Financial Sector (Collection of Data) (reporting standard) determination No. 32 of 2006 - Reporting Standard ARS 330.1 - Interest Income and Interest Expense
Objective of this reporting standardObjective of this reporting standard
Start here
Get a plain-English read of Objective of this reporting standard
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 32 of 2006 - Reporting Standard ARS 330.1 - Interest Income and Interest Expense.
Objective of this reporting standard
This reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. It requires all authorised deposit-taking institutions, including foreign authorised deposit-taking institutions operating in Australia through branch operations, to report to APRA, generally on a quarterly basis, in relation to their interest income and interest expense.
This reporting standard outlines the overall requirements for the provision of relevant information to APRA. It should be read in conjunction with the versions of Form ARF 330.1 Interest Income and Interest Expense designated for a ‘Licensed ADI’ and ‘Consolidated Group’ and the associated instructions (all of which are attached and form part of this reporting standard)