Document ID: chunk:federal_register_of_legislation:F2023L00624:reg:15
Version: federal_register_of_legislation:F2023L00624
Segment Type: reg
Provision Reference: reg 15
Character Range: 70939–72727

15  Exposure Amount Assessed Against Individual ACRC Limit                          Whole dollars                                                 Report exposure amount assessed against individual ACRC limit amount.

                                                                                                                                                  When exposure category is underlying asset, report the fair value of the non-reinsurance asset, net of any regulatory adjustments to capital base related to the exposure, less the sum of:

                                                                                                                                                      * adjustment for exposure to eligible collateral items;
                                                                                                                                                      * adjustment for exposure to guarantor; and
                                                                                                                                                      * adjustment for other arrangement.

                                                                                                                                                  Where the value of the collateral, guarantee or other type of risk mitigant covers the full value of the underlying asset, report a value of zero.

                                                                                                                                                  When exposure category is eligible collateral item, exposure to guarantor or other, report the amount that is being treated as an exposure to eligible collateral, guarantors or other type of risk mitigant.