Document ID: chunk:federal_register_of_legislation:F2017L01028:body:0:p18
Version: federal_register_of_legislation:F2017L01028
Segment Type: other
Provision Reference: 
Character Range: 48030–49394

risk transfer to USA.

             Immediate risk  Outward risk transfers  Inwards risk transfers  Net risk transfers
New Zealand  10              10                                              -10
Australia                                            10                      10

Example 7
An AUD 10 million claim on the Wellington branch of another Australian-incorporated bank should be included against New Zealand in items 1 and 2 (Claims on an immediate borrower basis) and as an inward risk transfer for Australia.

             Immediate risk  Outward risk transfers  Inwards risk transfers  Net risk transfers
Australia                                            10                      10
New Zealand  10              10                                              -10

Example 8
A claim in AUD or any other currency on the Sydney office of a US bank (or on an Australian company with a US guarantor), is included in in items 1 and 2 (Claims on an immediate borrower basis). An outward risk transfer in respect of such a claim should be reported against Australia and an inward risk transfer to USA.

           Immediate risk  Outward risk transfers  Inwards risk transfers  Net risk transfers
Australia  10              10                                              -10
USA                                                10                      10