Proposed changes to due dates of ADI quarterly reporting
The Australian Prudential Regulation Authority (APRA) has commenced consultation on a proposal to standardise due dates for ADI quarterly forms.
On 8 November 2019, APRA commenced consultation on a proposed standardisation of quarterly reporting due dates for authorised deposit-taking institutions (ADIs).
The proposed standardised due date is 35 calendar days after the last day of the reference quarter, which will create a 14 calendar day extension for credit unions and building societies.
APRA’s goal is to streamline the data collection process for APRA and ADIs alike, with a resulting reduction in the reporting burden, most notably for smaller ADIs.
Information on how to respond is contained in the consultation letter below.
Submissions close on 7 February 2020.
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.