PET - Plain English Taxonomy

Attribute: CS14778
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.
(ObjectFinance)
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 object finance method of funding under the Internal Ratings-based (IRB) approach to credit risk in accordance with relevant prudential standards.Object finance is a method of funding the acquisition of specific assets (e.g. ships, aircrafts, satellites, rail stock and motor vehicle fleets) where the repayment of the exposure is dependent on the cash flows generated by the specific assets that have been financed and pledged or assigned to the lender. A primary source of these cash flows might be rental or lease contracts with one or more third parties.This does not include those exposures to an obligor whose financial condition and debt-servicing capacity enables it to repay the debt without undue reliance on the specifically pledged or assigned assets.