The Australian Prudential Regulation Authority (APRA) confirms that the new data collection solution, APRA Connect, will go live on 13 September 2021 and recognises the contributions of industry in reaching this important milestone.
All entities need to prepare for APRA Connect and nominate their initial Regulatory Reporting Administrator via the D2A form (RRA_PROD: APRA Connect nomination for 13 September go live) in readiness for launch.
APRA Connect can be accessed at https://connect.apra.gov.au from 13 September 2021.
In response to feedback on APRA Connect’s auto-submission functionality for data returns APRA has introduced an optional approval step in the form of a validation rule (a warning) prior to submission of a completed data return. Entities may elect to activate the rule for all data returns. Currently this rule only applies to the Superannuation Data Transformation collection and Private Health Insurance HRF 605.0 return. See more information about what this means for users and how to request the rule to be applied.
See more information on getting ready for APRA Connect.