Commission Implementing Regulation (EU) No 680/2014Show full title

[F1 19. GEOGRAPHICAL BREAKDOWN (20) U.K.

269. Template 20 shall be reported where the institution exceeds the threshold described in Article 5 (a) (4) of this Regulation. U.K.

19.1. Geographical breakdown by location of activities (20.1-20.3) U.K.

270. The geographical breakdown by location of the activities in templates 20.1 to 20.3 distinguishes between ‘ domestic activities ’ and ‘ non-domestic activities ’ . For the purposes of this Part, ‘ location ’ means the jurisdiction of incorporation of the legal entity which has recognised the corresponding asset or liability; for branches, it means the jurisdiction of its residence. For these purposes, ‘ domestic ’ shall include the activities recognised in the Member State where the reporting institution is located. U.K.

19.2. Geographical breakdown by residence of the counterparty (20.4-20.7) U.K.

271. Templates 20.4 to 20.7 contain information ‘ country-by-country ’ on the basis of the residence of the immediate counterparty as defined in paragraph 43 of Part 1 of this Annex. The breakdown provided shall include exposures or liabilities with residents in each foreign country in which the institution has exposures. Exposures or liabilities with international organisations and multilateral development banks shall not be assigned to the country of residence of the institution but to the geographical area ‘ Other countries ’ . U.K.

272. ‘ Derivatives ’ shall include both trading derivatives, including economic hedges, and hedging derivatives under IFRS and under GAAP, reported in templates 10 and 11. U.K.

273. Assets held for trading under IFRS and trading assets under GAAP shall be identified separately. Financial assets subject to impairment shall have the same meaning as in paragraph 93 of this Part. Assets measured under LOCOM that have credit risk induced value adjustments shall be considered as impaired. U.K.

274. In templates 20.4 and 20.7, ‘ Accumulated impairment ’ and ‘ Accumulated negative changes in fair value due to credit risk on non-performing exposures ’ shall be reported as defined in paragraphs 69 to 71 of this Part. U.K.

275. In template 20.4 for debt instruments, ‘ gross carrying amount ’ shall be reported as defined in paragraph 34 of Part 1 of this Annex. For derivatives and equity instruments, the amount to be reported shall be the carrying amount. In column ‘ Of which: Non-performing ’ debt instruments shall be reported as defined in paragraphs 213 to 232 of this Part. Debt forbearance comprises all ‘ debt ’ contracts for the purpose of template 19 to which forbearance measures, as defined in paragraphs 240 to 255 of this Part, are extended. U.K.

276. In template 20.5, ‘ Provisions for commitments and guarantees given ’ shall include provisions measured under IAS 37, the credit losses of financial guarantees treated as insurance contracts under IFRS 4, and the provisions on loan commitments and financial guarantees under the impairment requirements of IFRS 9 and provisions for commitments and guarantees under national GAAP based on BAD in accordance with paragraph 11 of this Part. U.K.

277. In template 20.7, loans and advances not held for trading shall be reported with the classification by NACE Codes on a ‘ country-by-country ’ basis. NACE Codes shall be reported with the first level of disaggregation (by ‘ section ’ ). Loans and advances subject to impairment shall refer to the same portfolios as referred to in paragraph 93 of this Part.] U.K.

Textual Amendments

F1 Substituted by Commission Implementing Regulation (EU) 2018/1627 of 9 October 2018 amending Implementing Regulation (EU) No 680/2014 as regards prudent valuation for supervisory reporting (Text with EEA relevance).