PET - Plain English Taxonomy

Attribute: CS14769
Concept:
Label: On-Balance Sheet Credit Exposures
Concept Guidance:
This is the value, as at the relevant date, of on-balance sheet credit exposures.A credit exposure represents an asset, liability, claim or commitment of an entity, which may be recorded on or off the balance sheet and which gives rise to credit risk.This item is calculated for capital adequacy purposes and is to be determined in accordance with relevant prudential standards. 
Dimensions
Dimension Member Description
(ExposuresAtDefaultCRMAdjusted)
This dimension identifies the measurement scenario under which the reported value was calculated.
The value reported is the exposure at default (EAD) after taking into account the credit risk mitigation (CRM) techniques used by the reporting party. This amount is to be determined and adjusted for CRM in accordance with relevant prudential standards.EAD represents the gross exposure under a facility (i.e. the amount that is legally owed to the lending entity) upon default of the obligor.
(ThirtyFivePercent)
This dimension is used to categorise exposures based on their assigned expected loss risk weighting, as determined in accordance with relevant prudential standards.
Information in relation to exposures with an expected loss risk weighting of 35% in accordance with the relevant prudential standards.
(ProjectFinance)
This dimension categorises information reported based on the specialised lending methods defined under the Internal Ratings-based approach to credit risk, as determined in accordance with relevant prudential standards.
The information reported is in relation to the project finance method of funding under the Internal Ratings-based (IRB) approach to credit risk in accordance with relevant prudential standards.Project finance is a method of funding where the lender looks primarily to the revenues generated by a single project as both the source of repayment and as security for the exposure. This type of financing is usually for large complex installations that could include, for example, power plants, chemical processing plants, mines, transportation infrastructure, environment and telecommunications infrastructure. Project finance may take the form of financing the construction of a new installation or refinancing an existing installation, with or without improvements.In such transactions, a lender is usually paid solely, or almost exclusively, out of the money generated by the contracts for the facility's output. The obligor is usually a special purpose vehicle (SPV) that is not permitted to perform any function other than developing, owning and operating the installation. The consequence is that repayment depends primarily on the project's cash flow and on the value of the project's assets. This does not include exposures where the repayment of the exposure depends primarily on a well-established, diversified, contractually obligated end-user.
(Satisfactory)
This dimension categorises information reported in relation to credit exposures, based on internal rating grades and associated prescribed supervisory slotting categories.These categories are used for capital adequacy purposes and are to be determined under the internal ratings-based supervisory slotting approach to credit risk, in accordance with relevant prudential standards.Each slotting category is associated with a specific risk-weight for unexpected losses that broadly corresponds to a range of external credit assessments.
The information reported relates to credit exposures allocated to the satisfactory supervisory slotting category, based on internal rating grades.This category is used for capital adequacy purposes and is to be determined under the internal ratings-based supervisory slotting approach to credit risk, in accordance with relevant prudential standards.
(OneHundredAndFifteenPercent)
This dimension is used to categorise exposures based on their assigned unexpected loss risk weighting, as determined in accordance with relevant prudential standards.
Information in relation to exposures with an unexpected loss risk weighting of 115% in accordance with the relevant prudential standards.