{"id":"F2025L00546","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2025","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":106325,"registerId":"commonwealth-F2025L00546-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard SRS 552.0","sectionType":"part","heading":"Reporting Standard SRS 552.0","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 7 of 2025\n\nReporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Andrew Robertson, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act), determine Reporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing, in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 3 of that reporting standard.\n\nUnder section 15 of the Act, I declare that Reporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing shall begin to apply to those financial sector entities at the start of the day after the day this instrument is registered on the Federal Register of Legislation.\n\nThis instrument commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\nDated: 30 April 2025\n\nAndrew Robertson\n\nChief Data Officer\n\nTechnology and Data Division\n\nInterpretation\n\nIn this instrument:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nFederal Register of Legislation means the register established and maintained under section 15A of the Legislation Act 2003.\n\nfinancial sector entity means financial sector entities of a kind referred to in paragraphs 5(2)(a) to (d) of the Act.\n\nSchedule\n\nReporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing comprises the document commencing on the following page. \n\n![Commonwealth Coat of Arms of Australia](image.002.png)\n\n# Reporting Standard SRS 552.0\n\n# Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\n## Objective of this reporting standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to securities subject to repurchase and resale and securities lending and borrowing of registrable superannuation entities (RSE), defined benefit RSEs and pooled superannuation trusts.\n\nIt includes Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing, associated specific instructions and Appendix A: Counterparty and Issuer Type.\n\n### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It is also required for the purposes of the Australian Bureau of Statistics for compilation of the Australian National Accounts and other publications, and may also be used by the Australian Securities and Investments Commission.\n\n### Application\n\n3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE and pooled superannuation trust (PST) within its business operations[\\[1\\]](#_ftn1).\n\n### Commencement\n\n4. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\n### Reporting periods\n\n5. The RSE licensee must provide the information required under this Reporting Standard for the reporting periods, by the due dates, set out in the table below:\n\n| Reporting Form | Reporting Table | Reporting Period | Due Date | First Reporting Period |\n| --------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ |\n| Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0) | Table 1: Securities Subject to Repurchase and Resale and Securities Lending and BorrowingTable 2: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (Collateral)Table 3: Securities Lending ProgramTable 4: Securities Lending Program (Collateral)Table 5: Reinvestment Of Cash Collateral From Securities Lending | Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year | For the first reporting period: 15 December 2025For subsequent reporting periods: 40 calendar days after the end of the relevant reporting period | The calendar quarter ending on 30 September 2025 |\n\n### Notices\n\n6. If, having regard to the particular circumstances of an RSE, defined benefit RSE or PST, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE or PST.\n\n7. Where APRA has changed the reporting periods under paragraph 6 the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n\n8. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs or PSTs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.\n\nNote: For the avoidance of doubt, APRA’s expectation is that if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.\n\n### Form and method of submission\n\n9. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.\n\n### Quality control\n\n10. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE or PST to which the information relates[\\[2\\]](#_ftn2). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n\n1. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n2. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n\n11. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.\n\n### Authorisation\n\n12. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or must digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n13. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n\n1. obtain from the agent a copy of the completed form with the information provided to APRA; and\n2. retain the completed copy.\n\n14. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n\n1. the Chief Executive Officer of the RSE licensee; or\n2. the Chief Financial Officer of the RSE licensee.\n\n### Minor alterations to forms and instructions\n\n15. APRA may make minor variations to:\n\n1. 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\n1. the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n16. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.\n\n### Interpretation\n\n17. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[3\\]](#_ftn3).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndefined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.\n\ndue date means the relevant due date under paragraph 5, 7, or, if applicable, paragraph 8 of this Reporting Standard.\n\nInvestment option has the meaning given in SRS 101.0.\n\nMySuper product has the meaning given in subsection 10(1) of the SIS Act.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6 of this Reporting Standard.\n\nRSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, small APRA fund or single member approved deposit fund[\\[4\\]](#_ftn4).\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\nSRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.\n\nPooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.\n\n18. In this Reporting Standard, unless an instrument is not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n19. