[F13. Definitions and general instructions for the purposes of the LE reporting U.K.
11. ‘ Group of connected clients ’ is defined in Article 4(1)(39) of CRR. U.K.
12. ‘ Unregulated financial sector entities ’ are defined in Article 142(1)(5) of CRR. U.K.
13. ‘ Institutions ’ is defined in Article 4(1)(3) of CRR U.K.
14. Exposures to ‘ civil-law associations ’ shall be reported. In addition, institutions shall add the credit amounts of the civil-law association to the indebtedness of each partner. Exposures towards civil law associations featuring quotas shall be divided or allocated to the partners according to their respective quotas. Certain constructions (e.g. joint accounts, communities of heirs, straw-man loans) working in fact civil law associations have to be reported just like them. U.K.
15. Assets and off balance sheet items shall be used without risk weights or degrees of risk in accordance to Article 389 of CRR. Specifically, credit conversion factors shall not be applied to off balance sheet items. U.K.
16. ‘Exposures’ are defined in Article 389 of CRR. U.K.
any asset or off-balance sheet items in the non-trading and trading book including items set out in Article 400 of CRR, but excluding items which fall under effect of points (a) to (d) of Article 390(6) of CRR.
‘indirect exposures’ are those exposures allocated to the guarantor or to the issuer of the collateral rather than to the immediate borrower in accordance with Article 403 of CRR. The definitions here may not differ in any possible respect from the definitions provided in the basic act. ]