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Financial Sector (Collection of Data) (reporting standard) determination No. 32 of 2016 - Reporting standard RRS 392.0 - Housing Finance
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 32 of 2016 - Reporting standard RRS 392.0 - Housing Finance.
| Objective of this reporting standardThis reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. It applies to relevant registered entities. In general terms these are entities described in the Schedule to this reporting standard.Subject to what follows, this reporting standard requires a relevant registered entity to give APRA monthly statements in relation to housing finance.However, if there are two or more relevant registered entities of the same category[1] in a group of related bodies corporate (e.g. two or more money market corporations in the group), then only one of them is required to give APRA a statement in relation to housing finance in any given month. That statement must cover all relevant registered entities of the same category in the group.This reporting standard outlines the overall requirements for the provision of the required information to APRA. It should be read in conjunction with:• Form RRF 392.0.1 Housing Finance in NSW;• Form RRF 392.0.2 Housing Finance in VIC;• Form RRF 392.0.3 Housing Finance in QLD;• Form RRF 392.0.4 Housing Finance in SA;• Form RRF 392.0.5 Housing Finance in WA;• Form RRF 392.0.6 Housing Finance in TAS;• Form RRF 392.0.7 Housing Finance in NT;• Form RRF 392.0.8 Housing Finance in ACT; andthe instructions to those forms, all of which are attached and form part of this reporting standard. |
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