{"id":"F2026L00020","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2026","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":107618,"registerId":"commonwealth-F2026L00020-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2026","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 7 of 2026\n\nRevocation of Reporting Standard SRS 722.0 ABS Derivatives Schedule\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) and subsection 33(3) of the Acts Interpretation Act 1901, revoke Financial Sector (Collection of Data) (reporting standard) determination No. 44 of 2015, including Reporting Standard SRS 722.0 ABS Derivatives Schedule made under that determination.\n\nUnder section 15 of the Act, I DECLARE that the revoked reporting standard shall cease to apply on the day after this instrument is registered on the Federal Register of Legislation.\n\nThis instrument commences on the day after it is registered on the Federal Register of Legislation.\n\nDated: 13 January 2026\n\nAndrew Robertson\n\nGeneral Manager – Chief Data Officer\n\nTechnology and Data Division\n\nInterpretation\n\nIn this Determination:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nFederal Register of Legislation means the register established under section 15A of the Legislation Act 2003.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1385},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument serves a narrow, singular purpose: revoking a specific 2015 reporting standard. It does not expand or alter the scope of the Financial Sector (Collection of Data) Act 2001; it simply removes one specific reporting requirement without adding new obligations."},"complexity_factors":["Single operative action (revocation only)","Only 2 defined terms in interpretation section","No conditional logic, exceptions, or procedural requirements","Document length is less than one page","No substantive amendments—only removal of existing standard"],"plain_english_summary":"**What this does:** This document officially cancels (revokes) a previous reporting rule called **Reporting Standard SRS 722.0 ABS Derivatives Schedule**, which required financial institutions to report data about derivatives (financial contracts whose value is based on underlying assets) to the Australian Bureau of Statistics (ABS).\n\n**Who it affects:** Banks, insurers, and other financial institutions that were previously required to submit data under the old 2015 reporting standard.\n\n**What it means:** Once this document is registered (the day after registration), financial institutions are no longer legally required to comply with the ABS Derivatives Schedule reporting obligations. This removes a specific data collection burden, though other reporting requirements may still apply."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-7-of-2026/documents"}}