The Australian Prudential Regulation Authority (APRA) has granted an extension to the annual reporting periods for the Economic and Financial Statistics (EFS) data collection reporting forms completed by registered financial corporations (RFCs).
RFCs that are currently required to report annual data as at 31 December will now be able to submit their report by the RFC's respective financial year end.
APRA is making these changes to reduce and streamline RFCs' reporting burden in direct response to feedback received through industry forums and from entities.
Entities are encouraged to contact APRA with any queries on this reporting arrangement at DataAnalytics@apra.gov.au
Copies of the letter are available on the APRA website at Modernised Economic and Financial Statistics (EFS) Data Collection - Annual reporting extension.