In FINREP, equities shall be separated as Equity instruments instruments under different categories of (o) Equity financial assets In FINREP, other items may be included (p) items Various items of the balance sheet under different asset categories. Table 3 Internal Ratings Based Approach IRBA exposure classes FINREP counterparty sectors Comments (CRR Article 147) These exposures shall be assigned to (1) Central banks (a) Central governments and central FINREP counterparty sectors according (2) General governments banks to the nature of the immediate (3) Credit institutions counterparty (b) Institutions These exposures shall be assigned to (2) General governments FINREP counterparty sectors according (i.e. credit institution and investment (3) Credit institutions to the nature of the immediate firms as well as some general (4) Other financial corporations counterparty governments and multilateral banks) (2) General governments exposures shall be assigned to (4) Other financial corporations FINREP counterparty sectors according (c) Corporates to the nature of the immediate (5) Non-financial corporations counterparty (6) Households These exposures shall be assigned to (4) Other financial corporations FINREP counterparty sectors according (d) Retail (5) Non-financial corporations to the nature of the immediate (6) Households counterparty In FINREP, equities shall be separated as (e) Equity Equity instruments instruments under different categories of financial assets These exposures shall be assigned to FINREP counterparty sectors according (2) General governments to the underlying risk of the (3) Credit institutions securitisation positions. In FINREP, (f) Securitisation positions (4) Other financial corporations where securitized positions remain recognised in the balance sheet, the (5) Non-financial corporations counterparty sectors shall be the sectors (6) Households of the immediate counterparties of these positions In FINREP, other items may be included (g) Other non credit obligations Various items of the balance sheet under different asset categories. ‘
(o) Equity Equity instruments In FINREP, equities shall be separated as instruments under different categories of financial assets (p) items Various items of the balance sheet In FINREP, other items may be included under different asset categories. Table 3 Internal Ratings Based Approach IRBA exposure classes (CRR Article 147) FINREP counterparty sectors Comments (a) Central governments and central banks (1) Central banks (2) General governments (3) Credit institutions These exposures shall be assigned to FINREP counterparty sectors according to the nature of the immediate counterparty (b) Institutions (i.e. credit institution and investment firms as well as some general governments and multilateral banks) (2) General governments (3) Credit institutions (4) Other financial corporations These exposures shall be assigned to FINREP counterparty sectors according to the nature of the immediate counterparty (c) Corporates (2) General governments (4) Other financial corporations (5) Non-financial corporations (6) Households exposures shall be assigned to FINREP counterparty sectors according to the nature of the immediate counterparty (d) Retail (4) Other financial corporations (5) Non-financial corporations (6) Households These exposures shall be assigned to FINREP counterparty sectors according to the nature of the immediate counterparty (e) Equity Equity instruments In FINREP, equities shall be separated as instruments under different categories of financial assets (f) Securitisation positions (2) General governments (3) Credit institutions (4) Other financial corporations (5) Non-financial corporations (6) Households These exposures shall be assigned to FINREP counterparty sectors according to the underlying risk of the securitisation positions. In FINREP, where securitized positions remain recognised in the balance sheet, the counterparty sectors shall be the sectors of the immediate counterparties of these positions (g) Other non credit obligations Various items of the balance sheet In FINREP, other items may be included under different asset categories. ‘
Annex+3+to+CP+on+FINREP+-+Annex+V+%28instructions+with+changes+tracked%29.docx