Division 5.1 Instructions concerning specific columnsF1

Institutions shall report the identification of any counterparty for which information is being submitted in any of the templates C 28.00 to C 31.00. The identification of the group of connected clients shall not be reported, unless the national reporting system provides a unique code for the group of connected clients.

According to Article 394(1)(a) of CRR, institutions shall report the identification of the counterparty to which they have a large exposure as defined in Article 392 of CRR.

According to Article 394(2)(a) of CRR, institutions shall report the identification of the counterparty to which they have the largest exposures (in the cases where the counterparty is an institution or an unregulated financial sector entity).

The code is a row identifier, and must be unique for each row in the table.

The code shall be used to identify the individual counterparty. However, the purpose of this column is to link counterparty details in C 27.00 with exposures reported in C 28.00 – C 31.00. The code of the group of connected clients shall not be reported, unless the national reporting system provides a unique code for the group of connected clients. The codes shall be used in a consistent way across time.

The composition of the code depends on the national reporting system, unless a uniform codification is available in the Union.

The name shall correspond to the name of the group whenever a group of connected clients is reported. In any other case, the name shall correspond to the individual counterparty.

For a group of connected clients, the name that shall be reported shall be the name of the parent company or, when the group of connected clients does not have a parent, it shall be the group’s commercial name.

The legal entity identifier code of the counterparty.

The ISO code 3166-1-alpha-2 of the country of incorporation of the counterparty shall be used (including pseudo-ISO codes for international organisations, available in the last edition of the Eurostat’s ‘ Balance of Payments Vademecum ’ )

For groups of connected clients, no residence shall be reported.

One sector shall be allocated to every counterparty on the basis of FINREP economic sector classes:

1. (i)

   Central Banks;

2. (ii)

   General Governments;

3. (iii)

   Credit institutions;

4. (iv)

   investment firms as defined in Article 4(1)(2) CRR;

5. (v)

   Other financial corporations (excluding investment firms);

6. (vi)

   Non-financial corporations;

7. (vii)

   Households.

For groups of connected clients, no sector shall be reported.

For the economic sector, the NACE codes (Nomenclature statistique des activités économiques dans l’Union européenne = Statistical Classification of Economic Activities in the European Union) shall be used.

This column shall apply only for the counterparties ‘ Other financial corporations ’ and ‘ Non-financial corporations ’ . NACE codes shall be used for ‘ Non-financial corporations ’ with one level detail (e.g. ‘ F – Construction ’ ) and for ‘ Other financial corporations ’ with a two level detail, which provides separate information on insurance activities (e.g. ‘ K65 — Insurance, reinsurance and pension funding, except compulsory social security ’ ).’

The ‘ Other financial corporations ’ and ‘ Non-financial corporations ’ economic sectors shall be classified on the basis of FINREP counterparty breakdown.

For groups of connected clients, no NACE code shall be reported.

Article 394(2) of CRR

The type of the counterparty of the ten largest exposures to institutions and the ten largest exposures to unregulated financial sector entities shall be specified by using ‘ I ’ for institutions or ‘ U ’ for unregulated financial sector entities.