APRA publishes additional FAQs on Phase 1 of the Superannuation Data Transformation project
The Australian Prudential Regulation Authority (APRA) has published additional frequently asked questions (FAQs) on the Superannuation Data Transformation (SDT) reporting standards.
In today's publication, APRA has published three new FAQs to provide further guidance to registrable superannuation entity licensees on the reporting standards for Phase 1 of the SDT project. APRA has also updated one existing FAQ.
The FAQs are available on the APRA website at: Frequently Asked Questions - Superannuation Data Transformation.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.