FAR implementation for insurance and superannuation entities
The Financial Accountability Regime (FAR) will commence for insurers, their licensed non-operating holding companies (NOHCs), and superannuation trustees from 15 March 2025.
This page contains key materials to support the insurance and superannuation industries with the implementation of the FAR.
Regulator engagement and support for insurance and superannuation entities
The timeline below provides indicative dates of proposed industry engagements and the support available leading up to FAR commencement.
View an accessible version of this timeline.
Invitations, containing a link for registration, will be sent to entities closer to the engagement dates. Entities are encouraged to submit questions to FAR@apra.gov.au ahead of these sessions.
FAR submissions in APRA Connect
The table below outlines the time periods during which FAR information is to be submitted to the Regulators.
| APRA Connect FAR form | Submission period* |
|---|---|
| FAR Entity Profile form | 18 November – 20 December 2024 |
| FAR Register Accountable Person form | 13 – 22 February 2025 |
| FAR Accountability Map form (for enhanced entities only) | 15 March – 14 April 2025 |
* The registration and accountability map submission periods are set by legislation.
Insurance and superannuation entities should not lodge any draft documentation prior to formal submissions leading up to commencement.
Guidance materials for insurance and superannuation entities
The following guidance materials are available to support insurance and superannuation entities prepare for FAR commencement and provide the required information to the Regulators:
- Information paper – Financial Accountability Regime: Information for accountable entities;
- Letter to insurance and superannuation entities – Preparing for commencement;
- Response letter to the March 2024 consultation on the Regulator rules amendment instrument, available via the FAR consultation page;
- Accountability statement guidance and template for entities subject to the FAR enhanced notification obligations;
- FAR reporting form instruction guides, available for each APRA Connect FAR form; and
- Videos, providing a walkthrough of each of the FAR forms, will be made available via the FAR presentations page.
Single point of contact
Please direct any queries or requests to the Regulators’ FAR@apra.gov.au mailbox.
Any personal information submitted to this mailbox will be handled in accordance with APRA’s Privacy Policy and FAR Privacy Collection Notice, both available on APRA’s website.