Assets, liabilities, equity, income and expenses that are recognised by the institution.
Off-balance sheet exposures and activities in which the institution is involved.
Transactions performed by the institution.
Valuation rules, including methods for the estimation of allowances for credit risk, applied by the institution.
‘IAS regulation’ refers to Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards.
‘IAS’ or ‘IFRS’ refers to the ‘International Accounting Standards’, as defined in Article 2 of the ‘IAS regulation’ that has been adopted by the Commission in accordance with the aforementioned ‘IAS regulation’.
‘ECB BSI Regulation’ or ‘ECB/2008/32’ refers to Regulation of the European Central Bank of 19 December 2008 concerning the balance sheet of monetary financial institutions sector (recast).
‘NACE Regulation’ refers to REGULATION (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No 3037/90 as well as certain EC Regulations on specific statistical domains.
‘BAD’ refers to COUNCIL DIRECTIVE of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions (86/635/EEC).
‘4th Directive’ refers to FOURTH COUNCIL DIRECTIVE of 25 July 1978 based in Article 54(3)(g) of the Treaty on the annual accounts of certain types of companies (78/660/EEC).
‘National GAAP’ means national accounting frameworks developed under BAD.
‘SME’ refers to COMMISSION RECOMMENDATION of 6 May 2003 concerning definition of micro, small and medium-sized enterprises (2003/361/EC).
‘ISIN code’ means the International Securities Identification Number assigned to securities, composed of 12 alphanumeric characters, which uniquely identifies a securities issue.
‘LEI code’ means the global Legal Entity Identifier assigned to entities, which uniquely identifies a party to a financial transaction.
‘Annex V’ refers to the cited Part of Annex V of this Regulation.
Institutions may be permitted or required to apply the equity method to investments in insurance and non-financial subsidiaries in accordance with article 18.5 of the CRR.
Institutions may be permitted to use the proportional consolidation method for financial subsidiaries in accordance with article 18.2 of the CRR.
Institutions may be required to use the proportional consolidation method for investment in joint ventures in accordance with article 18.4 of the CRR.
‘Financial assets held for trading’,
‘Financial assets designated at fair value through profit or loss’,
‘Available-for-sale financial assets’,
‘Loans and Receivables’,
‘Held-to-maturity investments’.
‘Trading financial assets’,
‘Non-trading non-derivative financial assets measured at fair value through profit or loss’,
‘Non-trading non-derivative financial assets measured at fair value to equity’,
‘Non-trading debt instruments measured at a cost-based method’, and
‘Other non-trading non-derivative financial assets’.
‘Financial liabilities held for trading’,
‘Financial liabilities designated at fair value through profit or loss’,
‘Financial liabilities measured at amortised cost’.
‘Trading financial liabilities’, and
‘Non-trading non-derivative financial liabilities measured at a cost-based method’.
Central banks.
General governments: central governments, state or regional governments, and local governments, including administrative bodies and non-commercial undertakings, but excluding public companies and private companies held by these administrations that have a commercial activity (which shall be reported under ‘non-financial corporations’); social security funds; and international organisations, such as the European Community, the International Monetary Fund and the Bank for International Settlements.
Credit institutions: banks and multilateral banks.
Other financial corporations: all financial corporations and quasi-corporations other than credit institutions such as investment firms, investment funds, insurance companies, pension funds, collective investment undertakings, and clearing houses as well as remaining financial intermediaries and financial auxiliaries.
Non-financial corporations: corporations and quasi-corporations not engaged in financial intermediation but principally in the production of market goods and non-financial services according to the ECB BSI Regulation.
Households: individuals or groups of individuals as consumers, and producers of goods and non financial services exclusively for their own final consumption, and as producers of market goods and non financial and financial services provided that their activities are not those of quasi-corporations. Non-profit institutions which serve households and which are principally engaged in the production of non-market goods and services intended for particular groups of households are included.
‘Interest income’;
‘Interest expense’;
‘Dividend income’;
‘Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net’;
‘Impairment or (–) reversal of impairment on financial assets not measured at fair value through profit or loss’.
