APRA publishes additional FAQs on the Superannuation Data Transformation Phase 1 reporting standards
The Australian Prudential Regulation Authority (APRA) has published additional frequently asked-questions (FAQs) on the Superannuation Data Transformation (SDT) Phase 1 reporting standards to clarify historical data requirements.
In today's publication APRA has made a correction to Historical Data FAQ 1.0 and published six additional FAQs to provide further guidance to registrable superannuation entity licensees on the reporting standards for Phase 1 of the SDT project.
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.