Document ID: chunk:federal_register_of_legislation:F2023L00407:body:0:p9
Version: federal_register_of_legislation:F2023L00407
Segment Type: other
Provision Reference: 
Character Range: 28865–32040

Standard ISO 17442. The Global Legal Entity Identifier Foundation maintains a free online searchable database of Legal Entity Identifiers, available at https://search.gleif.org/#/search/.

Market related means off-balance sheet exposures arising from market related contracts. Refer to APS 180 for examples of these contracts.

Non-market related means off-balance sheet exposures that are not market related. Refer to APS 112 for examples of these commitments.

Off-balance sheet exposures means the off-balance sheet portion of any exposure, measured in accordance with Attachment A of APS 221.

On-balance sheet exposures means the on-balance sheet portion of any exposure, measured in accordance with Attachment A of APS 221.

Other connections or relationships has the meaning given by paragraph 21(a)(iii) of APS 221.

Qualifying central counterparties (QCCPs) has the meaning given in APS 180.

QCCP – clearing has the meaning given by paragraph 18(h) of APS 221.

Settlement exposures has the meaning given by paragraph 18(g) of APS 221.

Sovereigns held as HQLA means exposures to governments or central banks (both Australian and foreign) that are held as high-quality liquid assets under Prudential Standard APS 210 Liquidity (APS 210). This item does not apply to ADIs that are not subject to the LCR requirements of APS 210.

A third party additional risk factor has the meaning given by paragraphs 27 to 30 of Attachment A of APS 221.

Tier 1 Capital has the meaning given in Prudential Standard APS 111 Capital Adequacy: Measurement of Capital (APS 111).

Counterparty sectors

Banking institution means an authorised deposit-taking institution within the meaning of the Banking Act 1959, as well as banking institutions in offshore jurisdictions.

Central counterparties (CCP) means clearing houses that interpose themselves between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP becomes counterparty to trades with market participants through novation, an open offer system, or another legally binding arrangement. Includes QCCPs.

Insurance corporations means:
       * life insurance corporations registered under the Life Insurance Act 1995;
       * general insurance corporations registered under the Insurance Act 1973 (or by virtue of determinations made by APRA under the General Insurance Reform Act 2001);
       * private health insurance corporations registered under the Private Health Insurance (Prudential Supervision) Act 2015;
       * the Export Finance Insurance Corporation;
       * private sector and government-owned general and health insurance enterprises, both proprietary and mutual; and
       * any insurance corporation overseas.

International banking agencies and multilateral regional development banks means those entities listed in footnote 6 of APS 112.

Other counterparties includes any counterparty that is not a banking institution, insurance corporation, superannuation fund, Central or Commonwealth Government, State or Territory Government, Local Government, a central bank, a central counterparty, an SPV,