PET - Plain English Taxonomy

Attribute: CS13089
Concept:
Label: Non-Market Related Off-Balance Sheet Credit Exposures - IRB Approach
Concept Guidance:
This is the value, as at the relevant date, of any credit exposure arising from non-market-related off-balance sheet business.This item is calculated for capital adequacy purposes and is to be determined in accordance with relevant prudential standards.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. 
Dimensions
Dimension Member Description
(CreditEquivalentAmountCRMAdjusted)
This dimension identifies the measurement approach used to calculate this amount.
The value reported is the credit equivalent amount, after taking to 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.The credit equivalent amount (CEA) represents the on-balance sheet equivalent of an off-balance sheet exposure.In relation to a non-market-related off-balance sheet transaction, the CEA adjusted for CRM is calculated by multiplying the notional principal amount of a particular transaction, after adjusting for CRM, by the relevant credit conversion factor.In relation to a market-related off-balance sheet transaction, the CEA adjusted for CRM is determined using the current exposure method, calculated as the notional principal amount, after adjusting for CRM, multiplied by the credit conversion factor, plus the current exposure amount of the particular transaction.
The description of the transaction.