The column write-offs” includes the cumulative amount of “Accumulated principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. These amounts shall be reported until the total extinguishment of all the institution’s rights (by expiry of the statute-of–limitations period, forgiveness or other causes) or until recovery. could be caused both by reductions of the carrying amount of “Write-offs” financial assets recognised directly in profit or loss as well as by reductions in the amounts of the allowance accounts for credit losses taken against the carrying amount of financial assets . (8) As are defined in the same way as in the ECB BSI Regulation, “Deposits” regulated savings deposits shall be classified in accordance with the ECB BSI Regulation and distributed according to the counterparty. In particular, sight savings deposits, which although legally redeemable at demand are subject to significant penalties and restrictions and have features that are very close to overnight deposits, are classified as deposits redeemable at notice. securities issued” shall be disaggregated into the following type of “Debt products: (a) of deposits” are securities that enable the holders to withdraw “Certificates funds from an account, (b) backed securities” according to article 4(1)(61) of the CRR, “Asset (c) Bonds” according to article 129(1) of the CRR, “Covered (d) contracts” comprise contracts with embedded derivatives, “Hybrid (e) debt securities issued” includes debt securities not recorded in the previous lines and distinguishes convertible and non convertible instruments. financial liabilities” issued are treated in the same way as “Subordinated other financial liabilities incurred. Subordinated liabilities issued in the form of securities are classified as securities issued”, whereas subordinated “Debt liabilities in the form of deposits are classified as “Deposits”. Template 8.2 includes the carrying amount of and securities “Deposits” “Debt issued” that meet the definition of subordinated debt classified by accounting portfolios. debt” instruments provide a subsidiary on the “Subordinated issuing institution that can only be exercised after all claims with a higher status have been satisfied [ECB BSI Regulation]. (9)
The column “Accumulated write-offs” includes the cumulative amount of principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. These amounts shall be reported until the total extinguishment of all the institution’s rights (by expiry of the statute-of–limitations period, forgiveness or other causes) or until recovery. “Write-offs” could be caused both by reductions of the carrying amount of financial assets recognised directly in profit or loss as well as by reductions in the amounts of the allowance accounts for credit losses taken against the carrying amount of financial assets . (8) As “Deposits” are defined in the same way as in the ECB BSI Regulation, regulated savings deposits shall be classified in accordance with the ECB BSI Regulation and distributed according to the counterparty. In particular, sight savings deposits, which although legally redeemable at demand are subject to significant penalties and restrictions and have features that are very close to overnight deposits, are classified as deposits redeemable at notice. “Debt securities issued” shall be disaggregated into the following type of products: (a) “Certificates of deposits” are securities that enable the holders to withdraw funds from an account, (b) “Asset backed securities” according to article 4(1)(61) of the CRR, (c) “Covered Bonds” according to article 129(1) of the CRR, (d) “Hybrid contracts” comprise contracts with embedded derivatives, (e) debt securities issued” includes debt securities not recorded in the previous lines and distinguishes convertible and non convertible instruments. “Subordinated financial liabilities” issued are treated in the same way as other financial liabilities incurred. Subordinated liabilities issued in the form of securities are classified as “Debt securities issued”, whereas subordinated liabilities in the form of deposits are classified as “Deposits”. Template 8.2 includes the carrying amount of “Deposits” and “Debt securities issued” that meet the definition of subordinated debt classified by accounting portfolios. “Subordinated debt” instruments provide a subsidiary on the issuing institution that can only be exercised after all claims with a higher status have been satisfied [ECB BSI Regulation]. (9)
Annex%20V%20-%20Instructions_FINREP.docx