PET - Plain English Taxonomy

Attribute: CS17707
Concept:
Label: Claims (other than equity) on Australian and International corporate counterparties (including insurance and securities companies) and commercial public sector entities
Concept Guidance:
This is the value, as at the relevant date, of claims (other than equity) on Australian and International corporate counterparties (including insurance and securities companies) and commercial public sector entities. 
Form-Specifc Guidance:
APS 112 provides for an ADI to obtain approval in writing from APRA to risk-weight all claims (other than equity) held in the banking book on Australian and international corporate counterparties (including insurance and securities companies) and commercial public sector entities at 100 per cent. If an ADI has obtained approval in writing to use a 100 per cent risk-weight for these claims, it must do so in a consistent manner and not use any external ratings for any of these claims (refer to APS 112). Where this is the case, the ADI must report the total Exposures before CRM and Exposures after CRM under item 7.1.7 Unrated.
Dimensions
Dimension Member Description
(Performing)
This dimension classifies assets according to the likelihood of their full economic benefits being realised.
The data reported relates to performing assets, that is assets that have not been classified as non-performing as defined in Prudential Standard APS 220 Credit Risk Management (APS 220).
(RWA)
This dimension identifies the measurement approach used to calculate this amount.
The value reported is the risk-weighted asset amount or equivalent (such as risk-weighted exposure), as determined in accordance with relevant prudential standards.
(GradeIssueSpecific)
This dimension categorises investments of the entity according to the long-term and short-term credit rating grades of the counterparty as determined by various rating agencies. Long-term ratings: Rating Grade1: Standard & Poor's AAA, AA+, AA, AA-; Moody's Aaa, Aa1, Aa2, Aa3; Fitch AAA, AA+, AA, AA-. Rating Grade2: Standard & Poor's A+, A, A-; Moody's A1, A2, A3; Fitch  A+, A, A-. Rating Grade3: Standard & Poor's BBB+, BBB, BBB-; Moody's Baa1,  Baa2, Baa3; Fitch BBB+, BBB, BBB-. Rating Grade4: Standard & Poor's BB+, BB, BB-; Moody's Ba1, Ba2, Ba3; Fitch BB+, BB, BB-. Rating Grade5: Standard & Poor's B+, B, B-; Moody's B1, B2, B3; Fitch B+, B, B-. Rating Grade6: Standard & Poor's CCC+, CCC, CCC-, CC, C, D; Moody's Caa1,  Caa2, Caa3, Ca, C; Fitch CCC+, CCC, CCC-, CC, C, D. Short-term ratings: Rating Grade1: Standard & Poor's A-1; Moody's P-1; Fitch F-1. Rating Grade2: Standard & Poor's A-2; Moody's P-2; Fitch F-2. Rating Grade3: Standard & Poor's A-3; Moody's P-3; Fitch F-3. Rating Grade4: Standard & Poor's Others; Moody's Others; Fitch Others;
This information relates to issue-specific short-term rated instruments and claims. Issue-specific short-term ratings reflect the characteristics of an individual instrument or claim, as opposed to the characteristics of the issuer, and are determined by external credit assessment institutions.