Document ID: chunk:federal_register_of_legislation:F2022L01620:reg:1:p2
Version: federal_register_of_legislation:F2022L01620
Segment Type: reg
Provision Reference: reg 1 (pt 2/3)
Character Range: 99008–101843

contract for the purposes of the NSFR.
    [13]  Refer to paragraph 37 of Attachment A.
    [14]  Refer to paragraph 34 of Attachment A. Also refer to paragraph 46 and footnote 9 of Attachment A for the definition of SME.
    [15]  Refer to paragraph 38 of Attachment A.
    [16]   Refer to paragraphs 47 to 50 of Attachment A.
    [17]  Refer to footnote 16.
    [18]  Subject to APRA's approval, deposits between ADIs within the same cooperative network may be excluded from liabilities receiving a zero per cent ASF provided they are either (a) required by law to be placed at the central organisation and are legally constrained within the cooperative network as minimum deposit requirements; or (b) in the context of common task sharing and legal, statutory or contractual arrangements, so long as the ADI that has received the monies and the ADI that has deposited participate in the same institutional network's mutual protection scheme against illiquidity and insolvency of its members. Such deposits may be assigned an ASF up to the RSF factor assigned by regulation for the same deposits to the depositing bank, not to exceed 85 per cent.

    [19]  ASF = 0 per cent x MAX ((NSFR derivative liabilities – NSFR derivative assets), 0).

    [20]  For the purposes of calculating the NSFR, HQLA is defined as all HQLA without regard to LCR operational requirements and LCR caps on HQLA2 and HQLA2B that may otherwise limit the ability of some HQLA to be included as eligible HQLA in calculation of the LCR. HQLA is defined in paragraphs 6 to 29 of Attachment A and operational requirements is defined  in  paragraphs 22 to 29 of Attachment A. For the purposes of calculating the NSFR, assets include 20 per cent of derivative liabilities calculated in accordance with paragraph 9 of this Attachment.
    [21]  Encumbered assets include but are not limited to assets backing securities or covered bonds and assets pledged in securities financing transactions or collateral swaps.
    [22]  In general, exceptional central bank liquidity operations are considered to be non-standard, temporary operations conducted by a central bank in order to achieve its mandate in a period of market-wide financial stress and/or exceptional macroeconomic circumstances.
    [23]  Basel III leverage ratio framework and disclosure requirements, January 2014, Basel Committee on Banking Supervision as it exists at 12 January 2014.
    [24]  Refer to question 2.1 of Basel III leverage ratio framework and disclosure requirements, January 2014, Basel Committee on Banking Supervision as it exists at 12 January 2014.
    [25]   APRA may impose a higher RSF factor after discussing and agreeing with the relevant central bank and taking into consideration whether the reserve requirement must be satisfied at all times and the extent to which the