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APRA publishes updates to FAQs on the Superannuation Data Transformation project

The Australian Prudential Regulation Authority (APRA) has published 11 additional frequently asked questions (FAQs) on the Superannuation Data Transformation (SDT) reporting standards.

In today's publication, APRA released additional FAQs to provide further guidance to registrable superannuation entity licensees on the amendments to reporting standards finalised in APRA's 3 March 2023 response to consultation on minor amendments.

The FAQs are available on the APRA website at: Frequently Asked Questions - Superannuation Data Transformation.

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.