Document ID: chunk:federal_register_of_legislation:F2023L00417:body:0:p6
Version: federal_register_of_legislation:F2023L00417
Segment Type: other
Provision Reference: 
Character Range: 14513–17487

guarantees and letters of credit (other than trade finance related obligations) and warehouse facilities that the ADI could be called upon to fund.

    Credit rating grade refers to grades of credit ratings to which ECAI ratings are mapped. The mapping of rating grades is set out in Attachment F of Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk.

    Debt securities issued refers to notes, bonds and other debt securities issued by an ADI (including subordinated debt), regardless of the holder.

    Domestic securities refers to secured or unsecured debt securities issued in the Australian domestic market.

    Due date means the relevant date under paragraphs 11 and 12 or, if applicable, paragraphs 13 or 14.

    External Credit Assessment Institution (ECAI) has the meaning given in Prudential Standard APS 001 Definitions.

    Effective deposit insurance scheme is a deposit insurance scheme:
         * that guarantees that it has the ability to make prompt payouts;
         * for which the coverage is clearly defined; and
         * of which public awareness is high.

    Encumbered means an asset which is not unencumbered.

    Euro commercial paper refers to commercial paper issued in markets other than the USA and Australia.

    Financial institution has the meaning given in paragraph 10(b) of Prudential Standard APS 210 Liquidity. ADIs must exclude ADI/bank in this counterparty category if separately indicated in the reporting item.

    Foreign ADI has the meaning given in the Banking Act 1959.

    Fully covered refers to a deposit the entire value of which is below or up to the deposit insurance limit.

    FX transactions include outstanding spot foreign exchange contracts, currency swaps (including cross currency interest rate swaps), forward foreign exchange contracts, any other instruments of a similar nature and FX options.

    General Reserve for Credit Losses has the meaning given in Prudential Standard APS 220 Credit Quality.

    Guarantees refers to agreements to be liable for another party's debt or contractual performance if that other party does not pay or perform.

    High-quality liquid assets (HQLA) for LCR ADIs refers to HQLA1 and HQLA2 as defined in paragraphs 9 to 12 of Attachment A of Prudential Standard APS 210 Liquidity (APS 210). For non-LCR ADIs, this represents those minimum liquidity holdings assets that qualify as HQLA, as outlined in paragraph 2 of Attachment B of APS 210.

    HQLA1 has the meaning given in paragraph 9 of Attachment A of Prudential Standard APS 210 Liquidity.

    HQLA2 means both HQLA2A and HQLA2B.

    HQLA2A has the meaning given in paragraphs 10 and 11 of Attachment A of Prudential Standard APS 210 Liquidity.

    HQLA2B has the meaning given in paragraph 12 of Attachment A of Prudential Standard APS 210 Liquidity.

    Immediate parent NOHC means an authorised NOHC, or a subsidiary of an authorised NOHC,