APRA announces APRA Connect go live date
17 December 2020 - APRA has announced that APRA Connect will be implemented by September 2021. This project, which started back in 2018, will see a new data collection web-portal being introduced in a phased approach from September 2021 onwards. However, the current system (D2A) will also remain in place for an extended period as APRA will progressively start new collections in APRA Connect in line with industry consultations.
The first regulatory data collections to be introduced in APRA Connect at the September 2021 go live will be the Private Health Insurance (PHI) Reform (HRS 605.0) and Superannuation Data Transformation collections.
All entities will be responsible for maintaining entity information, such as contact details, responsible persons and related parties (including Banking Executive Accountability Regime (BEAR) reporting for Authorised Deposit-taking Institutions (ADIs)) on APRA Connect.
APRA will make a test environment available from the end of June 2021 .