Financial Sector (Collection of Data) (reporting standard) determination No. 2 of 2018
3Application and commencement
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Application and commencement
- This Reporting Standard applies to all authorised deposit-taking institutions (ADI) with the exception of:
(a) providers of purchased payment facilities (PPFs); and
(b) subject to paragraph 4 of this Reporting Standard, foreign ADIs.
This Reporting Standard may also apply to the authorised non-operating holding company (NOHC) of an ADI (refer to paragraph 6).
- If APRA considers that a foreign ADI undertakes material residential mortgage lending in Australia, APRA may, by notice, apply this Reporting Standard to that ADI and such a notice may specify that some or all of the requirements in this Reporting Standard apply to that ADI.
APRA may, by notice, vary or revoke a notice given under this paragraph 4 having regard to:
(a) the particular circumstances of the ADI; and
(b) the extent to which information is required for the purposes of the prudential supervision of the ADI.
- This Reporting Standard applies:
(a) in the case of locally-incorporated ADIs to which Reporting Standard ARS 320.8 Housing Loan Reconciliation (ARS 320.8) applies, for reporting periods ending on or after 31 March 2018; or
(b) in the case of all other locally-incorporated ADIs, for reporting periods ending on or after 30 September 2018; or
(c) in the case of a foreign ADI to which paragraph 4 of this Reporting Standard applies, for reporting periods ending after the date the applicable notice under paragraph 4 is given.
Information required
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If an ADI to which this Reporting Standard applies is part of a Level 2 group, the ADI must provide APRA with the information required by ARF 223.0 at Level 2 for each reporting period unless the ADI is a subsidiary of an authorised NOHC. If the ADI is a subsidiary of an authorised NOHC, the ADI’s immediate parent NOHC must provide APRA with the information required by ARF 223.0, for each reporting period. In doing so, the immediate parent NOHC must comply with this Reporting Standard as if it were the relevant ADI.
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If an ADI to which this Reporting Standard applies is not part of a Level 2 group, the ADI must provide APRA with the information required by ARF 223.0 at Level 1.
Method of submission
- The information required by this Reporting Standard must be given to APRA in electronic format using the ‘Direct to APRA’ application, or by a method notified by APRA prior to submission.
Note: the ‘Direct to APRA’ application software (also known as ‘D2A’) may be obtained from APRA.