Consultation

EFS consultation archive: January 2017 – July 2018

APRA requests feedback from interested stakeholders on proposed updates to the modernised Economic and Financial Statistics (EFS) data collection reporting standards and guidance.
Banking
Closed
14 June 2018
Reporting
Last Updated 14 June 2018

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Previous updates

Updated reporting standards

Reporting standard

Reporting Standard ARS 720.6 ABS/RBA Securities on Issue 

Clean version: 

Marked-up version:

Reporting Standard ARS 721.0 ABS/RBA Repurchase Agreements and Securities Lending

Clean version:

Reporting Standard ARS 723.0 ABS/RBA Margin Lending
Reporting Standard ARS 730.0 ABS/RBA Statement of Financial Performance
Reporting Standard ARS 730.1 ABS/RBA Fees Charged​
Reporting Standard ARS 747.0 ABS/RBA Deposit Stocks, Flows and Interest Rates

EFS engagement

 

Updated reporting practice guide

Updated reporting practice guide

Reporting Practice Guide RPG 702.0 ABS/RBA Data Quality for the EFS Collection

Clean version: 

Marked-up version:

 

Discussion paper

Definitions standard and guidance

Quality standard and guidance

Proposed reporting standards

Proposed reporting forms

Proposed reporting standard

Note: amended to remove monthly reporting requirements.

Plain English Taxonomy (PET) 

Updated reporting standards

Reporting Standard ARS 720.6 ABS/RBA Securities on Issue

Reporting Standard ARS 721.0 ABS/RBA Repurchase Agreements and Securities Lending
Reporting Standard ARS 723.0 ABS/RBA Margin Lending
Reporting Standard ARS 730.0 ABS/RBA Statement of Financial Performance
Reporting Standard ARS 730.1 ABS/RBA Fees Charged​
Reporting Standard ARS 747.0 ABS/RBA Deposit Stocks, Flows and Interest Rates

Updated reporting standards

Reporting Standard ARS 701.0 ABS/RBA Definitions
Reporting Standard ARS 720.0 ABS/RBA Statement of Financial Position
Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases​
Reporting Standard ARS 720.2 ABS/RBA Deposits ​
Reporting Standard ARS 720.3 ABS/RBA Intra-group Assets and Liabilities ​
Reporting Standard ARS 720.4 ABS/RBA Debt Securities Held ​
Reporting Standard ARS 720.5 ABS/RBA Equity Securities Held
Reporting Standard ARS 720.6 ABS/RBA Securities on Issue
Reporting Standard ARS 720.7 ABS/RBA Bill Acceptances and Endorsements
Reporting Standard ARS 721.0 ABS/RBA Repurchase Agreements and Securities Lending
Reporting Standard ARS 723.0 ABS/RBA Margin Lending  
Reporting Standard ARS 730.0 ABS/RBA Statement of Financial Performance
Reporting Standard ARS 730.1 ABS/RBA Fees Charged​
Reporting Standard ARS 741.0 ABS/RBA Business Finance
Reporting Standard ARS 742.0 ABS/RBA Business Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 743.0 ABS/RBA Housing Finance​
Reporting Standard ARS 744.0 ABS/RBA Housing Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 745.0 ABS/RBA Personal Finance​
Reporting Standard ARS 746.0 ABS/RBA Personal Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 747.0 ABS/RBA Deposit Stocks, Flows and Interest Rates
Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates

Reporting practice guide 

 

Reporting standard

Definitions standard and guidance 

Reporting Standard ARS 701.0 ABS/RBA Definitions

Draft reporting standards

Note: Includes relevant form(s) and instructions

Reporting Standard ARS 720.0 ABS/RBA Statement of Financial Position
Reporting Standard ARS 720.1 ABS/RBA Loans and Finance Leases​
Reporting Standard ARS 720.2 ABS/RBA Deposits ​
Reporting Standard ARS 720.3 ABS/RBA Intra-group Assets and Liabilities ​
Reporting Standard ARS 720.4 ABS/RBA Debt Securities Held ​
Reporting Standard ARS 720.5 ABS/RBA Equity Securities Held
​Reporting Standard ARS 720.6 ABS/RBA Securities on Issue
​Reporting Standard ARS 720.7 ABS/RBA Bill Acceptances and Endorsements
Reporting Standard ARS 721.0 ABS/RBA Repurchase Agreements and Securities Lending
Reporting Standard ARS 723.0 ABS/RBA Margin Lending  
Reporting Standard ARS 730.0 ABS/RBA Statement of Financial Performance ​
Reporting Standard ARS 730.1 ABS/RBA Fees Charged​
​Reporting Standard ARS 741.0 ABS/RBA Business Finance
Reporting Standard ARS 742.0 ABS/RBA Business Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 743.0 ABS/RBA Housing Finance​
Reporting Standard ARS 744.0 ABS/RBA Housing Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 745.0 ABS/RBA Personal Finance​
Reporting Standard ARS 746.0 ABS/RBA Personal Credit Stocks, Flows and Interest Rates
Reporting Standard ARS 747.0 ABS/RBA Deposit Stocks, Flows and Interest Rates
​Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates

About this consultation

Modernised economic and financial statistics

APRA requests feedback from interested stakeholders on proposed updates to the modernised Economic and Financial Statistics (EFS) data collection reporting standards and guidance.

The Economic and Financial Statistics (EFS) collection – previously informally known as the Domestic Books collection – will be administered on behalf of the ABS and the RBA by APRA in its role as national statistical agency for the financial sector. It consists of data collected from authorised-deposit-taking institutions (including banks, building societies and credit unions) and registered financial corporations. The data collected will be used to compile key macroeconomic indicators for Australia, for analysis and policy purposes by economic policy makers, and to meet Australia’s international reporting obligations. This has been a large scale and complex project, involving considerable collaboration between the three agencies and the industry.

The new collection will be implemented in a phased approach, with the first phase commencing in March 2019. APRA, the ABS and the RBA will be publishing data from the new collection during 2019. More information on changes to individual agencies’ publications will be published on the relevant agency’s website.

For more information read the EFS frequently asked questions.

Recent updates:

  • Proposed changes to Modernised Economic and Financial Statistics (EFS) reporting standards and guidance - On 25 August APRA requested feedback from interested stakeholders on proposed updates to the modernised Economic and Financial Statistics (EFS) data collection reporting standards and guidance. APRA responded on 29 January.
  • Consultation on proposed ARS 722.0 ABS/RBA Derivatives Data Collection - On 18 November, following a consultation period, APRA released a response to submissions on draft Reporting Standard ARS 722.0 ABS/RBA Derivatives.
  • Consultation on proposed changes to reporting and prudential standards resulting from modernised economic and financial statistics data collection implementation - On 19 June 2019, APRA released a response letter on consequential amendments to a number of authorised deposit-taking institution (ADI) prudential and reporting standards resulting from the implementation of the modernised Economic and Financial Statistics (EFS) data collection and introduction of the new Accounting Standard AASB 9 Financial Instruments (AASB 9). 

Consultations

Note on submissions

It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.

Submissions may be the subject of a request for access made under the Freedom of Information Act 1982 (FOIA). APRA will determine such requests, if any, in accordance with the provisions of the FOIA. Information in the submission about any APRA-regulated entity that is not in the public domain and that is identified as confidential will be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt from production under the FOIA.