FAR timeline for insurance and superannuation entities

The Financial Accountability Regime (FAR) will commence for insurers, their licensed non-operating holding companies (NOHCs), and superannuation trustees from 15 March 2025.

The timeline below provides indicative dates of proposed industry engagements and the support available leading up to FAR commencement.

  • 6 Mar 2024: FAR Minister rules released
  • 14 Mar 2024: Release of guidance materials for all industries; and letter to insurance and superannuation entities 
  • 11 Jul 2024: Release of final information package including final Regulator rules and updated guidance materials
  • Q3-Q4 2024: Webinars with insurance and superannuation industries, and videos on how to complete APRA Connect FAR forms
  • 18 Nov – 20 Dec 2024: FAR Entity Profile submission window, supported by an APRA Connect FAR drop-in session
  • 13-22 Feb 2025: Register Accountable Persons submission window, supported by an APRA Connect FAR drop-in session
  • 15 Mar 2025: FAR commences for insurance and superannuation entities

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