commitments” are firm commitments to provide credit under “Loan terms and conditions, except those that are derivatives because they can be settled net in cash or by delivering or issuing another financial instrument. The following items of Annex I of the CRR that shall be classified as commitments”: “Loan deposits”. “Forward credit facilities” which comprise agreements to or “Undrawn “lend” provide facilities” under pre-specified terms and conditions. “acceptance guarantees” are contracts that require the issuer to make specified “Financial payments to reimburse the holder 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. Under IFRS or compatible National GAAP, these contracts meet the IAS 39.9 and IFRS 4.A definition of financial guarantee contracts. The following items of Annex I of the CRR that shall be classified as guarantees”: “financial having the character of credit substitute”. “Guarantees derivatives” that meet the definition of financial guarantee. “Credit standby letters of credit having the character of credit “Irrevocable substitutes”. commitments” includes the following items of Annex I of the CRR: “Other portion of partly-paid shares and securities”. “Unpaid credits issued or confirmed”. “Documentary Trade finance Off-balance sheet items. credits in which underlying shipment acts as collateral and “Documentary other self-liquidating transactions”. and indemnities” (including tender and performance bonds) “Warranties and not having the character of credit substitutes”. “guarantees guarantees, customs and tax bonds”. “Shipping Note issuance facilities (NIFs) and revolving underwritings facilities (RUFs). credit facilities” comprise agreements to or provide “Undrawn “lend” facilities” when the terms and conditions are not “acceptance credit facilities” which comprise agreements to “Undrawn “purchase securities” or guarantees”. “provide
“Loan commitments” are firm commitments to provide credit under terms and conditions, except those that are derivatives because they can be settled net in cash or by delivering or issuing another financial instrument. The following items of Annex I of the CRR that shall be classified as “Loan commitments”: “Forward deposits”. “Undrawn credit facilities” which comprise agreements to “lend” or provide “acceptance facilities” under pre-specified terms and conditions. “Financial guarantees” are contracts that require the issuer to make specified payments to reimburse the holder 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. Under IFRS or compatible National GAAP, these contracts meet the IAS 39.9 and IFRS 4.A definition of financial guarantee contracts. The following items of Annex I of the CRR that shall be classified as “financial guarantees”: “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”. “Other commitments” includes the following items of Annex I of the CRR: “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” comprise agreements to “lend” or provide “acceptance facilities” when the terms and conditions are not “Undrawn credit facilities” which comprise agreements to “purchase securities” or “provide guarantees”.
Annex+V_Instructions_FINREP.docx