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.","sortOrder":0},{"sectionNumber":"Securities Subject to Repurchase and Res","sectionType":"part","heading":"Securities Subject to Repurchase and Resale and Securities Lending and Borrowing","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 7 of 2025\n\nReporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Andrew Robertson, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act), determine Reporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing, in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 3 of that reporting standard.\n\nUnder section 15 of the Act, I declare that Reporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing shall begin to apply to those financial sector entities at the start of the day after the day this instrument is registered on the Federal Register of Legislation.\n\nThis instrument commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\nDated: 30 April 2025\n\nAndrew Robertson\n\nChief Data Officer\n\nTechnology and Data Division\n\nInterpretation\n\nIn this instrument:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nFederal Register of Legislation means the register established and maintained under section 15A of the Legislation Act 2003.\n\nfinancial sector entity means financial sector entities of a kind referred to in paragraphs 5(2)(a) to (d) of the Act.\n\nSchedule\n\nReporting Standard SRS 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing comprises the document commencing on the following page. \n\n![Commonwealth Coat of Arms of Australia](image.002.png)\n\n# Reporting Standard SRS 552.0\n\n# Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\n## Objective of this reporting standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to securities subject to repurchase and resale and securities lending and borrowing of registrable superannuation entities (RSE), defined benefit RSEs and pooled superannuation trusts.\n\nIt includes Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing, associated specific instructions and Appendix A: Counterparty and Issuer Type.\n\n### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It is also required for the purposes of the Australian Bureau of Statistics for compilation of the Australian National Accounts and other publications, and may also be used by the Australian Securities and Investments Commission.\n\n### Application\n\n3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE and pooled superannuation trust (PST) within its business operations[\\[1\\]](#_ftn1).\n\n### Commencement\n\n4. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\n### Reporting periods\n\n5. The RSE licensee must provide the information required under this Reporting Standard for the reporting periods, by the due dates, set out in the table below:\n\n| Reporting Form | Reporting Table | Reporting Period | Due Date | First Reporting Period |\n| --------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ |\n| Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0) | Table 1: Securities Subject to Repurchase and Resale and Securities Lending and BorrowingTable 2: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (Collateral)Table 3: Securities Lending ProgramTable 4: Securities Lending Program (Collateral)Table 5: Reinvestment Of Cash Collateral From Securities Lending | Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year | For the first reporting period: 15 December 2025For subsequent reporting periods: 40 calendar days after the end of the relevant reporting period | The calendar quarter ending on 30 September 2025 |\n\n### Notices\n\n6. If, having regard to the particular circumstances of an RSE, defined benefit RSE or PST, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE or PST.\n\n7. Where APRA has changed the reporting periods under paragraph 6 the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n\n8. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs or PSTs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.\n\nNote: For the avoidance of doubt, APRA’s expectation is that if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.\n\n### Form and method of submission\n\n9. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.\n\n### Quality control\n\n10. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE or PST to which the information relates[\\[2\\]](#_ftn2). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n\n1. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n2. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n\n11. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.\n\n### Authorisation\n\n12. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or must digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n13. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n\n1. obtain from the agent a copy of the completed form with the information provided to APRA; and\n2. retain the completed copy.\n\n14. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n\n1. the Chief Executive Officer of the RSE licensee; or\n2. the Chief Financial Officer of the RSE licensee.\n\n### Minor alterations to forms and instructions\n\n15. APRA may make minor variations to:\n\n1. 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\n1. the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n16. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.\n\n### Interpretation\n\n17. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[3\\]](#_ftn3).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndefined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.\n\ndue date means the relevant due date under paragraph 5, 7, or, if applicable, paragraph 8 of this Reporting Standard.\n\nInvestment option has the meaning given in SRS 101.0.\n\nMySuper product has the meaning given in subsection 10(1) of the SIS Act.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6 of this Reporting Standard.\n\nRSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, small APRA fund or single member approved deposit fund[\\[4\\]](#_ftn4).\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\nSRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.\n\nPooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.\n\n18. In this Reporting Standard, unless an instrument is not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n19. