After removing ARF 722 from the scope of the Economic and Financial Statistics (EFS) requirements, APRA has released an updated version of the reporting standard for consultation. Although in many aspects the requirements remain materially unchanged, the regulators did address some of the industries concerns regarding the overlap with other reporting obligations (e.g. Form 90).
We have summarised ARF 722 key requirements in the following infographic.
The consultation period closes on 18 June 2019.
Do you need to know how ARF 722 impacts your organisation? Set up a meeting with one of our APRA reporting experts today.