Reporting standard ARS 114.0 Standardised Approach – Operational Risk

Financial Sector (Collection of Data) Act 2001

I, Wayne Stephen Byres, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901 DETERMINE Reporting Standard ARS 114.0 Standardised Approach – Operational Risk in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 2 of the reporting standard.

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities on the later of 1 April 2008 and the date of registration of this instrument on the Federal Register of Legislative Instruments.

Dated 4th February 2008

[Signed]

Wayne Byres

Executive General Manager

Diversified Institutions Division

Interpretation

In this Determination

APRA means the Australian Prudential Regulation Authority.

Federal Register of Legislative Instruments means the register established under section 20 of the Legislative Instruments Act 2003.

Schedule

Reporting Standard ARS 114.0 Standardised Approach – Operational Risk comprises the 16 pages commencing on the following page.