‘On demand (call) and short notice (current account)’ include balances receivable on demand (call), at short notice, current accounts and similar balances which may include loans that are overnight deposits for the borrower, regardless of their legal form. It also includes ‘overdrafts’ that are debit balances on current account balances.
‘Credit card debt’ includes credit granted either via delayed debit cards or via credit cards [ECB BSI Regulation].
‘Trade receivables’ include loans to other debtors granted on the basis of bills or other documents that give the right to receive the proceeds of transactions for the sale of goods or provision of services. This item includes all factoring transactions (both with and without recourse).
‘Finance leases’ include the carrying amount of finance lease receivables. Under IFRS or compatible National GAAP, ‘finance lease receivables’ are as defined in IAS 17.
‘Reverse repurchase loans’ include finance granted in exchange for securities bought under repurchase agreements or borrowed under securities lending agreements.
‘Other term loans’ include debit balances with contractually fixed maturities or terms that are not included in other items.
‘Advances that are not loans’ include advances that cannot be classified as ‘loans’ according to the ECB BSI Regulation. This item includes, among others, gross amounts receivable in respect of suspense items (such as funds that are awaiting investment, transfer, or settlement) and transit items (such as cheques and other forms of payment that have been sent for collection).
‘Mortgage loans [Loans collateralized by immovable property]’ include loans formally secured by immovable property collateral independently of their loan/collateral ratio (commonly referred as ‘loan-to-value’).
‘Other collateralized loans’ include loans formally backed by collateral, independently of their loan/collateral ratio (so-called ‘loan-to-value’), other than ‘Loans collateralised by immovable property’, ‘Finance leases’ and ‘Reverse repurchase loans’. This collateral includes pledges of securities, cash, and other collateral.
‘Credit for consumption’ includes loans granted mainly for the personal consumption of goods and services [ECB BSI Regulation].
‘Lending for house purchase’ includes credit extended to households for the purpose of investing in houses for own use and rental, including building and refurbishments [ECB BSI Regulation].
‘Project finance loans’ include loans that are recovered solely from the income of the projects financed by them.
‘Certificates of deposits’ are securities that enable the holders to withdraw funds from an account,
‘Asset backed securities’ according to article 4(1)(61) of the CRR,
‘Covered Bonds’ according to article 129(1) of the CRR,
‘Hybrid contracts’ comprise contracts with embedded derivatives,
‘Other debt securities issued’ includes debt securities not recorded in the previous lines and distinguishes convertible and non convertible instruments.
‘Forward deposits’.
‘Undrawn credit facilities’ which comprise agreements to ‘lend’ or provide ‘acceptance facilities’ under pre-specified terms and conditions.
‘Guarantees having the character of credit substitute’.
‘Credit derivatives’ that meet the definition of financial guarantee.
‘Irrevocable standby letters of credit having the character of credit substitutes’.
‘Unpaid portion of partly-paid shares and securities’.
‘Documentary credits issued or confirmed’.
Trade finance Off-balance sheet items.
‘Documentary credits in which underlying shipment acts as collateral and other self-liquidating transactions’.
‘Warranties and indemnities’ (including tender and performance bonds) and ‘guarantees not having the character of credit substitutes’.
‘Shipping guarantees, customs and tax bonds’.
Note issuance facilities (NIFs) and revolving underwritings facilities (RUFs).
‘Undrawn credit facilities’ which comprise agreements to ‘lend’ or provide ‘acceptance facilities’ when the terms and conditions are not pre-specified.
‘Undrawn credit facilities’ which comprise agreements to ‘purchase securities’ or ‘provide guarantees’.
‘Undrawn credit facilities for tender and performance guarantees’.
‘Other off-balance sheet items’ in Annex I of the CRR.
‘Credit derivatives’ that do not meet the definition of financial guarantees are ‘derivatives’ under IAS 39.
‘Acceptances’ are obligations by an institution to pay on maturity the face value of a bill of exchange, normally covering the sale of goods. Consequently, they are classified as ‘trade receivables’ on the balance sheet
‘Endorsements on bills’ that do not meet the criteria for derecogniton under IAS 39.
