Document ID: chunk:federal_register_of_legislation:F2023L00349:body:0:p37
Version: federal_register_of_legislation:F2023L00349
Segment Type: other
Provision Reference: 
Character Range: 110912–112390

branch only.
   [5]  Refer to paragraph 6 of Reporting Standard ARS 117.0 Repricing Analysis.
   [6]  Securitisation exposures are defined in accordance with APS 120.
    [7]  Cairns Penny Savings and Loans Limited is to be treated in accordance with the reporting period requirements applicable to credit unions.
    [8]   A material currency is a currency for which the total book value of an ADI's banking book items in that currency is more than five per cent of the total book value of all of its banking book items.  In determining whether a currency is material, the effect of currency hedges that reduce foreign currency exposure may be taken into account, provided these hedges are effective (refer to APS 117).
    [9]   Refer to ISO 4217 Currency names and code elements.
    [10]  These factors are based on an assumed parallel shift of 200 basis points and on a five per cent coupon bond yielding five per cent with maturity in the middle of each time band.
    [11]  Refer to footnote 9.
    [12]  In the interests of having a consistent, simple approach across the industry, this disregards the customer's option to not draw down the approved loan.  While this simplified approach is used for these forms, an ADI to which APS 117 applies would not be expected to use this approach in its repricing assumptions under APS 117.  Other approaches, such as delta-weighting, may be more appropriate and in any case, the optionality risk must be evaluated under APS 117.