Item number

Description

108

Impaired advances

This item shall reflect the relevant aggregate amount of advances in respect of which the bank raised a specific impairment.

As a minimum, an advance is considered to be impaired when objective evidence exists that the bank is unlikely to collect the total amount due.

109 to 112

Assets bought-in

These items shall reflect the relevant aggregate on-balance sheet carrying value of assets bought-in during the preceding five years to protect an investment, including a loan or advance, which assets have not been disposed of at the end of the reporting period.

113 to 115

Credit impairments

These items shall reflect the relevant required aggregate amounts of specific credit impairments and portfolio credit impairments raised by the reporting bank in accordance with the relevant requirements specified in financial reporting standards issued from time to time.

117

Total credit extended

This item shall reflect the relevant aggregate outstanding credit exposure amount due to the reporting bank in respect of loans, advances, off-balance-sheet exposure, derivative instruments and repurchase or resale agreements, before the effect of credit risk mitigation has been taken into consideration.

118

Exposure at default (EAD)

This item shall reflect the reporting bank's relevant aggregate EAD amount, calculated in accordance with the relevant requirements specified in these Regulations.

119

Average probability of default (PD, EAD weighted)

This item shall reflect the reporting bank’s relevant EAD weighted average probability of default percentage, calculated in accordance with the relevant requirements specified in these Regulations.

120

Average loss given default (LGD, EAD weighted)

This item shall reflect the reporting bank’s relevant EAD weighted average LGD percentage relating to credit exposure, calculated in accordance with the relevant requirements specified in these Regulations.

121

Total expected loss (EL)

Based on, amongst others, the relevant requirements specified in subregulation (21), this item shall reflect the reporting bank's relevant aggregate amount of expected loss.

122

Best estimate of expected loss (BEEL)

Based on a PD of 100 per cent in respect of any relevant defaulted exposure, this item shall reflect the reporting bank's best estimate of expected loss amount, which is expected to be an amount equal to or higher than the amount raised by the reporting bank in respect of specific credit impairment in accordance with the relevant requirements specified in financial reporting standards issued from time to time, provided that when the aforesaid two amounts differ the reporting bank shall at the written request of the Authority provide the Authority with a detailed reconciliation in writing between the two said amounts, which reconciliation shall duly explain the relevant reconciliation differences.