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.","sortOrder":1},{"sectionNumber":"Objective of this reporting standard","sectionType":"part","heading":"Objective of this reporting standard","content":"## Objective of this reporting standard\n\nThis Reporting Standard sets out requirements for the provision of information to APRA relating to securities subject to repurchase and resale and securities lending and borrowing of registrable superannuation entities (RSE), defined benefit RSEs and pooled superannuation trusts.\n\nIt includes Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing, associated specific instructions and Appendix A: Counterparty and Issuer Type.","sortOrder":2},{"sectionNumber":"Authority","sectionType":"division","heading":"Authority","content":"### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.","sortOrder":3},{"sectionNumber":"Purpose","sectionType":"division","heading":"Purpose","content":"### Purpose\n\n2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It is also required for the purposes of the Australian Bureau of Statistics for compilation of the Australian National Accounts and other publications, and may also be used by the Australian Securities and Investments Commission.","sortOrder":4},{"sectionNumber":"Application","sectionType":"division","heading":"Application","content":"### Application\n\n3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE and pooled superannuation trust (PST) within its business operations[\\[1\\]](#_ftn1).","sortOrder":5},{"sectionNumber":"Commencement","sectionType":"division","heading":"Commencement","content":"### Commencement\n\n4. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.","sortOrder":6},{"sectionNumber":"Reporting periods","sectionType":"division","heading":"Reporting periods","content":"### Reporting periods\n\n5. The RSE licensee must provide the information required under this Reporting Standard for the reporting periods, by the due dates, set out in the table below:\n\n| Reporting Form | Reporting Table | Reporting Period | Due Date | First Reporting Period |\n| --------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ |\n| Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0) | Table 1: Securities Subject to Repurchase and Resale and Securities Lending and BorrowingTable 2: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (Collateral)Table 3: Securities Lending ProgramTable 4: Securities Lending Program (Collateral)Table 5: Reinvestment Of Cash Collateral From Securities Lending | Each calendar quarter ending 30 September, 31 December, 31 March and 30 June each year | For the first reporting period: 15 December 2025For subsequent reporting periods: 40 calendar days after the end of the relevant reporting period | The calendar quarter ending on 30 September 2025 |","sortOrder":7},{"sectionNumber":"Notices","sectionType":"division","heading":"Notices","content":"### Notices\n\n6. If, having regard to the particular circumstances of an RSE, defined benefit RSE or PST, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE or PST.\n\n7. Where APRA has changed the reporting periods under paragraph 6 the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n\n8. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs or PSTs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.\n\nNote: For the avoidance of doubt, APRA’s expectation is that if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.","sortOrder":8},{"sectionNumber":"Form and method of submission","sectionType":"division","heading":"Form and method of submission","content":"### Form and method of submission\n\n9. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.","sortOrder":9},{"sectionNumber":"Quality control","sectionType":"division","heading":"Quality control","content":"### Quality control\n\n10. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE or PST to which the information relates[\\[2\\]](#_ftn2). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n\n1. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n2. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n\n11. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.","sortOrder":10},{"sectionNumber":"Authorisation","sectionType":"division","heading":"Authorisation","content":"### Authorisation\n\n12. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or must digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n13. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n\n1. obtain from the agent a copy of the completed form with the information provided to APRA; and\n2. retain the completed copy.\n\n14. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n\n1. the Chief Executive Officer of the RSE licensee; or\n2. the Chief Financial Officer of the RSE licensee.","sortOrder":11},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"division","heading":"Minor alterations to forms and instructions","content":"### Minor alterations to forms and instructions\n\n15. APRA may make minor variations to:\n\n1. 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\n1. the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n16. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.","sortOrder":12},{"sectionNumber":"Interpretation","sectionType":"division","heading":"Interpretation","content":"### Interpretation\n\n17. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[3\\]](#_ftn3).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndefined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.\n\ndue date means the relevant due date under paragraph 5, 7, or, if applicable, paragraph 8 of this Reporting Standard.\n\nInvestment option has the meaning given in SRS 101.0.\n\nMySuper product has the meaning given in subsection 10(1) of the SIS Act.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 6 of this Reporting Standard.\n\nRSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, small APRA fund or single member approved deposit fund[\\[4\\]](#_ftn4).\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\nSRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.\n\nPooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.\n\n18. In this Reporting Standard, unless an instrument is not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n19. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.","sortOrder":13},{"sectionNumber":"Reporting Form SRF 552.0","sectionType":"part","heading":"Reporting Form SRF 552.0","content":"# Reporting Form SRF 552.0\n\n# Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0). This form collects information relating to securities subject to repurchase and resale and securities lending and borrowing of RSEs.\n\n## General directions and notes\n\n### Reporting level\n\nSRF 552.