Document ID: chunk:federal_register_of_legislation:F2024L01073:front:0:p4
Version: federal_register_of_legislation:F2024L01073
Segment Type: other
Provision Reference: 
Character Range: 8669–11781

G to J of this Prudential Standard;
         1.             eligible financial collateral – means collateral listed in paragraphs 14 or 22 of Attachment G to this Prudential Standard;
         2.         equity exposure – has the meaning given in paragraphs 34 to 37 of Attachment B to this Prudential Standard;
         3.           general corporate exposure – means a corporate exposure that is not a specialised lending exposure;
         1.           lenders' mortgage insurance (LMI) – means mortgage insurance that meets the requirements set out in paragraph 15 of Attachment A to this Prudential Standard;
         1.           loan-to-valuation ratio (LVR) – means a ratio calculated by dividing the amount of the loan by the value of the property or properties used to secure repayment;
         2.           netting set – has the meaning given in APS 180;
         3.            non-standard loan – means a property exposure that does not satisfy any of the requirements set out in paragraphs 3 to 7 of Attachment A to this Prudential Standard, or a loan that has the meaning given in paragraph 19 of Attachment A to this Prudential Standard;
         4.            object finance – has the meaning given in paragraph 27(b) of Attachment B to this Prudential Standard;
         5.             off-balance sheet exposure – means an exposure which is within the scope of Attachment C to this Prudential Standard or APS 180;
         1.           over-the-counter (OTC) derivative transaction – means a customised, privately negotiated, risk-shifting agreement, the value of which is derived from the value of an underlying asset;
         1.           overseas bank – means a financial institution incorporated outside of Australia, which is not an ADI and:
                 1.             has the power to accept deposits in the ordinary course of business;
                 2.          is supervised by the bank supervisor in its home country; and
                 3.        is subject to substantially the same prudential requirements as ADIs;
         2.         project finance – has the meaning given in paragraph 27(a) of Attachment B to this Prudential Standard;
         3.           property exposure – has the meaning given in Attachment A to this Prudential Standard;
         4.           related-party exposure – means the exposure of an ADI to a related entity as defined in Prudential Standard APS 222 Associations with Related Entities. A related-party exposure would be classified according to the asset class definitions in Attachment B of this Prudential Standard. For example, if an ADI has an exposure to a related entity that is a corporate counterparty, the exposure is classified as a corporate exposure;
         5.           risk-weighted assets (RWA) – means the credit exposures of an ADI multiplied by a percentage factor, as calculated in accordance with paragraphs 19 to 21 of this Prudential Standard;
         6.        securities financing transaction (SFT) – means a transaction such as a repurchase agreement, reverse repurchase agreement or a securities lending and