Credit Institutions Resolution Fund Levy Regulations 2012.
Statutory Instruments
Source: Statutory Instruments

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paragraphs: These Regulations may be cited as the Credit Institutions Resolution Fund Levy Regulations 2012.
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paragraphs: (1) In these Regulations:
(2) In these Regulations, as respects an authorised credit institution other than a credit union-
(a) a reference to an amount due to an institution in respect of loans shall be construed as including loans which have been securitised by that institution;
(b) a reference to an amount due to that institution by Irish-resident households in respect of loans shall be construed as a reference to the aggregate of the amounts specified in the Resident Offices Return (RS1) as reported by that institution to the Bank at 29 June 2012-
(i) at row 20, column 150 in the IES Format,
(ii) at row 20, column 150 in the INS Format, and
(iii) at row 110 column 70 in the MSC Format;
(c) a reference to an amount due to that institution by Irish-resident non-financial corporations in respect of loans shall be construed as a reference to the aggregate of the amounts specified in the Resident Offices Return (RS1) as reported by that institution to the Bank at 29 June 2012-
(i) at row 20, column 130 in the IES Format,
(ii) at row 20, column 130 in the INS Format, and
(iii) at row 110 column 60 in the MSC Format;
(d) a reference to an amount held by that institution from Irish-resident households in respect of deposits shall be construed as a reference to the aggregate of the amounts specified in the Resident Offices Return (RS1) as reported by that institution to the Bank at 29 June 2012-
(i) at row 200, column 150 in the IES Format, and
(ii) at row 200, column 150 in the INS Format;
(e) a reference to an amount held by that institution from Irish resident non-financial corporations in respect of deposits shall be construed as a reference to the aggregate of the amounts specified in the Resident Offices Return (RS1) as reported by that institution to the Bank at 29 June 2012-
(i) at row 200, column 130 in the IES Format, and
(ii) at row 200, column 130 in the INS Format;
(f) a reference to Pillar 1 capital requirements shall be construed as a reference to the Pillar 1 capital requirements of the institution concerned, as reported to the Bank in respect of the reporting date of 30 June 2012 in line item 2 (total Capital Requirements) of Common Solvency Reporting, in format CA3, and in a case where an authorised credit institution reports to the Bank on an individual and consolidated basis the Pillar 1 capital requirements of that institution shall be taken to be a reference to the consolidated Pillar 1 capital requirements.
(3) In these Regulations, as respects an authorised credit institution which is a credit union, a reference to the total assets of a credit union shall be construed as a reference to the total assets reported by that institution in the balance sheet of that institution forming part of the quarterly prudential return made to the Registrar of Credit Unions in respect of the reporting date of 30 June 2012.
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paragraphs: (1) Every person who on 1 October 2012 is an authorised credit institution described in column (2) of the Schedule shall pay a levy in respect of the levy period to the Bank for the account of the Credit Institutions Resolution Fund.