Document ID: chunk:federal_register_of_legislation:F2017L01026:body:0:p14
Version: federal_register_of_legislation:F2017L01026
Segment Type: other
Provision Reference: 
Character Range: 37031–40128

counterparty countries.

        Item 5.1 column 10 is derived as the total cross-border claims on an ultimate risk basis for all counterparty countries.

        Item 5.1 column 11 is derived as the total local claims on an ultimate risk basis for all counterparty countries.

6. Derivative contracts, guarantees and credit commitments

SBR: submit item 6 with accounting type of debit (assets)

Item 6  In item 6 column 1, report the counterparty country of the derivative contracts, guarantees and/or credit commitments.

        In item 6 column 2, report the derivative contracts in a net asset position vis-à-vis the selected counterparty country.

        In item 6 column 3, report the guarantees vis-à-vis the selected counterparty country.

        In item 6 column 4, report the credit commitments vis-à-vis the selected counterparty country.

   Item 6.1 column 2 is derived as the total derivative contracts in a net asset position for all counterparty countries.

   Item 6.1 column 3 is derived as total guarantees for all counterparty countries.

   Item 6.1 column 4 is derived as total credit commitments for all counterparty countries.

Definitions

Banking institutions refers to financial institutions whose business it is to receive deposits or close substitutes for deposits and to grant credits or invest in securities on their own account, including credit unions and building societies. Money market funds, investment funds and pension funds are excluded from this category. For the purposes of ARF 731.3A, exclude central banks and international organisations (including multilateral development banks). These should be classified as central banks.

Central banks refers to central banks, including the RBA, BIS, the European Central Bank, and other official monetary authorities. A complete list of central banks is maintained on the BIS website at http://www.bis.org/statistics/bankstatsguide.htm

Claims refers to:

   1. Australian offices' local claims on Australian residents. For example, any local claim of the Sydney office of an Australian-owned bank on a borrower resident in Australia;

   2.      Australian offices' cross-border claims on non-residents. For example, any claim of the Sydney office of an Australian-owned bank on a borrower resident in New Zealand;

   3.      Foreign offices of Australian-owned banks' local claims on non-residents. For example, any claim of the  New Zealand branch of an Australian-owned bank on a borrower resident in New Zealand; and

   4.      Foreign offices of Australian-owned banks' cross-border claims on non-residents - for example, any claim of the New Zealand branch of an Australian-owned bank on a borrower resident in the United States.)

The data on financial claims should comprise all those balance sheet items, which represent claims on residents in other individual countries or economies. As in the locational statistics, the principal items are deposits and balances placed with banks, loans and advances to banks and non-banks, holdings of securities (including credit linked notes and other