‘Transactions with recourse’ that do not meet the criteria for derecogniton under IAS 39.
‘Assets purchased under outright forward purchase agreements’ are ‘derivatives’ under IAS 39.
‘Asset sale and repurchase agreements as defined in Article 12 (3) and (5) of Directive 86/635/EEC’. In these contracts, the transferee has the option, but not the obligation, to return the assets at a price agreed in advance on a date specified (or to be specified). Therefore, these contracts meet the definition of derivatives under IAS 39.9.
Interest rate: Interest rate derivatives are contracts related to an interest-bearing financial instrument whose cash flows are determined by referencing interest rates or another interest rate contract such as an option on a futures contract to purchase a Treasury bill. This category is restricted to those deals where all the legs are exposed to only one currency's interest rate. Thus it excludes contracts involving the exchange of one or more foreign currencies such as cross-currency swaps and currency options, and other contracts whose predominant risk characteristic is foreign exchange risk, which are to be reported as foreign exchange contracts. Interest rate contracts include forward rate agreements, single-currency interest rate swaps, interest rate futures, interest rate options (including caps, floors, collars and corridors), interest rate swaptions and interest rate warrants.
Equity: Equity derivatives are contracts that have a return, or a portion of their return, linked to the price of a particular equity or to an index of equity prices.
Foreign exchange and gold: These derivatives include contracts involving the exchange of currencies in the forward market and the exposure to gold. They therefore cover outright forwards, foreign exchange swaps, currency swaps (including cross-currency interest rate swaps), currency futures, currency options, currency swaptions and currency warrant. Foreign exchange derivatives include all deals involving exposure to more than one currency, whether in interest rates or exchange rates. Gold contracts include all deals involving exposure to that commodity.
Credit: Credit derivatives are contracts that do not meet the definition of financial guarantees and in which the payout is linked primarily to some measure of the creditworthiness of a particular reference credit. The contracts specify an exchange of payments in which at least one of the two legs is determined by the performance of the reference credit. Payouts can be triggered by a number of events, including a default, a rating downgrade or a stipulated change in the credit spread of the reference asset.
Commodity: These derivatives are contracts that have a return, or a portion of their return, linked to the price of, or to a price index of, a commodity such as a precious metal (other than gold), petroleum, lumber or agricultural products.
Other: These derivatives are any other derivative contracts, which do not involve an exposure to foreign exchange, interest rate, equity, commodity or credit risk such as climatic derivatives or insurance derivatives.
Commodities: All derivatives transactions involving a commodity or commodity index exposure, whether or not they involve a joint exposure in commodities and any other risk category which may include foreign exchange, interest rate or equity, shall be reported in this category.
Equities: With the exception of contracts with a joint exposure to commodities and equities, which are to be reported as commodities, all derivatives transactions with a link to the performance of equities or equity indices shall be reported in the equity category. Equity deals with exposure to foreign exchange or interest rates should be included in this category.
Foreign exchange and gold: This category includes all derivatives transactions (with the exception of those already reported in the commodity or equity categories) with exposure to more than one currency, be it pertaining either to interest-bearing financial instruments or exchange rates.
For contracts with variable nominal or notional principal amounts, the basis for reporting is the nominal or notional principal amounts at the reference date.
The notional amount value to be reported for a derivative contract with a multiplier component is the contract effective notional amount or par value.
Swaps: The notional amount of a swap is the underlying principal amount upon which the exchange of interest, foreign exchange or other income or expense is based.
Equity and commodity-linked contracts: The notional amount to be reported for an equity or commodity contract is the quantity of the commodity or equity product contracted for purchase or sale multiplied by the contract price of a unit. The notional amount to be reported for commodity contracts with multiple exchanges of principal is the contractual amount multiplied by the number of remaining exchanges of principal in the contract.
Credit derivatives: The contract amount to be reported for credit derivatives is the nominal value of the relevant reference credit.
Digital options have a predefined payoff which can be either a monetary amount or a number of contracts of an underlying. The notional amount for digital options is defined as either the predefined monetary amount or the fair value of the underlying at the reference date.
