CTHRepealedLegislation
Financial Sector (Collection of Data) determination No. 13 of 2005
Objective of this reporting standardObjective of this reporting standard
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Objective of this reporting standard
This reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 (the Collection of Data Act). It requires general insurers (insurers), including foreign general insurers (foreign insurers) operating in Australia through branch operations, to report to APRA, generally on a quarterly and annual basis, their derivative activity and risk charge.
This reporting standard outlines the overall requirements for the provision of this information to APRA. It should be read in conjunction with:
- the versions of Form GRF 160.0 Derivative Activity and Risk Charge (Form GRF 160.0) designated for a ‘Licensed Insurer’ and ‘Consolidated Insurance Group’ and the associated instructions (which are attached and all form part of this reporting standard); and
- Prudential Standard GPS 110 Capital Adequacy for General Insurers and Guidance Notes GGN 110.1, GGN 110.2, GGN 110.3, GGN 110.4 and GGN 110.5.