Federal Register of Legislation
Financial Sector (Collection of Data) (reporting standard) determination No. 2 of 2015
Reporting Standard SRS 114.0 Operational Risk Financial Requirement
Financial Sector (Collection of Data) Act 2001
I, Charles Littrell, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901:
(a) REVOKE Financial Sector (Collection of Data) (reporting standard) determination No. 64 of 2013, including Reporting Standard SRS 114.0 Operational Risk Financial Requirement made under that Determination; and
(b) DETERMINE Reporting Standard SRS 114.0 Operational Risk Financial Requirement, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 3 of the reporting standard.
Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities, and the revoked reporting standard shall cease to apply, on 1 July 2015.
This instrument commences on the date of registration on the Federal Register of Legislative Instruments.
Dated: 10 June 2015
[Signed]
Charles Littrell Executive General Manager Policy, Statistics and International Division
Interpretation
In this Determination:
APRA means the Australian Prudential Regulation Authority.
financial sector entity has the meaning given by section 5 of the Act.
Schedule
Reporting Standard SRS 114.0 Operational Risk Financial Requirement comprises the 13 pages commencing on the following page.
Reporting Standard SRS 114.0
Operational Risk Financial Requirement
Objective of this Reporting Standard 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.
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