Instruction GuideInstruction Guide

Instruction Guide

Completion of SRF 310.2 Derivative Financial Instruments

This form must be completed on an annual basis by all trustees of Small APRA Funds (SAFs) and Single Member Approved Deposit Funds (SMADFs).

Trustees of superannuation entities that invest only in PSTs are not required to complete SRF 310.1 Selected Disclosure of Investments or SRF 310.2 Derivative Financial Instruments in respect of the superannuation entity. These forms can be left blank as D2A recognises blanks as zeros; however they are still required to be submitted as part of the annual return. Trustees of superannuation entities holding Investments in PSTs that have a value of more than 5% of total assets, will be required to report on SRF 320.0 Exposure Concentrations.

If a superannuation entity has no items to disclose, the form can be left blank as D2A recognises blanks as zeros; however it is still required to be submitted as part of the annual return.

Note: All forms included in the SRF 300 series should be submitted together as an annual return, not individually as separate forms.

Purpose

This form collects information on derivative financial instrument exposure of a superannuation entity. The information requested in this form is required by APRA.

Lodgement and validation of SRF 310.2 Derivative Financial Instruments

Lodgement and authentication codes

This form must be completed and lodged to APRA by a corporate or natural ‘person’ (trustee director or administrator), and not by the superannuation entity as the entity is not a ‘person’.

Once SRF 310.2 Derivative Financial Instruments has been completed and submitted to APRA, an authentication code is generated in D2A from information entered into the form. The authentication code and date submitted appear in the footer of each page of the return (‘return’ equates to all 8 forms). Any change of information entered or resubmission of the return will result in a change to the authentication code. The authentication codes and date submitted should be used by auditors to determine that the four forms audited (SRF 300.0 Statement of Financial Performance, SRF 310.0 Statement of Financial Position, SRF 320.0 Exposure Concentrations and SRF 330.0 Transactions with Associated Parties) have been submitted.

A receipt indicating successful lodgement of the return will be provided via email. There may be a slight delay in a receipt being provided if the submission is made in the last week of October. Do not resubmit your return however, as the receipt will be generated.

Validation and calculation of totals

When data is entered into the form, the total balances (in the greyed out cells) will not be calculated automatically. The total items will only calculate when the form is validated. Clicking on the word 'validate' in the top left hand corner of the screen and selecting ‘OK’ will result in the total items being calculated and the validation rules appearing for review.