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Reporting basis and unit of measurement\n\nAll items on SRF 552.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (SNA 2008) including the definition of market price. For 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 is to be included.\n\nItems on SRF 552.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.\n\nAmounts in SRF 552.0 are to be reported as whole dollars.\n\nItems on SRF 552.0 are to be reported on a gross basis except where otherwise indicated.\n\nItems on SRF 552.0 are to be reported on a non-look through basis, except in respect of exclusively held internal trusts or wholly-owned investment (non-trading) subsidiaries. A look through basis is where information about the underlying investments in an investment vehicle must be reported.\n\nItems on SRF 552.0 are to be reported on an unconsolidated basis except where otherwise indicated. Only assets held in internal trusts or wholly-owned investment (non-trading) subsidiaries are to be consolidated into the appropriate asset class. In national accounting, consolidation refers to the elimination of transactions which occur between two transactors belonging to the same institutional sector or subsector. In a commercial accounting sense, this process is applied to entities where a parent/subsidiary relationship exists.\n\nWhere repurchase or resale agreements involve different types of security, i.e. various types of securities as collaterals, report the repurchase or resale agreements separately and do not net against each other, even when contracted with the same counterparty.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\nReport information about all securities purchased and sold under agreements to resale and repurchase, and all securities borrowed and lent.\n\n### Table 1: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\nReport data as at the end of the reporting period.\n\nInstructions\n\nReport information about securities purchased under agreements to resell and securities borrowed and securities sold under agreements to repurchase and securities lent.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------------------------------------- | ----------------- | ------------- | ----------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Counterparty Identifier | Y | All filers | Text (100) | Report the counterparty identifier.Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods. |\n| 2 | Counterparty Name Text | | All filers | Text (100) | Report the name of the counterparty to the transaction. |\n| 3 | Repurchase Agreement And Securities Lending Arrangement Type | Y | All filers | Securities Purchased Under Agreements To Resell And Securities BorrowedSecurities Sold Under Agreements To Repurchase And Securities Lent | Report the arrangement type. |\n| 4 | Counterparty Sector Type | | All filers | Consult Appendix A for valid values | Report the type of counterparty. |\n| 5 | Instrument Type | Y | All filers | Bills Of ExchangeOne Name PaperLong Term Debt SecuritiesShares And Units in TrustsOther | Report the instrument type of the securities under repurchase agreement and securities lending arrangement. |\n| 6 | Instrument Issuer Type | Y | All filers | Consult Appendix A for valid values | Report the issuer type of the instrument reported under instrument type. |\n| 7 | Market Value of Securities Under Repurchase Agreement And Securities Lending Arrangement | | All filers | Whole Dollars | Report the market value of the security reported in Column 5 (issued by the instrument issuer in Column 6) at the end of the reference period. |","sortOrder":14},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0). This form collects information relating to securities subject to repurchase and resale and securities lending and borrowing of RSEs.","sortOrder":16},{"sectionNumber":"General directions and notes","sectionType":"part","heading":"General directions and notes","content":"# Reporting Form SRF 552.0\n\n# Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 552.0 Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (SRF 552.0). This form collects information relating to securities subject to repurchase and resale and securities lending and borrowing of RSEs.\n\n## General directions and notes\n\n### Reporting level\n\nSRF 552.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Reporting basis and unit of measurement\n\nAll items on SRF 552.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (SNA 2008) including the definition of market price. For 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 is to be included.\n\nItems on SRF 552.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.\n\nAmounts in SRF 552.0 are to be reported as whole dollars.\n\nItems on SRF 552.0 are to be reported on a gross basis except where otherwise indicated.\n\nItems on SRF 552.0 are to be reported on a non-look through basis, except in respect of exclusively held internal trusts or wholly-owned investment (non-trading) subsidiaries. A look through basis is where information about the underlying investments in an investment vehicle must be reported.\n\nItems on SRF 552.0 are to be reported on an unconsolidated basis except where otherwise indicated. Only assets held in internal trusts or wholly-owned investment (non-trading) subsidiaries are to be consolidated into the appropriate asset class. In national accounting, consolidation refers to the elimination of transactions which occur between two transactors belonging to the same institutional sector or subsector. In a commercial accounting sense, this process is applied to entities where a parent/subsidiary relationship exists.\n\nWhere repurchase or resale agreements involve different types of security, i.e. various types of securities as collaterals, report the repurchase or resale agreements separately and do not net against each other, even when contracted with the same counterparty.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\nReport information about all securities purchased and sold under agreements to resale and repurchase, and all securities borrowed and lent.\n\n### Table 1: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\nReport data as at the end of the reporting period.\n\nInstructions\n\nReport information about securities purchased under agreements to resell and securities borrowed and securities sold under agreements to repurchase and securities lent.