Document ID: chunk:federal_register_of_legislation:F2024C01107:body:0:p90
Version: federal_register_of_legislation:F2024C01107
Segment Type: other
Provision Reference: 
Character Range: 245087–247914

Securities Lending and Borrowing
Margined Financial Instrument
OTC Derivative and Warrants executed as principal
Sub Underwritten Positions
Total risk amounts

Counterparty Large Exposure is triggered where the exposure is greater than 10% of the Market Participant's Liquid Capital at the time specified in the ASIC Market Integrity Rules.

Issuer large exposure – Equity method

Determining risk amounts
Before you enter the risk amounts, you will have to determine the greater of the '>25% of Liquid Capital' and '> 5% of issue'

Country  Number of Equity Issuers  Equity Net Position  > 25% of Liquid Capital at 12%  > 25% of Liquid Capital at 16%  > 5% of issue at 12%  > 5% of issue at 16%  Total risk amount

Total

       * Enter amounts for each country for which there are large exposures.
       * You should use the columns headed >25% of Liquid Capital and >5% of issue to categorise risk amounts for disclosure to ASIC.
       * You can only select each country once so all similar country amounts should be aggregated before being input.

Issuer large exposure – Debt method

Determining risk amounts
Before you enter the risk amounts, you will have to determine the greater of the '>25% of Liquid Capital' and '> 10% of issue'.

Underlying currency  Number of Debt Issuers  Debt Net Position  > 25% of Liquid Capital  > 10% of issue  Total risk amount

Total

       * Enter amounts for each currency in which there are large exposures.
       * You should use the columns headed >25% of Liquid Capital and >10% of Issue to categorise risk amounts for disclosure to ASIC.
       * You can only select each currency once so all similar country amounts should be aggregated before being input.

Issuer large exposure – Equity & Debt Method

Underlying currency  Number of Equity/ Debt Issuers  Equity Net Position plus Debt Net Position  > 25% of Liquid Capital at 12%  > 25% of Liquid Capital at 16%  > 25% of Liquid Capital at applicable debt position risk factor  Total risk amount

Total

      * Enter amounts for each currency in which there are large exposures.
      * You should use the columns headed >25% of Liquid Capital to categorise risk amounts for disclosure to ASIC.
      * You can only select each currency once so all similar country amounts should be aggregated before being input.

Summary

Large exposure risk amounts                   Total

Counterparty large exposure risk amount

Issuer large exposure - Equity method

Issuer large exposure - Debt method

Issuer large exposure - Equity & Debt method

Total Large Exposure Risk Requirement

Position Risk Requirement

Equity Position Risk – Standard method

Country  Equity Net Positions (8% Position Risk Factor)  Equity Net Positions (12% Position Risk Factor)  Equity Net Positions (16% Position Risk Factor)