Commonwealth legislation

Australian Prudential Regulation Authority (confidentiality) determination No 1 of 2017

In ForceCTH

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

APRA (by delegate) declares that data ADIs supply under Reporting Standards ARS 731.1, ARS 731.3A, ARS 731.3B and ARS 731.4 is not confidential and may be published under the APRA Act once at least 14 days have passed from the date the ADI was required to provide it. This affects authorised deposit‑taking institutions (ADIs), who face the risk of their reported international banking data being published, and gives APRA authority to release those non‑confidential statistics.

JSON API

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Australian Prudential Regulation Authority (confidentiality) determination No 1 of 2017.

Australian Prudential Regulation Authority (confidentiality) determination No 1 of 2017

View image in the official source

Australian Prudential Regulation Authority (confidentiality) determination

No 1 of 2017

Information provided by ADIs under Reporting Standard ARS 731.1, ARS 731.3A, ARS 731.3B and ARS 731.4

Australian Prudential Regulation Authority Act 1998

I, Katrina Ellis, a delegate of APRA, under paragraph 57(2)(b) of the Australian Prudential Regulation Authority Act 1998, DETERMINE that information contained in a reporting document described in the Schedule does not contain confidential information.

This determination has effect on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.

Note: The effect of this determination is that the non-confidential information may be published under subsection 56(5C) of the Australian Prudential Regulation Authority Act.

Dated: 08 August 2017

[Signed]

_____________________

Katrina Ellis

General Manager

Data Analytics

Interpretation

In this determination:

ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.

APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.

ARS 731.1 means Reporting Standard ARS 731.1 International Banking Statistics – Locational Data, or another reporting standard in substantially the same terms replacing it, made under section 13 of the Financial Sector (Collection of Data) Act 2001.

ARS 731.3A means Reporting Standard ARS 731.3A International Banking Statistics – Immediate and Ultimate Risk Exposures – Domestic Entity, or another reporting standard in substantially the same terms replacing it, made under section 13 of the Financial Sector (Collection of Data) Act 2001.

ARS 731.3B means Reporting Standard ARS 731.3B International Banking Statistics – Immediate and Ultimate Risk Exposures – Foreign Entity, or another reporting standard in substantially the same terms replacing it, made under section 13 of the Financial Sector (Collection of Data) Act 2001.

ARS 731.4 means Reporting Standard ARS 731.4 International Banking Statistics – Balance Sheet Items, or another reporting standard in substantially the same terms replacing it, made under section 13 of the Financial Sector (Collection of Data) Act 2001.

reporting document means a reporting document within the meaning of section 13 of the Financial Sector (Collection of Data) Act 2001.

Schedule

Reporting documents covered by this determination

This determination applies to information given to APRA, under the following reporting standards, where a period of at least 14 days has elapsed from the date ADI was required to provide the information specified in the relevant reporting standard.

ARS 731.1
ARS 731.3A
ARS 731.3B
ARS 731.4

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Australian Prudential Regulation Authority (confidentiality) determination No 1 of 2017