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------------------------------------- | ----------------- | ------------- | ----------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Counterparty Identifier | Y | All filers | Text (100) | Report the counterparty identifier.Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods. |\n| 2 | Counterparty Name Text | | All filers | Text (100) | Report the name of the counterparty to the transaction. |\n| 3 | Repurchase Agreement And Securities Lending Arrangement Type | Y | All filers | Securities Purchased Under Agreements To Resell And Securities BorrowedSecurities Sold Under Agreements To Repurchase And Securities Lent | Report the arrangement type. |\n| 4 | Counterparty Sector Type | | All filers | Consult Appendix A for valid values | Report the type of counterparty. |\n| 5 | Instrument Type | Y | All filers | Bills Of ExchangeOne Name PaperLong Term Debt SecuritiesShares And Units in TrustsOther | Report the instrument type of the securities under repurchase agreement and securities lending arrangement. |\n| 6 | Instrument Issuer Type | Y | All filers | Consult Appendix A for valid values | Report the issuer type of the instrument reported under instrument type. |\n| 7 | Market Value of Securities Under Repurchase Agreement And Securities Lending Arrangement | | All filers | Whole Dollars | Report the market value of the security reported in Column 5 (issued by the instrument issuer in Column 6) at the end of the reference period. |","sortOrder":17},{"sectionNumber":"Reporting level","sectionType":"division","heading":"Reporting level","content":"### Reporting level\n\nSRF 552.0 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).","sortOrder":18},{"sectionNumber":"Reporting tables","sectionType":"division","heading":"Reporting tables","content":"### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.","sortOrder":19},{"sectionNumber":"Reporting basis and unit of measurement","sectionType":"division","heading":"Reporting basis and unit of measurement","content":"### Reporting basis and unit of measurement\n\nAll items on SRF 552.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (SNA 2008) including the definition of market price. For 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 is to be included.\n\nItems on SRF 552.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.\n\nAmounts in SRF 552.0 are to be reported as whole dollars.\n\nItems on SRF 552.0 are to be reported on a gross basis except where otherwise indicated.\n\nItems on SRF 552.0 are to be reported on a non-look through basis, except in respect of exclusively held internal trusts or wholly-owned investment (non-trading) subsidiaries. A look through basis is where information about the underlying investments in an investment vehicle must be reported.\n\nItems on SRF 552.0 are to be reported on an unconsolidated basis except where otherwise indicated. Only assets held in internal trusts or wholly-owned investment (non-trading) subsidiaries are to be consolidated into the appropriate asset class. In national accounting, consolidation refers to the elimination of transactions which occur between two transactors belonging to the same institutional sector or subsector. In a commercial accounting sense, this process is applied to entities where a parent/subsidiary relationship exists.\n\nWhere repurchase or resale agreements involve different types of security, i.e. various types of securities as collaterals, report the repurchase or resale agreements separately and do not net against each other, even when contracted with the same counterparty.","sortOrder":20},{"sectionNumber":"Definitions","sectionType":"division","heading":"Definitions","content":"### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\nReport information about all securities purchased and sold under agreements to resale and repurchase, and all securities borrowed and lent.","sortOrder":21},{"sectionNumber":"Table 1: Securities Subject to Repurchas","sectionType":"division","heading":"Table 1: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing","content":"### Table 1: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing\n\nReport data as at the end of the reporting period.\n\nInstructions\n\nReport information about securities purchased under agreements to resell and securities borrowed and securities sold under agreements to repurchase and securities lent.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------------------------------------- | ----------------- | ------------- | ----------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Counterparty Identifier | Y | All filers | Text (100) | Report the counterparty identifier.Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods. |\n| 2 | Counterparty Name Text | | All filers | Text (100) | Report the name of the counterparty to the transaction. |\n| 3 | Repurchase Agreement And Securities Lending Arrangement Type | Y | All filers | Securities Purchased Under Agreements To Resell And Securities BorrowedSecurities Sold Under Agreements To Repurchase And Securities Lent | Report the arrangement type. |\n| 4 | Counterparty Sector Type | | All filers | Consult Appendix A for valid values | Report the type of counterparty. |\n| 5 | Instrument Type | Y | All filers | Bills Of ExchangeOne Name PaperLong Term Debt SecuritiesShares And Units in TrustsOther | Report the instrument type of the securities under repurchase agreement and securities lending arrangement. |\n| 6 | Instrument Issuer Type | Y | All filers | Consult Appendix A for valid values | Report the issuer type of the instrument reported under instrument type. |\n| 7 | Market Value of Securities Under Repurchase Agreement And Securities Lending Arrangement | | All filers | Whole Dollars | Report the market value of the security reported in Column 5 (issued by the instrument issuer in Column 6) at the end of the reference period. |","sortOrder":22},{"sectionNumber":"Table 2: Securities Subject to Repurchas","sectionType":"division","heading":"Table 2: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (Collateral)","content":"### Table 2: Securities Subject to Repurchase and Resale and Securities Lending and Borrowing (Collateral)\n\nReport data as at the end of the reporting period.\n\nInstructions\n\nReport the collateral posted or collected in relation to securities purchased under agreements to resell and securities borrowed and securities sold under agreements to repurchase and securities lent.\n\n```html\n

