Get a plain-English read of Reporting periods and due dates

Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 1 of 2023.

Reporting periods and due dates

Subject to paragraph 8, an ADI to which this Reporting Standard applies must provide the information required by this Reporting Standard in respect of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.
APRA may, by notice in writing, vary the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:

(i) the particular circumstances of the ADI;

(ii) the extent to which the information is required for the purposes of the prudential supervision of the ADI; or

(iii) the requirements of the Reserve Bank of Australia or the Australian Bureau of Statistics.

9. The information required by this Reporting Standard must be provided to APRA in accordance with the table below. The right hand column of the table sets out the number of business days after the end of the reporting period to which the information relates, within which information must be submitted to APRA by an ADI in each of the classes set out in the same row in the left hand column.

Class of ADI	Number of business days
Bank – Advanced or Applicant Advanced	30
Bank – Standardised	20
Branch of a Foreign Bank	Not applicable
Building Society	15
Credit Union	15
Provider of Purchased Payment Facilities	Not applicable
Other ADI[1]	20

APRA may grant an ADI an extension, in writing, of a due date, in which case the new due date for the provision of the information will be the date on the notice of extension.