Financial Sector (Collection of Data) determination No. 43 of 2005
Quality controlQuality control
Start here
Get a plain-English read of Quality control
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 43 of 2005.
Quality control
-
Information required under this reporting standard is not required to be audited or tested by the auditor of the superannuation entity.
-
The information provided by a trustee under this reporting standard must be the product of processes and controls developed by the trustee for the internal review and authorisation of that information. It is the responsibility of the trustee to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.