APRA adds 18 non-confidential super data areas to be published

21 May 2015
| By Jassmyn |
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The Australian Prudential Regulation Authority (APRA) has determined 18 more non-confidential superannuation data points to be published in its two super statistics report, following its on-going consultations on data confidentiality.

In its letter to all registrable superannuation entity (RSE) licensees on Wednesday, APRA said it has made a decision on the confidentiality of almost all data proposed to be determined non-confidential in its November 2013 discussion paper.

APRA noted that it still has not made a decision to not determine non-confidential on certain data reported in respect to defined benefit funds and sub-funds, data pertaining to investment holdings and the breakdown of movements in directly and indirectly held investments, and other data that may enable derivation of the Operational Risk Financial Requirement (ORFR), such as the detail of reserve movements.

"APRA has also not determined non-confidential data reported on self-insurance, acquired insurance, services, and securities lending," the letter said.

APRA said it may determine data to be non-confidential if "APRA considers that the benefit to the public from the disclosure of [the data] outweighs any detriment to commercial interests that the disclosure may cause".

The changes will be revised in its March 2015 Quarterly Superannuation Performance Statistics, and its Quarterly MySuper Statistics reports that were released today.

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