1Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2020

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Australian Prudential Regulation Authority instrument fixing charges No. 2 of 2020

Approval of ADIs’ applications with respect to the RBA’s Committed Liquidity Facility - Calendar Year 2019

Australian Prudential Regulation Authority Act 1998

I, Stephen Brian Matthews, a delegate of APRA, under paragraphs 51(1)(a) and (b) of the Australian Prudential Regulation Authority Act 1998 FIX the charges specified in the attached Schedule of charges in respect of the specified services provided by, and applications made to, APRA.

This instrument commences on the date of registration on the Federal Register of Legislation under the Legislation Act 2003.

Dated: 05 June 2020

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Stephen Brian Matthews

Executive Director

Interpretation

In this instrument

ADI is short for authorised deposit-taking institution and has the meaning given in section 5 of the Banking Act 1959.

APRA means the Australian Prudential Regulation Authority.

RBA means the Reserve Bank of Australia

Schedule of charges

Review of applications made to APRA under Attachment A, paragraph 17 of Prudential Standard APS 210 – Liquidity

<table cellspacing="0" cellpadding="0" style="width:484pt; margin-left:5.4pt; border-collapse:collapse"><thead><tr><td style="width:132.25pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">C</span><span style="font-weight:bold; text-decoration:underline">olumn 1</span></p><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold">Nature of s</span><span style="font-weight:bold">ervices</span><span style="font-weight:bold"> and applications</span><span style="font-weight:bold"> for which the charge is imposed</span></p></td><td style="width:74.25pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 2</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">Amount of the charge</span><a id="_ftnref1"></a><a href="#_ftn1" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[1]</span></a><span style="font-weight:bold"> </span><a id="_ftnref2"></a><a href="#_ftn2" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[2]</span></a><span style="font-weight:bold"> </span><a id="_ftnref3"></a><a href="#_ftn3" style="text-decoration:none"><span class="FootnoteReference" style="font-size:7.67pt; font-weight:bold; color:#000000">[3]</span></a></p></td><td style="width:145.15pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 3</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">Person required to pay the charge</span></p></td><td style="width:88.4pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-bottom:6pt; font-size:11.5pt"><span style="font-weight:bold; text-decoration:underline">Column 4</span></p><p style="margin-top:6pt; font-size:11.5pt"><span style="font-weight:bold">When the charge is to be paid</span></p></td></tr><tr style="height:14.25pt"><td rowspan="4" style="width:132.25pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; font-size:11.5pt"><span>Review of applications made to APRA under Attachment A, paragraph 17 of </span><span style="font-style:italic">Prudential Standard APS 210 – Liquidity</span><span> made under subsection 11AF(1) of the </span><span style="font-style:italic">Banking Act 1959</span><span> and assessment and determination of appropriate size of Committed Liquidity Facility (CLF) sought by ADIs and offered by the RBA.</span></p></td><td style="width:74.25pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$11,000</span></p></td><td style="width:145.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:3.91pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing the size of the CLF that may be recognised for LCR purposes is estimated to be “10 or less”</span></li></ul></td><td rowspan="4" style="width:88.4pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:6pt; font-size:11.5pt"><span>14 days after receipt of APRA’s invoice for the charge.</span></p><p style="margin-top:6pt; font-size:11.5pt"><span>The invoice may be issued at any time after this instrument</span><span> commences</span><span>.</span></p></td></tr><tr style="height:14.25pt"><td style="width:74.25pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$16,500</span></p></td><td style="width:145.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:7.71pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing the size of the CLF that may be recognised for LCR purposes is estimated to be “between 11 and 15 (inclusive)”</span></li></ul></td></tr><tr style="height:14.25pt"><td style="width:74.25pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$33,000</span></p></td><td style="width:145.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:7.71pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing the size of the CLF that may be recognised for LCR purposes is estimated to be “between 16 and 30 (inclusive)”</span></li></ul></td></tr><tr style="height:14.25pt"><td style="width:74.25pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="margin-top:6pt; margin-bottom:3pt; font-size:11.5pt"><span>$88,000</span></p></td><td style="width:145.15pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><ul style="margin:0pt; padding-left:0pt"><li class="Header" style="margin-top:6pt; margin-left:10.29pt; margin-bottom:3pt; padding-left:7.71pt; font-family:serif; font-size:11.5pt"><span style="font-family:'Times New Roman', serif">Payable by ADIs where the number of APRA days assessing the size of the CLF that may be recognised for LCR purposes is estimated to be “between 31 and 80 (inclusive)”</span></li></ul></td></tr></thead></table>