Overview
A new legislative instrument, the Financial Sector (Collection of Data) (reporting standard) determination No. 12 of 2026, has been registered on the Federal Register of Legislation. The instrument was made under the Financial Sector (Collection of Data) Act 2001 by the Department of Treasury.
The instrument is described as a reporting standard, meaning it sets out data that certain financial sector entities are required to report to the regulator. The source page confirms the instrument's title, administering department, and in-force status, but does not specify which entities are covered, what data must be reported, or any dollar thresholds or reporting deadlines.
Status
The instrument was registered on 2 November 2026 and is already in force.
Key actions
- Visit https://www.legislation.gov.au/F2026L01470 to view the full legislative instrument and explanatory statement for the actual reporting requirements.
- If operating in the financial sector, check with a bookkeeper or compliance adviser whether this reporting standard applies to the relevant entity type.
- Use the 'Set up an alert' or 'Save this title to My Account' feature on the Register page to track any future changes to this standard.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.