‘credit institutions’,
‘other financial corporations’, and
‘rest’ comprising all other counterparties.
within ‘Mortgage loans [Loans collateralised by immovable property]’, ‘Residential’ includes loans secured by residential immovable property and ‘Commercial’ loans secured by pledges of commercial immovable property; in both cases as defined in the CRR.
within ‘Other collateralised loans’, ‘Cash [Debt instruments issued]’ includes pledges of deposits in or debt securities issued by the institution, and ‘Rest’ includes pledges of other securities or assets.
‘Financial guarantees received’ include contracts that require the issuer to make specified payments to reimburse the institution of a loss it incurs, because a specified debtor fails to make payment when due in accordance with the original or modified terms of a debt instrument.
Amounts received in exchange for securities temporarily transferred to a third party in the form of securities lending against cash collateral.
Amounts received in exchange for securities temporarily transferred to a third party in the form of sale/buy-back agreement.
Interest rate instruments: including trading of loans and advances, deposits and debt securities (held or issued);
Equity instruments: including trading of shares, quotas of UCITS and other equity instruments;
Foreign exchange trading: including exclusively trading on foreign exchanges;
Credit risk instruments: including trading of credit link notes;
Commodities: this item includes only derivatives because commodities held with trading intent shall be reported under ‘Other assets’ not under ‘Financial assets held for trading’.
Other: including trading of financial instruments which cannot be classified in other breakdowns.
amounts considered for the calculation of the effective interest of financial instruments [IFRS 7.20.(c)] and
amounts arising from financial instruments that are measured at fair value through profit or loss [IFRS 7.20.(c).(i)].
‘Securities. Issuances’ includes fees and commissions received for the involvement in the origination or issuance of securities not originated or issued by the institution.
‘Securities. Transfer orders’ includes fees and commissions generated by the reception, transmission and execution on behalf of customers of orders to buy or sell securities.
‘Securities. Other’ includes fees and commissions generated by the institution providing other services related with securities not originated or issued by the institution.
‘Clearing and settlement’ includes fee and commission income (expenses) generated by (charged to) the institution when participating in counterparty, clearing and settlement facilities.
‘Asset management’, ‘Custody’, ‘Central administrative services for collective investment undertakings’, ‘Fiduciary transactions’, ‘Payment services’ include fee and commission income (expenses) generated by (charged to) the institution when providing these services.
‘Structured finance’ includes fees and commissions received for the involvement in the origination or issuance of financial instruments other than securities originated or issued by the institution.
‘Servicing fees from securitisation activities’ includes, on the income side, the fee and commission income generated by the institution providing loan servicing services and on the expense side, the fee and commission expense charged to the institution by loan service providers.
‘Loan commitments given’ and ‘Financial guarantees given’ include the amount, recognized as income during the period, of the amortization of the fees and commission for these activities initially recognised as ‘other financial liabilities’.
‘Loan commitments received’ and ‘Financial guarantees received’ include the fee and commission expense recognised by the institution as a consequence of the charge made by the counterparty that has given the loan commitment or the financial guarantee.
‘Other’ includes the rest of fee and commission income (expenses) generated by (charged to) the institution such as those derived from ‘other commitments’, from foreign exchange services (such as exchange of foreign banknotes or coins) or from providing (receiving) other fee-based advice and services.
‘Asset management’ refers to assets belonging directly to the customers, for which the institution is providing management. ‘Asset management’ shall be reported by type of customer: collective investment undertakings, pension funds, customer portfolios managed on a discretionary basis, and other investment vehicles.
‘Custody assets’ refers to the services of safekeeping and administration of financial instruments for the account of clients provided by the institution and services related to custodianship such as cash and collateral management. ‘Custody assets’ shall be reported by type of customers for which the institution is holding the assets distinguishing between collective investment undertakings and others. The item ‘of which: entrusted to other entities’ refers to the amount of assets included in custody assets for which the institution has given the effective custody to other entities.
