Reporting Form SRF 551.2

Liquidity Event Trigger Metrics Or Indicators

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 551.2 Liquidity Event Trigger Metrics Or Indicators (SRF 551.2). This form collects information on the liquidity trigger metrics or indicators at the RSE level and at the investment option level based on the RSE licensee’s liquidity management policy. This form also collects information when any of the liquidity trigger metrics or indicators have been exceeded during the reporting period.

General directions and notes

Reporting level

SRF 551.2 must be completed for each RSE, defined benefit RSE and pooled superannuation trust (PST).

Reporting tables

Tables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

The Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.

Reporting basis and unit of measurement

Report all items on SRF 551.2 in accordance with the Australian Accounting Standards, except where otherwise specified.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee may use those AUD exchange rates that it judges to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns submitted to APRA.

Amounts in SRF 551.2 are to be reported as whole dollars. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.

Items on SRF 551.2 must be reported as at the end of the reporting period, or, if an RSE licensee is submitting ad-hoc information, as at the date of the change.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1: Liquidity Event Trigger Metrics Or Indicators

Instructions

Report the liquidity trigger metric or indicator as defined in the RSE licensee’s liquidity management policy.

SRF 551.2 Table 1 must be completed for the following types of investment options within an RSE, defined benefit RSE or PST:

 investment options which underlie a MySuper Product;

 investment options with a Liquidity Provider Type of ‘Liquidity Provider’ as reported in Table 1 of Reporting Form SRF 605.1 Investment Option Transaction and Pricing Attributes (SRF 605.1) for the same reporting period;

 investment options with actual allocation of 20% or more to unlisted assets as reported in Table 2 of Reporting Form SRF 550.0 Asset Allocation (SRF 550.0) and with an investment value of at least $50 million. For the purposes of reporting in this form, unlisted assets include Unlisted Property, Unlisted Infrastructure, Unlisted Equity, Unlisted Alternatives and Private Debt;

 investment options with a 100% benchmark allocation to Investment Strategic Sector Type of ‘Cash’ as reported in Table 1 of SRF 550.0 and with an investment value of at least $50 million; and

 investment options with a liquidity trigger metric or indicator that was exceeded during the reporting period.

The following types of investment options are excluded from SRF 551.2 Table 1:

 investment options which are permitted to be aggregated in Table 3 of SRF 605.0;

 investment options which are reported on SRF 605.0 under investment option category Annuity; and

 investment options which solely underlie products with the Superannuation Product Category Type of ‘Insurance Only’ or ‘Whole of Life or Endowment’.