Proposed changes to modernised Economic and Financial Statistics (EFS) reporting standards and guidance

October 2021

On 19 October 2021, APRA released a response to submissions on the authorised deposit-taking institution Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases.

APRA, the Australian Bureau of Statistics and the Reserve Bank of Australia have updated ARS 720.1 to correctly align it with the final version of Prudential Standard APS 220 Credit Risk Management (APS 220) released in December 2019.

The response letter, clean and marked up versions of the reporting standard and non-confidential submission can be found below:

Letter

Reporting Standard ARS 720.1 - Response to submissions on changes to accurately represent revisions to APS 220.

Reporting Standard

Reporting Standard	Marked up	Clean
ARS 720.1	Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases - marked up PDF 607.6 KB Published 19 October 2021	Reporting Standard ARS 720.1ABSRBA Loans and Finance Leases - clean PDF 611.94 KB Published 19 October 2021

Non-confidential submissions

Submission: Australian Banking Association September 2021 PDF 83.16 KB

Published 19 October 2021

August 2021

Release of letter on further updates to Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases

On 11 August 2021, APRA released a consultation on its proposed changes to Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases (ARS 720.1).

APRA's proposal intends to accurately align ARS 720.1 with the latest version of Prudential Standard APS 220 Credit Risk Management (APS 220) released in December 2019.

The consultation letter and the clean and marked up versions of ARS 720.1 are available below:

Letter to ADIs: Reporting standard ARS 720.1 - Consultation on changes to accurately represent revisions to APS 220.

Reporting Standard	Clean version	Marked up version
ARS 720.1	Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases - Clean PDF 1.67 MB Published 11 August 2021	Reporting Standard ARS 720.1 ABSRBA Loans and Finance Leases - Marked up PDF 1.74 MB Published 11 August 2021

November 2021

Response to submissions

On 24 November 2020, APRA released a response to submissions on updates to the modernised Economic and Financial Statistics (EFS) data collection reporting standards and guidance.

The response letter, the clean and marked up versions of the reporting standards and guidance can be found below:

Response letter

Response to submissions: Proposed changes to modernised Economic and Financial Statistics (EFS) reporting standards and guidance