‘Central administrative services for collective investment’ refers to the administrative services provided by the institution to collective investment undertakings. It includes, among others, the services of transfer agent; of compiling accounting documents; of preparing the prospectus, financial reports and all other documents intended for investors; of carrying out the correspondence by distributing financial reports and all other documents intended for investors; of carrying out issues and redemptions and keeping the register of investors; as well as of calculating the net asset value.
‘Fiduciary transactions’ refers to the activities where the institution acts in its own name but for the account and at the risk of its customers. Frequently, in fiduciary transactions, the institution provides services, such as custody asset management services to a structured entity or managing portfolios on a discretionary basis. All fiduciary transactions shall be reported exclusively in this item without regarding whether the institution provides additionally other services.
‘Payment services’ refers to the collection on behalf of customers of payments generated by debt instruments that are neither recognised on the balance sheet of the institution nor originated by it.
‘Customer resources distributed but not managed’ refers to products issued by entities outside the group that the institution has distributed to its current customers. This item shall be reported by type of product.
‘Amount of the assets involved in the services provided’ includes the amount of assets in relation to which the institution is acting, using the fair value. Other measurement bases including nominal value may be used if the fair value is not available. In those cases where the institution provides services to entities such as collective investment undertakings, pension funds, the assets concerned may be shown at the value at which these entities report the assets in their own balance sheet. Reported amounts shall include accrued interest, if appropriate.
‘Gains or losses on derecognition of investments in subsidiaries, joint ventures and associates’
‘Gains or losses on derecognition of non-financial assets other than held for sale’,
‘Profit or loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations’, and
‘Profit or loss after tax from discontinued operations’.
‘LEI code’ includes the LEI code of the investee.
‘Entity code’ includes the identification code of the investee.
‘Entity name’ includes the name of the investee.
‘Entry date’ means the date in which the investee entered within the ‘scope of the group’.
‘Share capital’ means the total amount of capital issued by the investee as at the reference date.
‘Equity of Investee’, ‘Total assets of the Investee’ and ‘Profit or (loss) of the Investee’ include the amounts of these items in the last financial statements of the investee.
‘Residence of investee’ means the country of residence of the investee.
‘Sector of investee’ means the sector of counterparty as defined in paragraph 35 of Part 1.
‘NACE code’ shall be provided on the basis of the principal activity of the investee. For non-financial corporations, NACE codes shall be reported with the first level of disaggregation (by ‘section’); for financial corporations, NACE codes shall be reported with a two level detail (by ‘division’).
‘Accumulated equity interest (%)’ is the percentage of ownership instruments held by the institution as of the reference date.
‘Voting rights (%)’ means the percentages of voting rights associated to the ownership instruments held by the institution as of the reference date.
‘Group structure [relationship]’ shall indicate the relationship between the parent and the investee (subsidiary, joint venture or associate).
‘Accounting treatment [Accounting Group]’ shall indicate the accounting treatment with the accounting scope of consolidation (full consolidation, proportional consolidation or equity method).
‘Accounting treatment [CRR Group]’ shall indicate the accounting treatment with the CRR scope of consolidation (full integration, proportional integration or equity method).
‘Carrying amount’ means amounts reported on the balance sheet of the institution for investees that are neither fully nor proportionally consolidated.
‘Acquisition cost’ means the amount paid by the investors.
‘Goodwill link to the investee’ means the amount of goodwill reported on the consolidated balance sheet of the institution for the investee in the items ‘goodwill’ or ‘investments in subsidiaries, joint ventures and associated’.
‘Fair value of the investments for which there are published price quotations’ means the price at the reference date; it shall be provided only if the instruments are quoted.
‘Security code’ includes the ISIN code of the security. For securities without ISIN code assigned, it includes another code that uniquely identifies the security.
‘Holding company code’ is the identification code of the entity within the group that holds the investment.
‘Entity code’, ‘Accumulated equity interest (%)’, ‘Carrying amount’ and ‘Acquisition cost’ are defined above. The amounts shall correspond to the security held by the related holding company.
‘Pension and similar expenses’ includes the amount recognized in the period as staff expenses for any post — employment benefit obligations (both defined contributions plans and defined benefits plans) and contributions to social security funds.
‘Share based payments’ include the amount recognized in the period as staff expenses for share based payments.