Financial Sector (Collection of Data) determination No. 69 of 2005 - Reporting Standard ARS 113.1 (2005) - Repricing Analysis
Consolidated ADI groupConsolidated ADI group
Start here
Get a plain-English read of Consolidated ADI group
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 69 of 2005 - Reporting Standard ARS 113.1 (2005) - Repricing Analysis.
Consolidated ADI group
This refers to the global operations of the ADI and all its controlled entities (where relevant), consolidated in accordance with Australian accounting standards (AASB 1024).
‘Controlled entity’, ‘parent entity’. These terms are defined in accordance with AASB 1024 ‘Consolidated Accounts’.
The basis of consolidation required in this form is in accordance with the prudential Consolidated ADI Group. The prudential consolidated group should also be determined in accordance with Australian accounting standards, notably AASB 1024 ‘Consolidated Accounts’ with the following modifications:
(1) Include the following:
- all controlled banking entities, securities entities and other financial entities (e.g. finance companies, money market corporations, stockbrokers and leasing companies.
(2) Exclude subsidiary entities involved in the following business activities:
- insurance businesses (including friendly societies and health funds);
- acting as manager, responsible entity, approved trustee, trustee or similar role in relation to funds management or the securitisation of assets; and
- non-financial (commercial) operations.