PET - Plain English Taxonomy

Attribute: E00323
Concept:
Label: Off-Balance Sheet Exposures - Market Related (e.g. Foreign Exchange and Interest Rate Contracts)
Concept Guidance:
This is the credit equivalent amount, as at the relevant date, of market-related off-balance sheet exposures, as determined in accordance with Prudential Standard APS 221.This includes all exposures arising from off-balance sheet market related contracts and is to be reported on a net basis, i.e. net of exposures excluded under APS 221, specifically:     - exposures deducted from the reporting party's capital (refer to Prudential Standard APS;     - exposures to the extent that they are secured by cash deposits (subject to satisfying the criteria set out in Prudential Standard APS 112;     - exposures to the extent that they are guaranteed by, or secured against securities issued by, governments or central banks (subject to satisfying the conditions set out in APS 112);      - exposures arising in the course of settlement of market-related contracts;     - exposures to an ADI required as part of a liquidity support arrangement that has been certified by APRA under section 11CB of the Banking Act 1959; and      - exposures to the extent that they have been written off or specifically provided for.Netting by novation and close-out netting are permissible for market related contracts provided all the requirements set out in the prudential standards for bilateral netting are met. Multilateral netting and netting of exposures against offsetting positions held by a group of related counterparties are not recognised. Off-balance sheet refers to assets or liabilities that are not recognised or recorded on the statement of financial position of the reporting party because they do not satisfy the asset or liability accounting recognition requirements 
Dimensions
Dimension Member Description
This dimension categorises the reported data according to the type of counterparty the entity has transacted with.
(TopTen5PctCB)
This dimension categorises the reported data according to materiality limits.
The reported data is related to items that meet the following criteria: - the items are each greater than 5% of the reporting party's capital base; or - if the number of such items is less than 10 then it is related to the 10 largest items; or - if the number of items is less than 10 in total, it is related to all items.
This is the legal name of the entity.