Diskette-Lodgement-System

A significant number of life insurance returns are required on APRA's Excel based diskette lodgement system. As part of the release of Version 6 of the APRA Life Insurance Diskette Lodgement System (DLS) revised for International Financial Reporting Standards (IFRS), on 13 January 2006 APRA issued the revised quarterly and half-yearly returns under DLS as part of stage one of the release.

On 15 March 2006 APRA released the revised DLS incorporating the quarterly, half-yearly and annual returns under Prudential Rules No 26 - Collection of Statistics and Prudential Rules No 35 - Financial Statements. This version (Version 6) of the DLS effectively replaced the DLS issued in January.

These changes follow APRA's consultation with industry regarding the adoption of IFRS by life insurers to prudential reporting.

The following documents were sent as part of the releases (PDF format, click here for instructions) :

15/03/2006 Release of DLS (Version 6) incorporating revised annual forms
Letter to CEOs advising updated version of diskette system (122 kb)
Consisting of:
• Cover letter to CEOs (41 kb)
• Attachment A: List of annual, half-yearly and quarterly forms (16 kb)
• Attachment B: DLS installation instructions (20 kb)
• Attachment C: Reporting checklist (46 kb)
• Attachment D: Instructions for reporting foreign currency translation reserves (14 kb)
• Attachment E: Template for reporting compliance with prudential capital requirement (13 kb)
13/01/2006 Release of DLS (Version 6) for quarterly and half-yearly forms
Letter to CEOs advising of release of diskette system (112 kb)

Revised due dates for 31 December 2005 returns under PR 26 and PR 35

Following the recent changes to the returns under Prudential Rules No 26 - Collection of Statistics and Prudential Rules No 35 - Financial Statements reflecting the adoption of IFRS, the first return collections under IFRS for periods ending 31 December 2005 have a general extension of six weeks. For further information, please see, revised due dates for 31 December 2005 returns under PR 26 and PR 35.