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Financial Sector (Collection of Data) (reporting standard) determination No. 87 of 2023
Application and commencementApplication and commencement
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Application and commencement
- This Reporting Standard applies to a parent entity of a Level 2 insurance group as defined in Prudential Standard GPS 001 Definitions (GPS 001). This reporting standard does not apply if the Level 2 insurance group is not required to prepare general purpose financial statements in accordance with AASB 17 Insurance Contracts. This Reporting Standard applies for reporting periods ending on or after 1 January 2025. The parent entity of a Level 2 group is required to ensure that each requirement in this Reporting Standard is complied with.