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APRA publishes update to FAQs on the Superannuation Data Transformation project

The Australian Prudential Regulation Authority (APRA) has published an update to an existing frequently asked question (FAQ) for the Superannuation Data Transformation (SDT) project.

The updated FAQ makes reference to APRA’s approach to the revocation of superannuation reporting standards.

The SDT FAQs are available on the APRA website at: Frequently Asked Questions - Superannuation Data Transformation.

Superannuation Data Transformation

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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.