Clarification “Other collateralized loans” template F 05.01

Background provided by the submitter · verbatim

In Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) Annex V part 2.41 (i), valid until Q4 2017 reporting, the following guidance is given: “Other collateralized loans” include loans formally backed by collateral, independently of their loan/collateral ratio (so-called “loan-to-value”), other than “Loans collateralised by immovable property”, “Finance leases” and “Reverse repurchase loans”. This collateral includes pledges of securities, cash, and other collateral. The guidance in the IFRS 9 ‘Supervisory Reporting ITS’ is amended and does not specifically mention the exception of the “Finance leases” and “Reverse repurchase loans”. The IFRS 9 ‘Supervisory Reporting ITS’ Annex V. states in part 2.86 (a):‘Other collateralized loans’ shall include loans and advances formally secured by collateral, independently of their loan/collateral ratio (commonly referred to as ‘loan-to-value’) and the legal form of the collateral, other than ‘Loans collateralized by immovable property’. This collateral shall include pledges of securities, cash, and other collateral independently from the legal form of the collateral.