Reporting standards

Reporting Standard	Clean version	Marked up version
ARS 701.0	ARS 701.0 ABSRBA Definitions - Clean PDF 829.29 KB Published 24 November 2020	ARS 701.0 ABSRBA Definitions - marked up PDF 512.4 KB Published 24 November 2020
RRS 710.0	RRS 710.0 ABSRBA Audit Requirements for Registered Financial Corporation... - Clean PDF 48.91 KB Published 24 November 2020	RRS 710.0 ABSRBA Audit Requirements for Registered Financial Corporation... - marked up PDF 83.82 KB Published 24 November 2020
ARS 720.0	ARS 720.0 ABSRBA Statement of Financial Position - Clean PDF 829.78 KB Published 24 November 2020	ARS 720.0 ABSRBA Statement of Financial Position - Marked up PDF 511.94 KB Published 24 November 2020
ARS 720.1	ARS 720.1 ABSRBA Loans and Finance Leases - Clean PDF 546.57 KB Published 24 November 2020	ARS 720.1 ABSRBA Loans and Finance Leases - Marked up PDF 347.77 KB Published 24 November 2020
ARS 720.2	ARS 720.2 ABSRBA Deposits - Clean PDF 268.81 KB Published 24 November 2020	ARS 720.2 ABSRBA Deposits - Marked up PDF 185.7 KB Published 24 November 2020
ARS 720.3	ARS 720.3 ABSRBA Intra-group Assets and Liabilities - Clean PDF 169.2 KB Published 24 November 2020	ARS 720.3 ABSRBA Intra-group Assets and Liabilities - marked up PDF 119.91 KB Published 24 November 2020
ARS 720.4	ARS 720.4 ABSRBA Debt Securities Held - Clean PDF 229.02 KB Published 24 November 2020	ARS 720.4 ABSRBA Debt Securities Held - marked up PDF 143.92 KB Published 24 November 2020
ARS 720.5	ARS 720.5 ABSRBA Equity Securities Held - Clean PDF 168.27 KB Published 24 November 2020	ARS 720.5 ABSRBA Equity Securities Held - marked up PDF 130.02 KB Published 24 November 2020
ARS 720.6	ARS 720.6 ABSRBA Securities on Issue - Clean PDF 110.17 KB Published 24 November 2020	ARS 720.6 ABSRBA Securities on Issue - marked up PDF 120.75 KB Published 24 November 2020
ARS 720.7¹	ARS 720.7 ABSRBA Bill Acceptances and Endorsements - Clean PDF 106.98 KB Published 24 November 2020	n/a - see footnote below
ARS 721.0	ARS 721.0 ABSRBA Repurchase Agreements and Securities Lending - Clean PDF 397.16 KB Published 24 November 2020	ARS 721.0 ABSRBA Repurchase Agreements and Securities Lending - marked up PDF 381.62 KB Published 24 November 2020
ARS 722.0	ARS 722.0 ABSRBA Derivatives - Clean PDF 201.94 KB Published 24 November 2020	ARS 722.0 ABSRBA Derivatives - marked up PDF 248.9 KB Published 24 November 2020
ARS 723.0¹	ARS 723.0 ABSRBA Margin Lending - Clean PDF 362.58 KB Published 24 November 2020	n/a - see footnote below
ARS 730.0	ARS 730.0 ABSRBA Statement of Financial Performance - Clean PDF 263.84 KB Published 24 November 2020	ARS 730.0 ABSRBA Statement of Financial Performance - marked up PDF 143.43 KB Published 24 November 2020
ARS 730.1	ARS 730.1 ABSRBA Fees Charged - Clean PDF 208.05 KB Published 24 November 2020	ARS 730.1 ABSRBA Fees Charged - marked up PDF 117.22 KB Published 24 November 2020
ARS 741.0	ARS 741.0 ABSRBA Business Finance - Clean PDF 239.08 KB Published 24 November 2020	ARS 741.0 ABSRBA Business Finance - marked up PDF 213.73 KB Published 24 November 2020
ARS 742.0	ARS 742.0 ABSRBA Business Credit Stocks, Flows and Interest Rates - Clean PDF 1.54 MB Published 24 November 2020	ARS 742.0 ABSRBA Business Credit Stocks, Flows and Interest Rates - marked up PDF 455.97 KB Published 24 November 2020
ARS 743.0	ARS 743.0 ABSRBA Housing Finance - Clean PDF 246.07 KB Published 24 November 2020	ARS 743.0 ABSRBA Housing Finance - marked up PDF 235.54 KB Published 24 November 2020
ARS 744.0	ARS 744.0 ABSRBA Housing Credit Stocks, Flows and Interest Rates - Clean PDF 463.87 KB Published 24 November 2020	ARS 744.0 ABSRBA Housing Credit Stocks, Flows and Interest Rates - marked up PDF 308.99 KB Published 24 November 2020
ARS 745.0	ARS 745.0 ABSRBA Personal Finance - Clean PDF 111.37 KB Published 24 November 2020	ARS 745.0 ABSRBA Personal Finance - marked up PDF 123.01 KB Published 24 November 2020
ARS 746.0	ARS 746.0 ABSRBA Personal Credit Stocks, Flows and Interest Rates - Clean PDF 169.62 KB Published 24 November 2020	ARS 746.0 ABSRBA Personal Credit Stocks, Flows and Interest Rates - marked up PDF 217.59 KB Published 24 November 2020
ARS 747.0	ARS 747.0 ABSRBA Deposit Stocks, Flows and Interest Rates - Clean PDF 332.14 KB Published 24 November 2020	ARS 747.0 ABSRBA Deposit Stocks, Flows and Interest Rates - marked up PDF 329.58 KB Published 24 November 2020
ARS 748.0	ARS 748.0 ABSRBA Wholesale Funding Stocks, Flows and Interest Rates - Clean PDF 289.68 KB Published 24 November 2020	ARS 748.0 ABSRBA Wholesale Funding Stocks, Flows and Interest Rates PDF 297.9 KB Published 24 November 2020

Reporting practice guide

RPG 701.0 Reporting Guidance - ABSRBA Reporting Concepts for the EFS Collection PDF 1.45 MB

Published 24 November 2020

RPG 701.0 Reporting Guidance - ABSRBA Reporting Concepts for the EFS Collection - Marked up PDF 1.51 MB

Published 24 November 2020

Footnote

¹ No changes were made to ARS 720.7 and ARS 723.0 from the versions currently in effect.

August 2020

Consultation Announcement

APRA requests feedback from interested stakeholders on proposed updates to the modernised Economic and Financial Statistics (EFS) data collection reporting standards and guidance. The proposed changes are to: add guidance provided by frequently asked questions into reporting standards and guidance, ensure sufficient coverage of authorised deposit-taking institutions and registered financial corporations for publications, and to formalise deferral of collection dates.

Written submissions are requested by 25 September 2020.

Consultation Letter

Proposed changes to Modernised Economic and Financial Statistics (EFS) reporting standards and guidance letter

Draft reporting standards

Draft reporting practice guide

Draft RPG 701.0 Reporting Guidance - ABSRBA Reporting Concepts - clean PDF 4.79 MB

Published 25 August 2020

Draft RPG 701.0 Reporting Guidance - ABSRBA Reporting Concepts - marked up PDF 2.11 MB