Document ID: chunk:federal_register_of_legislation:F2023L00407:body:0:p8
Version: federal_register_of_legislation:F2023L00407
Segment Type: other
Provision Reference: 
Character Range: 25960–29175

control and economic interdependence;
       * other connections or relationships; or

       * a third party additional risk factor.

A control relationship has the meaning given by paragraphs 22, 23 and 25 of APS 221.

Counterparty means either the individual counterparty or a group of connected counterparties to an exposure.[2] In the case of a group of connected counterparties, the ADI's aggregate exposure to the group of connected counterparties is considered one exposure.

Counterparty country means the country where the counterparty of the exposure is domiciled. ADIs are to report the English name of the relevant country as assigned by the ISO 3166 Maintenance Agency to a country code defined under the International Organization for Standardization's International Standard ISO 3166. The ISO 3166 Maintenance Agency maintains a free online browsing platform setting out the names of countries and their corresponding codes, available at https://www.iso.org/obp/ui/#search/code/.

Counterparty name means the legal name of the counterparty.

Counterparty sector means the type of sector of the counterparty of the exposure. There are 12 counterparty sectors which can be reported:

       * banking;
       * insurance;
       * superannuation;
       * central or Commonwealth government;
       * State or Territory government;
       * local government;
       * central banks;
       * central counterparties;
       * SPVs;

       * International banking agencies and multilateral regional development banks;
       * other financial institutions; and
       * other counterparties.

Credit risk mitigation (CRM) means the CRM techniques allowed in Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk (APS 112).

An economic interdependence relationship has the meaning given by paragraph 24 of APS 221.

Excluded exposures means exposures excluded from large exposures under paragraph 18 of APS 221.

Exclusion category means the reason for the exposure being an excluded exposure. There are three exclusion categories which may be reported:

       * Sovereigns held as HQLA;
       * QCCP – clearing; or
       * Settlement exposure.

Exposure is defined in paragraph 15 of APS 221.

Government-related entities has the meaning given in APS 221.

Group counterparty name means a name for a group of connected counterparties that includes the legal name of the principal counterparty in that group. An example of this could be 'ABC Ltd master group' if 'ABC Ltd' is the principal counterparty in that group of connected counterparties.

Group of connected counterparties has the meaning given in APS 221.

Large exposure has the meaning given in APS 221.

Legal Entity Identifier is a 20-digit, alpha-numeric code issued by a Local Operating Unit in accordance with the International Organization for Standardization's International Standard ISO 17442. The Global Legal Entity Identifier Foundation maintains a free online searchable database of Legal Entity Identifiers, available at https://search.gleif.org/#/search/.

Market related means off-balance sheet exposures arising from market related contracts. Refer to APS 180 for examples of