What does ARF stand for in APRA?

2.7 ARF 720.6: ABS/RBA Securities Issued. 67. 2.8 ARF 720.7: ABS/RBA Bill Acceptances and Endorsements. 69. 2.9 ARF 721.0A/B: ABS/RBA Repurchase Agreements and Securities Lending (Option A) /

What is an APRA code?

The APRA Code of Conduct outlines the standards we expect our people to meet as an employee or contractor providing goods or services to APRA. It describes how APRA employees should conduct themself at all times, and is underpinned by our values and our regulatory mandate under the APRA Act.

What are APRA prudential standards?

APRA’s prudential framework Prudential Standards: These set out APRA’s minimum requirements in relation to capital, governance and risk management (although in most cases APRA doesn’t specify exactly how those outcomes must be achieved). They are legally binding, and APRA-regulated entities must comply with them.

What does APRA require banks to report on?

APRA requires ADIs to report term deposits with financial institutions on the following forms: ARF 320.0 Statement of Financial Position (Domestic Books) in Section A Assets item 1.7 Cash and Liquid Assets – Due from financial Institutions. The appropriate subcategory should be used (i.e. 1. RBA or central banks, 2.

What does ARF stand for in banking?

An option available to you at retirement is to invest your pension fund in an Approved Retirement Fund (ARF). ARFs are special investment funds which can give you increased flexibility in terms of how you use your pension fund after retirement. With an ARF you manage and control your pension fund.

What is ARF reporting?

The Asset Reporting Format (ARF) is a data model to express the transport format of information about assets, and the relationships between assets and reports. The standardized data model facilitates the reporting, correlating, and fusing of asset information throughout and between organizations.

What is APRA or RSA?

If you’ve got an account with a retail or industry super fund, you should put an X in the first box where it says ‘The APRA fund or retirement savings account (RSA)’. All superannuation funds are regulated under APRA, and therefore called an ‘APRA fund’. RSAs are grouped together with APRA funds on this form.

How do I register with APRA?

APRA’s licensing process

Step 1 – Early contact with APRA.
Step 2 – Lodge an application.
Step 3 – Assessment.
Step 4 – Post licensing.
Frequently Asked Questions.

What is prudential insurance now called?

They are now one company – The Canada Life Assurance Company™.

Are banks regulated by APRA?

APRA oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurers, private health insurers, friendly societies, and a large part of the superannuation industry.

How do I report to APRA?

If you are from an APRA supervised institution, contact your APRA Responsible Supervisor. All other users should contact APRA on 1300 558 849 or email [email protected]

Is APRA a statutory authority?

The Australian Prudential Regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance and superannuation and promotes financial system stability in Australia.

What forms are included in form ARF 323?

It includes Reporting Form ARF 323.0 Statement of Financial Position (Licensed ADI) and the associated specific instructions.

What forms are included in the ARF 748 form?

It includes Reporting Form ARF 748.0A ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard) and Reporting Form ARF 748.0B ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced) and the associated specific instructions.

What is the ARF 111 form for capital adequacy?

It includes Form ARF 111.0 Fair Values and associated instructions and should be read in conjunction with Prudential Standard APS 110 Capital Adequacy and Prudential Standard APS 111 Capital Adequacy: Measurement of Capital.

What is the APRA reporting standard for debt securities held?

This Reporting Standard outlines the requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s or registered financial corporation’s debt securities held. It includes Reporting Form ARF 720.4 ABS/RBA Debt Securities Held and the associated specific instructions.