nothing

A statutory financial statement is a financial statement of an insurance company prepared in accordance with statutory accounting standards.

Its an accounting software that focuses on Statutory Accounting, Its been bought out by MYOB and is no longer being developed.
http://www.computerworld.com.au/article/116270/myob_solution_6_merge

Statutory means it is required by Law. Regulatory means it is required my regulatory bodies such as the FSA in Great Britain and Northern Ireland.

This defines the statutory reason for the department existence