type of deposit account.\n\n| Column 1 | Report the value of transaction deposit balances. |\n| -------- | --------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Column 2 | Report the value of fixed-term deposit balances. |\n| Column 3 | Report the value of other non-transaction deposit balances. |\n| Column 4 | Report the value of deposit balances.Column 4 is a derived column. Report the value of total deposits in column 4 as the sum of columns 1 to 3 inclusive. |\n\n| Item 1 | Report deposits.Item 1 is a derived item. Report the value of total deposits in item 1 as the sum of item 1.1 and item 1.2.For column 4, item 1 also equals the value of deposits reported in item 14 on ARF 720.0A/B. |\n| ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| Item 1.1 | Report deposits by residents.Item 1.1 is a derived item. Report the value of deposits in item 1.1 as the sum of items 1.1.1, 1.1.2, 1.1.3, 1.1.4 and 1.1.5. |\n| Item 1.1.1 | Report deposits by resident households. |\n| Item 1.1.1.1 | Of the amount reported in item 1.1.1, report the value of offset accounts linked to housing loans. |\n| Item 1.1.1.2 | Of the amount reported in item 1.1.1, report the value of retirement savings accounts. |\n| Item 1.1.1.3 | Of the amount reported in item 1.1.1, report the value that is non-interest-bearing. |\n| Item 1.1.2 | Report deposits by resident community service organisations. |\n| Item 1.1.3 | Report deposits by resident non-financial businesses.Item 1.1.3 is a derived item. Report the value of deposits in item 1.1.3 as the sum of items 1.1.3.1 to 1.1.3.5 inclusive. |\n| Item 1.1.3.1 | Report deposits by resident private non-financial investment funds. |\n| Item 1.1.3.2 | Report deposits by resident other private non-financial corporations. |\n| Item 1.1.3.3 | Report deposits by resident private unincorporated businesses. |\n| Item 1.1.3.4 | Report deposits by resident state, territory and local government non-financial corporations. |\n| Item 1.1.3.5 | Report deposits by Commonwealth Government non-financial corporations. |\n| Item 1.1.4 | Report deposits by resident general government.Item 1.1.4 is a derived item. Report the value of deposits in item 1.1.4 as the sum of item 1.1.4.1 and item 1.1.4.2. |\n| Item 1.1.4.1 | Report deposits by resident state, territory and local general government. |\n| Item 1.1.4.2 | Report deposits by Commonwealth general government. |\n| Item 1.1.5 | Report deposits by resident financial institutions.Item 1.1.5 is a derived item. Report the value of deposits in item 1.1.5 as the sum of items 1.1.5.1 to 1.1.5.13 inclusive. |\n| Item 1.1.5.1 | Report deposits by RBA. |\n| Item 1.1.5.2 | Report deposits by resident ADIs. |\n| Item 1.1.5.3 | Report deposits by resident registered financial corporations. |\n| Item 1.1.5.4 | Report deposits by resident central borrowing authorities. |\n| Item 1.1.5.5 | Report deposits by resident life insurance corporations. |\n| Item 1.1.5.6 | Report deposits by resident other insurance corporations. |\n| Item 1.1.5.7 | Report deposits by resident self-managed superannuation funds. |\n| Item 1.1.5.8 | Report deposits by resident other superannuation funds. |\n| Item 1.1.5.9 | Report deposits by resident financial auxiliaries. |\n| Item 1.1.5.10 | Report deposits by resident securitisers. |\n| Item 1.1.5.11 | Report deposits by resident money-market investment funds. |\n| Item 1.1.5.12 | Report deposits by resident non-money-market financial investment funds. |\n| Item 1.1.5.13 | Report deposit by resident financial institutions n.e.c. |\n| Item 1.2 | Report deposits by non-residents. |\n\n---\n\n[\\[1\\]](#_ftnref1) APRA may exempt an ADI from providing information under this Reporting Standard on the condition that it provides other information required by this Reporting Standard. APRA may exercise this discretion to ensure the information collected continues to accord with the Purpose.\n\nFor example, APRA may exempt an ADI, under paragraph 16(1)(b) of the Financial Sector (Collection of Data) Act 2001, from the requirement to provide information under ARF 720.2A, on the condition it provides information under ARF 720.2B.