Commission Implementing Regulation (EU) 2018/1624Show full title

II.5 Z 05.01 and Z 05.02 — Major Counterparties (MCP)

II.5.1 General remarks

26. These templates collect information on liabilities towards major counterparties (Z 05.01) and off-balance sheet items received from major counterparties (Z 05.02).Reported amounts shall be aggregated where they belong to the same counterparty and the same type of liabilities or off-balance sheet items.

27. Liabilities and off-balance sheet items for which the counterparty cannot be identified shall not be reported in these templates. Liabilities and off balance sheet items for which the counterparty is an entity included in the consolidated financial statements shall not be reported.

II.5.2 Z 05.01 – Major liabilities counterparties — Instructions concerning specific positions

28. The combination of values reported in columns 0020 and 0060 of this template forms a primary key which has to be unique for each row of the template.

Columns	Instructions
0010-0050	Counterparty Information on the major counterparty in relation to which the liability arises Major counterparties shall be identified by summing up the outstanding amounts of all liabilities of the entity or group for which the template is reported, to each counterparty or group of connected clients, excluding liabilities to entities included in the consolidated financial statements. The counterparties and groups of connected counterparties are then ranked by aggregate outstanding amount in order to identify the top 10 major counterparties, on which information shall be provided in this template. The definition of ‘group of connected counterparties’ shall follow the definition of ‘group of connected clients’ laid down in Article 4(1) point 39 of Regulation (EU) No 575/2013. For the purpose of this template, a counterparty may not be an entity included in the consolidated financial statements.
0010	Entity name Name of the major counterparty or, where applicable, name of a group of connected clients. The name of a group of connected clients shall be the name of the parent company or, when the group of connected clients does not have a parent, the group's commercial name.
0020	Code The code of the major counterparty or group of connected clients. For institutions the code shall be the 20-digit, alphanumeric LEI code. For other entities the code shall be the 20-digit, alphanumeric LEI code, or if not available a code under a uniform codification applicable in the Union, or if not available a national code. The code shall be unique and used consistently across the templates.
0030	Group or individual The institution shall report ‘1’ for individual major counterparties and ‘2’ for groups of connected clients.
0040	Country The ISO 3166-1-alpha-2 code of the country of incorporation of the counterparty. This includes pseudo-ISO codes for international organisations, available in the last edition of the Eurostat's ‘Balance of Payments Vademecum’. The country is determined by reference to counterparty's registered office. For groups of connected clients, the country of incorporation of the parent company.
0050	Sector One sector shall be allocated to every counterparty on the basis of FINREP economic sector classes (FINREP, Annex V, Part 1, chapter 6): Central Banks General Governments Credit institutions: Other financial corporations Non-financial corporations Households For groups of connected clients, no sector shall be reported.
0060	Type The liability type shall be one of the liability types listed in template Z 02.00 — Liability Structure (LIAB), namely: L.0 Liabilities excluded from bail-in; L.1 Deposits, not covered but preferential; L.2. Deposits, not covered and not preferential; L.3 Liabilities arising from derivatives L.4 Uncollateralized secured liabilities L.5 Structured notes L.6 Senior unsecured liabilities L.7 non-preferred senior liabilities L.8 Subordinated liabilities (not recognised as own funds) L.9 Other MREL eligible liabilities L.10 Non-financial liabilities L.11 Residual liabilities If the liabilities towards a major counterparty consist of more than one of the types mentioned above, each liability type shall be reported in a separate row.
0070	Amount The amount shall be equivalent to the definition of an ‘outstanding amount’ as prescribed for in template Z 02.00 — Liability Structure. In case of liabilities arising from derivatives (type L.3), the close-out amounts as defined for the purposes of row 0333 template Z 02.00 shall be reported.

II.5.3 Z 05.02 – Major off-balance sheet counterparties: Instructions concerning specific positions

29. The combination of values reported in columns 0020 and 0060 of this template forms a primary key which has to be unique for each row of the template.

Columns	Instructions
0010-0050	Counterparties Information on the major off-balance sheet counterparties. Major off-balance sheet counterparties shall be identified by summing up the total nominal amount of commitments and financial guarantees received (as defined for the purposes of FINREP, template F 09) by the entity or group entities for which the template is reported from counterparties or group of connected clients. Major off-balance sheet counterparties shall exclude entities included in the consolidated financial statements of the group. The counterparties and groups of connected clients are then ranked by aggregate amount in order to identify the top 10 major off-balance sheet counterparties, on which information shall be provided in this template. For the purpose of this template, only counterparties that are not included in the consolidated financial statements shall be reported.
0010	Entity name See instructions on column 0010 of Z 05.01
0020	Code See instructions on column 0020 of Z 05.01
0030	Group or individual See instructions on column 0030 of Z 05.01
0040	Country See instructions on column 0040 of Z 05.01
0050	Sector See instructions on column 0050 of Z 05.01
0060	Type The type of off-balance sheet exposure shall be one of the following as defined in FINREP, template F 09.02: OBS.1 Loan commitments received OBS.2 Financial guarantees received OBS.3 Other commitments received If the off-balance sheet items received from a major counterparty consist of more than one of the types mentioned above, each type of off-balance sheet item shall be reported in a separate row.
0070	Amount