Column

Field name

Unique identifier

Applicable to

Valid values

Description

1

Counterparty Identifier

Y

All filers

Text (100)

Report the counterparty identifier.

Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods.

2

Counterparty Name Text

All filers

Text (100)

Report the name of the counterparty to the transaction.

3

Repurchase Agreement And Securities Lending Arrangement Type

Y

All filers

  • Securities Purchased Under Agreements To Resell And Securities Borrowed
  • Securities Sold Under Agreements To Repurchase And Securities Lent

Report the arrangement type.

4

Counterparty Sector Type

All filers

Consult Appendix A for valid values

Report the type of counterparty.

5

Collateral Type

Y

All filers

  • Bills Of Exchange
  • One Name Paper
  • Long-Term Debt Securities
  • Shares And Units In Trusts
  • Cash And Deposits
  • Other

Report the collateral type.

6

Collateral Issuer Type

Y

All filers

Consult Appendix A for valid values

Report the collateral issuer type of the collateral type reported in Column 5.

7

Collateral Market Value

All filers

Whole Dollars

Report the market value of the collateral reported in Column 5 at the end of the reference period.

\n```","sortOrder":23},{"sectionNumber":"Table 3: Securities Lending Program","sectionType":"division","heading":"Table 3: Securities Lending Program","content":"### Table 3: Securities Lending Program\n\nInstructions\n\nReport information about the securities lending program.\n\nReport each securities lending program as a separate line. If a securities lending program is contracted with an intermediary institution but there is no current amount loaned out, report the Amount Currently Loaned as blank.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | -------------------------------------------------- | ----------------- | ------------- | --------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Intermediary Identifier | Y | All filers | Text (100) | Report the intermediary identifier.Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods. |\n| 2 | Name Of Intermediary In Securities Lending Program | | All filers | Text (100) | For securities lending arrangement, report the name of intermediary used in securities lending program. |\n| 3 | Instrument Type | Y | All filers | Bills Of ExchangeOne Name PaperLong-Term Debt SecuritiesShares And Units In TrustsOther | Report the instrument type of the securities lending arrangement. |\n| 4 | Size Of Securities Lending Program | | All filers | Whole Dollars | For securities lending arrangement, report the size of the securities lending program. |\n| 5 | Amount Currently Loaned | | All filers | Whole Dollars | For securities lending arrangement, report the value of the securities on loan as at the end of the reporting period. |","sortOrder":24},{"sectionNumber":"Table 4: Securities Lending Program (Col","sectionType":"division","heading":"Table 4: Securities Lending Program (Collateral)","content":"### Table 4: Securities Lending Program (Collateral)\n\nInstructions\n\nReport information about collateral collected in relation to the securities on loan in each securities lending program. Each securities lending program should be reported as a separate line.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | -------------------------------------------------- | ----------------- | ------------- | -------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Intermediary Identifier | Y | All filers | Text (100) | Report the intermediary identifier.Report publicly available (external) identifiers, where available. Otherwise, use an internal entity identifier and apply consistently across reporting periods. |\n| 2 | Name Of Intermediary In Securities Lending Program | | All filers | Text (100) | For securities lending arrangement, report the name of intermediary used in securities lending program. |\n| 3 | Collateral Type | Y | All filers | Bills Of ExchangeOne Name PaperLong-Term Debt SecuritiesShares And Units In TrustsCash And DepositsOther | Report the instrument type of the collateral collected in relation to securities lent. |\n| 4 | Collateral Market Value | | All filers | Whole dollars | Report the market value of the collateral. |","sortOrder":25},{"sectionNumber":"Table 5: Reinvestment Of Cash Collateral","sectionType":"division","heading":"Table 5: Reinvestment Of Cash Collateral From Securities Lending","content":"### Table 5: Reinvestment Of Cash Collateral From Securities Lending\n\nInstructions\n\nReport information about the cash collateral reinvested.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | -------------------------- | ----------------- | ------------- | --------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------- |\n| 1 | Instrument Type | Y | All filers | Bills Of ExchangeOne Name PaperLong-Term Debt SecuritiesShares And Units In TrustsOther | Report the instrument type where the cash collateral received from securities lending was reinvested. |\n| 2 | Instrument Issuer Type | Y | All filers | Consult Appendix A for valid values | Report the issuer type of the instrument type. |\n| 3 | Cash Collateral Reinvested | | All filers | Whole dollars | Report the value of the reinvested cash collateral from securities lending activity. |\n| 4 | Instrument Market Value | | All filers | Whole dollars | Report the market value of the instrument type at the end of the reference period |","sortOrder":26},{"sectionNumber":"Appendix A — Counterparty and Issuer Typ","sectionType":"part","heading":"Appendix A — Counterparty and Issuer Type","content":"# Appendix A – Counterparty and Issuer Type\n\nList of Counterparty Sector Type, Instrument Issuer Type and Collateral Issuer Type\n\n| Authorised Deposit-Taking Institutions (ADIs) |\n| ---------------------------------------------------------------- |\n| Central Borrowing Authorities |\n| Clearing Houses And Central Counterparties |\n| Commonwealth General Government |\n| Commonwealth Government Non-Financial Corporations |\n| Financial Auxiliaries |\n| Financial Institutions n.e.c |\n| Life Insurance Corporations |\n| Money-Market Investment Funds |\n| Non-Money-Market Financial Investment Funds |\n| Non-Residents |\n| Other Insurance Corporations |\n| Other Private Non-Financial Corporations |\n| Private Non-Financial Investment Funds |\n| Private Unincorporated Businesses |\n| Registered Financial Corporations |\n| Reserve Bank Of Australia (RBA) |\n| Securitisers |\n| State, Territory And Local General Government |\n| State, Territory And Local Government Non-Financial Corporations |\n| Superannuation Funds |","sortOrder":27}],"analysis":{"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":false,"description":"The reporting standard is narrowly focused on collecting repo and securities‑lending related data from RSEs, defined benefit RSEs and PSTs to support prudential supervision and national accounting (paras 2–3). It does not, on its face, broaden APRA's statutory purposes or add new categories of regulated entities beyond those explicitly listed. The instrument formalises granularity and auditability of data collection (tables, Appendix A, auditor requirements) but does not materially expand the legislative scope of APRA's data collection powers; it stays within the Act's collection remit and the stated purpose (see Authority para 1 and Purpose para 2)."},"complexity_factors":["Multiple external cross‑references (SRS 101.0 for definitions; SIS Act for RSE definitions; Prudential Standard SPS 310 and Auditing Standards for auditor work) increasing interpretive work (paras 17, 10).","Five separate reporting tables with distinct primary key fields and overlapping field sets (Tables 1–5 in SRF 552.0).","Detailed field‑level constraints and classification requirements (counterparty identifiers, instrument types, issuer/counterparty sector types using Appendix A).","Mandatory auditor limited‑assurance procedures tied to professional standards and SPS 310 (para 10) — requires coordination between reporting teams and external auditors.","APRA discretion to change reporting frequency or due dates for particular entities and to make minor variations to forms (paras 6, 15) introduces conditional routes and exceptions.","Electronic submission, digital certificate signature, and agent submission/retention rules (paras 9, 12–14) add operational and compliance steps.","Reference to national‑accounts rules (SNA 2008) for market valuation and reporting basis adds technical valuation rules to implementers (Reporting basis section).","Repetition and duplicated text in the instrument increases reading overhead and risk of overlooking a single authoritative clause."],"plain_english_summary":"**What this instrument does (mechanics)\n\n- APRA has created a mandatory reporting standard (SRS 552.0) requiring registrable superannuation entities (RSEs), defined benefit RSEs and pooled superannuation trusts (PSTs) to submit detailed data about securities held under repurchase/resale agreements and securities lending/borrowing. (See Application, para 3.)\n\n- The standard requires quarterly electronic submissions using APRA's channel, with the first reporting period the quarter ending 30 September 2025. The first due date is 15 December 2025; thereafter reports are due 40 calendar days after each quarter-end. (See Reporting periods, para 5.)\n\n- The reporting package is a fixed form (SRF 552.0) composed of five tables: (1) securities under repo/stock‑loan arrangements; (2) collateral related to those arrangements; (3) securities‑lending program summary; (4) collateral per lending program; and (5) reinvestment of cash collateral. Each table lists the fields to be supplied (counterparty identifiers, instrument types, issuer/counterparty sector type using Appendix A codes, market values in whole dollars, program sizes, etc.). (See Reporting Form SRF 552.0 and tables.)\n\n- Submissions must be produced from systems and controls that the RSE auditor has reviewed and tested, at least annually and in a limited-assurance engagement in line with auditing standards and Prudential Standard SPS 310. (See Quality control, para 10.)\n\n- Each electronic submission must be digitally signed by an authorised officer or agent and retained if submitted by an agent. Authorisation must come from the RSE licensee's CEO or CFO. (See Authorisation, paras 12–14.)\n\n- APRA may change reporting frequency or deadline for particular entities by written notice and may make minor non‑substantive alterations to forms and instructions (with notification). APRA exercise of discretion must be in writing. (See Notices, paras 6–8; Minor alterations, paras 15–16; para 19.)\n\n\nWho this affects\n\n- Primary: RSE licensees reporting for each RSE, defined benefit RSE and PST within their business operations — they must collect, validate, authorise and submit the data. (Application, para 3; Reporting level.)\n- Secondary: RSE auditors, who must review and provide limited assurance over reporting systems and controls. (Quality control, para 10.)\n- Data users: APRA (prudential supervision and publication), the Australian Bureau of Statistics (national accounts) and potentially ASIC. (Purpose, para 2.)\n\n\nWhy it matters (purpose claims and practical implications)\n\n- APRA states the purpose is to support prudential supervision and public reporting and to supply data for the ABS national accounts; ASIC may also use the information. That is the explicit claimed use. (Purpose, para 2.)