APRA published a list of the latest Direct to APRA (D2A) validation rules for authorized deposit-taking institutions and insurers. The insurers include superannuation, general insurance, life insurance, private health insurance, and registered financial entities, along with the unauthorized foreign insurers. APRA uses validation rules within D2A to validate the data submitted by reporting entities.
All APRA-reporting entities, including APRA-regulated and registered financial entities, submit data to APRA via D2A. APRA uses validation rules within D2A to validate these data. Entities are expected to correct any reporting errors identified by these rules. The list of derivation rules used to generate values in calculated cells in D2A forms are also available. Derivation rules are formulas that automatically calculate (derive) values for attributes, in most cases using the values for other attributes as inputs.
Keywords: Asia Pacific, Australia, Banking, Insurance, D2A, Validation Rules, Derivation Rules, Reporting, APRA
Previous ArticleEBA Publishes Standards on the Specification of an Economic Downturn
BIS and BoE launched the BIS Innovation Hub Center in London, which is the fourth new Innovation Hub Centre to be opened in the past two years.
ESRB published recommendations on the reciprocation of macro-prudential measures in Belgium, France, Luxembourg, Norway, and Sweden.
EC published the Delegated Regulation 2021/931, which supplements the Capital Requirements Regulation (CRR or Regulation 575/2013) with regard to the regulatory technical standards specifying the method for identifying derivative transactions with one or more than one material risk driver.
BCBS is consulting on preliminary proposals for the prudential treatment of cryptoasset exposures of banks.
EBA issued a revised list of validation rules under the implementing technical standards on supervisory reporting.
BIS Innovation Hub, BDF, and SNB announced that, together with a private-sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currency (wCBDC) for cross-border settlement.
ESAs published two amended implementing technical standards on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs).
EBA published revised guidelines on major incident reporting under the Payment Service Directive (PSD2).
BCBS updated the year-end and annual average exchange rates in context of the global systemically important bank (G-SIB) assessment exercise.
HKMA issued a circular informing the industry about its intention to revise the target effective dates for the revised frameworks on credit risk, operational risk, output floor, leverage ratio, market risk, and credit valuation adjustment risk.