APRA released version 6 of the electronic data submission system Direct to APRA (D2A), with the entities required to upgrade to this new version by March 31, 2021. The new version contains a number of security updates and performance enhancements; these include integration of myGovID authentication, increased memory resulting in quicker processing of submissions, better business rule validations and error checks, and updated branding. APRA also updated the D2A Help Guide, for use by the regulated and non-regulated financial entities to fulfil the reporting obligations to APRA.
In the new D2A version, entities will be able to view all previous submissions. Using D2A, organizations electronically connect with APRA to securely download, complete, and submit financial data forms. D2A allows entities to:
- Download the latest forms required to meet their reporting obligations
- Complete forms by using manual data entry or by importing data from XBRL files
- Open XBRL instances of forms (version 2.0 or 2.1)
- Perform validation checks to ensure data conforms to business rules
- Perform test submissions to ensure data meets validation rules
- Submit data, retrieve previously submitted data, and amend and resubmit forms, if required
Keywords: Asia Pacific, Australia, Banking, Reporting, D2A, Validation Checks, myGovID, Data Collection, APRA
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