Reporting periods and due datesReporting periods and due dates

Reporting periods and due dates

6. Subject to paragraph 7 of this Reporting Standard, Lloyd’s must provide the information required by this Reporting Standard in respect of each calendar half-year (i.e. the periods ending 30 June and 31 December each year).

7. APRA may, by notice in writing, change the reporting periods, or specify reporting periods, to require Lloyd’s to provide the information required by this Reporting Standard more frequently, or less frequently, or in respect of reporting periods based upon a Lloyd’s underwriter’s own accounting financial year for that part of the information required by this Reporting Standard relating to that underwriter, having regard to:

(a) the particular circumstances of Lloyd’s or a Lloyd’s underwriter; and

(b) the extent to which the information is required for the purposes of the prudential supervision of Lloyd’s or a Lloyd’s underwriter.

8. The information required by this Reporting Standard must be provided to APRA:

(a) in the case of half-yearly information, by no later than four months after the end of the reporting period; or

(b) in the case of information provided in accordance with paragraph 7, within the time specified by notice in writing,

or such later time as APRA may determine in writing. APRA may determine a later time in writing in relation to the whole of the information required by this Reporting Standard, or in relation to part of the information required by this Reporting Standard to the extent that it relates to a particular class of Lloyd’s underwriters, or in relation to part of the information required by this Reporting Standard to the extent that it relates to one or more Lloyd’s underwriters named in the determination (to the extent that APRA may permit the late submission of part of the information required by this Reporting Standard).