Medical defence organisations
The Financial Sector (Collection of Data) Act 2001 provides APRA with the power to determine reporting standards (which are disallowable instruments) for financial sector entities. Financial sector entities include those to which section 5A of the Act applies, namely medical defence organisations (MDOs).
APRA determined reporting standards that established a reporting framework for MDOs which took effect on 30 June 2007.
In October 2016, APRA ceased its data collection from Medical Defence Organisations following consultation with the industry.
Previous reporting framework
From 30 May 2014, all APRA-reporting institutions must use AUSkey to submit returns via D2A. All existing APRA-issued digital certificates that have not already expired by 30 May 2014 will no longer be valid on or after 30 May 2014.
APRA-reporting institutions that do not have an AUSkey must complete the AUSkey acknowledgement process to enable submission of returns via D2A using AUSkey. Please refer to the D2A page on APRA’s website for further details on how to enable submission via D2A using AUSkey.