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114

Operational Risk Financial Requirement

SPS
114
SPG
114
SRS
114.0
SRS
114.1
Prudential Standards (1)
In Force
In effect from 1 July 2013
This Prudential Standard establishes requirements for an RSE licensee to maintain adequate financial resources to address losses arising from operational risks that may affect registrable superannuation entities within its business operations.
Guidance (1)
Current
July 2013
The Superannuation Industry (Supervision) Act 1993 (SIS Act) requires an RSE licensee to maintain and manage, in accordance with the prudential standards, financial resources to cover the operational risk that relates to each RSE within its business operations.1 Prudential Standard SPS 114 Operational Risk Financial Requirement (SPS 114) establishes requirements relating to these financial resources.  |  File type: PDF  |  File size: 243.54 KB
Reporting Standards (2)
In Force
In effect from 1 July 2015
This Reporting Standard sets out the requirements for the provision of information to APRA relating to the operational risk financial requirement for an RSE licensee. It includes Form SRF 114.0 Operational Risk Financial Requirement and associated specific instructions and must be read in conjunction with Prudential Standard SPS 114 Operational Risk Financial Requirement.
In Force
In effect from 1 July 2013
This Reporting Standard sets out the requirements for the provision of information to APRA relating to the operational risk financial requirement (ORFR) of an RSE licensee including any reserves held to meet the ORFR. It includes Form SRF 114.1 Operational Risk Financial Requirement and associated specific instructions and must be read in conjunction with Prudential Standard SPS 114 Operational Risk Financial Requirement.