\n\n- Mechanically, the rule expands the routine data APRA collects about repos and securities‑lending activity across the superannuation sector. The standard requires itemised counterparty identifiers, sector/issuer types (using Appendix A), instrument types and market values for multiple related tables, plus program‑level disclosures for securities lending and reinvestment of cash collateral. (Reporting Form SRF 552.0.)\n\n\nCosts, incentives and trade‑offs (concrete mechanisms)\n\n- Who pays: RSE licensees fund the implementation — IT changes, data mapping, ongoing extraction and validation, auditor time for limited assurance, and process controls to meet APRA's authorisation and retention requirements (paras 9–14, 10). These are recurring compliance costs tied to quarterly reporting.\n\n- Who decides and where discretion sits: APRA sets the form and submission method, may alter reporting frequency for individual entities and may make minor form changes (paras 6, 15). That centralised discretion concentrates decision power with APRA over reporting detail and timing.\n\n- Behaviour change required: RSEs must (a) capture and map counterparty identifiers consistently across periods; (b) classify counterparties and issuers to APRA's Appendix A categories; (c) calculate and report market values (including accrued interest where required by SNA rules); (d) maintain process controls and digital signature workflows; and (e) obtain auditor review in the specified assurance format (paras 5, Reporting basis, para 10, paras 12–14).\n\n- Data quality vs. cost trade‑off: The standard pushes for higher granularity (counterparty IDs, instrument and issuer types, collateral breakdown and reinvestment details). That raises the quality and usefulness of APRA/ABS datasets at the expense of increased reporting effort and audit coverage for reporting entities.\n\n- Concentrated benefits vs. diffuse costs: The principal benefits (richer supervisory and national‑accounts data for APRA/ABS/ASIC) accrue to regulators and users of public statistics; costs are diffuse across reporting RSEs (IT, controls, auditor fees). Entities heavily active in repo/lending will face larger compliance loads.\n\n- Compliance and implementation risks: Smaller RSEs or PSTs with limited in‑house data systems may need third‑party service providers or significant system changes. Mapping to Appendix A codes and consistently applying internal identifiers for counterparties introduces operational risk (data mismatch, duplicate keys). Auditor reliance on limited assurance engagements creates timing and scope risks for initial filings (para 10).\n\n\nImplementation and operational details to note\n\n- Electronic submission only via APRA's method (para 9) and digital signing by a certificate acceptable to APRA (para 12).\n- First reporting quarter is 30 Sep 2025 with first due date 15 Dec 2025; subsequent reports are due 40 calendar days after quarter‑end (para 5).\n- APRA may give extensions or change frequency in writing; any such notice sets the new due dates (paras 6–8).\n- APRA can make minor, non‑substantive form changes and must notify affected RSE licensees (paras 15–16).\n\n\nSummary sentence\n\nThis instrument obliges RSE licensees to provide APRA with regular, itemised data on repos and securities‑lending activity (counterparties, instruments, collateral and reinvestment of cash collateral), enforces auditor review and digital authorisation, and centralises APRA's ability to adjust timing and forms; the principal trade‑off is improved supervisory and national‑accounts data at the expense of recurring compliance, systems and auditor costs for reporting funds (see paras 2–5, 9–14)."},"kimi_summary":{"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":false,"description":"This is a new reporting standard (SRS 552.0) with a specific, focused scope on securities repurchase/resale and lending/borrowing activities. It does not represent scope creep from prior legislation but rather a targeted data collection for prudential supervision and national accounts purposes. The scope aligns with the original intent of the Financial Sector (Collection of Data) Act 2001."},"complexity_factors":["Multiple nested reporting tables (5 distinct tables with different primary keys and data structures)","Cross-references to external standards including SRS 101.0, SIS Act, SPS 310, and SNA 2008","Complex defined terms requiring reference to other legislation (e.g., RSE, defined benefit RSE, PST definitions in SIS Act)","Conditional reporting logic: 'non-look through basis' with specific exceptions for internal trusts and wholly-owned subsidiaries","Dual accounting frameworks: commercial accounting consolidation rules vs national accounting (SNA 2008) consolidation concepts","Multiple valid value lists requiring reference to Appendix A (not fully reproduced in the instrument)","Quality control requirements involving external audit assurance standards","Specific data validation rules (e.g., primary key constraints, text field limits of 100 characters)","Timing variations possible through APRA notices (paragraphs 6-8)","Agent reporting requirements with specific authorisation and retention obligations"],"plain_english_summary":"APRA’s new reporting standard requires RSE licensees (standard RSEs, defined benefit funds and PSTs) to submit quarterly, electronically-signed reports from September 2025 on repurchase agreements and securities lending/borrowing, including collateral and cash reinvestment details. First report due 15 December 2025, reports due 40 days after quarter-end and reviewed annually by an RSE auditor.\n\nAPRA, the ABS and ASIC will use the data for prudential oversight, national accounts and regulatory monitoring."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2025/documents"}}