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Part Objective of this Reporting Standard - Financial Sector (Collection of Data) (reporting standard) determination No. 124 of 2023 - Objective of this Reporting Standard | Zoe

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Home/Legislation/Financial Sector (Collection of Data) (reporting standard) determination No. 124 of 2023/Objective of this Reporting Standard

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Financial Sector (Collection of Data) (reporting standard) determination No. 124 of 2023

Objective of this Reporting StandardObjective of this Reporting Standard

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Objective of this Reporting Standard

This Reporting Standard sets out requirements for the provision of information to APRA relating to a life insurer’s reconciliations of insurance contract liabilities required by AASB 17 Insurance Contracts.

It includes associated specific instructions and must be read in conjunction with Reporting Standard LRS 001 Reporting Requirements (LRS 001), including the general instruction guide.

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