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":1531},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"The legislation maintains its original scope as a targeted data collection instrument for deposit information. The determination creates Reporting Standard ARS 720.2 with appropriate tiered reporting (Standard vs Reduced forms) based on entity size, which represents a calibrated implementation rather than scope creep."},"complexity_factors":["Dual-form structure requiring entities to determine applicability based on asset thresholds ($200m for ADIs, $50m-$400m for RFCs)","Extensive cross-referencing to other standards (ARS 701.0, ARF 720.0A/B, ARF 323.0, APS 310, RRS 710.0, AASB 121)","Nested classification system for counterparties with up to 5 hierarchical levels (e.g., 1.1.5.9.1 for clearing houses)","Multiple derived fields requiring mathematical calculations across columns","Differential reporting frequencies based on asset size (monthly vs. annual for some RFCs)","Conditional quality control requirements referencing separate prudential and audit standards","Foreign currency conversion requirements under accounting standards"],"plain_english_summary":"This law requires banks and certain non‑bank lenders to submit monthly, detailed deposit data to APRA (shared with the Reserve Bank and ABS) so authorities can compile monetary aggregates and national accounts. Applicability and reporting detail depend on asset-size thresholds.\n\nReports break down deposits by customer and deposit type, must be electronically filed within 10 business days, digitally signed and subject to annual external audit of reporting systems. The data informs monetary policy and APRA’s prudential oversight."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":false,"description":"The instrument implements data collection powers under the Financial Sector (Collection of Data) Act 2001 (s 13) by prescribing reporting forms, thresholds and technical rules. The text does not indicate it expands or narrows the statutory definition of who is a financial sector entity; instead it sets procedural and scope limits (which entities must report) and gives APRA discretion to vary thresholds, frequency or exemptions (paras 4–5,11)."},"complexity_factors":["Two reporting formats (ARF 720.2A Standard and ARF 720.2B Reduced) with different applicability by institution class and asset thresholds (paras 2,4).","Asset‑size thresholds and APRA discretion to apply different or higher thresholds to particular ADIs/RFCs (paras 4–5).","Granular counterparty and deposit‑type breakdowns (transaction, fixed‑term, other; resident v non‑resident; many sub‑categories) in the forms and instructions (Forms and Specific instructions, Item 1 and subitems).","Variable reporting frequency rules (monthly for specified classes and sizes; December‑end specifics) and APRA power to change frequency for particular entities (paras 9,11).","Short statutory turnaround for submissions (10 business days) with limited extension process; electronic submission and digital signing requirements (paras 10,12,8,15).","Mandatory quality control: internal controls plus external auditor review/testing annually (or more often) tied to APS 310 or RRS 710.0 (paras 13–14).","Derived fields, currency conversion to AUD under AASB 121, and requirement to follow Australian Accounting Standards increase implementation detail in reporting systems (Instructions: Values/Convert).","APRA power to make minor variations to forms/instructions without changing substantive requirements, requiring written notification (paras 16–17)."],"plain_english_summary":"This Determination requires authorised deposit‑taking institutions (ADIs) and registered financial corporations (RFCs) above specified asset thresholds to submit detailed deposit breakdowns to APRA using ARF 720.2A (standard) or ARF 720.2B (reduced). The data feed the ABS and RBA (national accounts, monetary aggregates) and may also be used by APRA (paras 2,4). Reporting institutions pay the compliance costs: electronic submission, digital signing, internal controls and annual external‑auditor review. APRA sets thresholds, may change frequency or exemptions, and may vary minor form instructions (paras 8,10,13,5,11,16)."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-4-of-2019/documents"}}