PET - Plain English Taxonomy

Attribute: E00380
Concept:
Label: Off-Balance Sheet Exposures - Market Related
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, meaning net of the following exposures:     - 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; 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.
(Top20Value)
This dimension categorises the reported data according to materiality limits.
The reported data relates to the twenty largest items by monetary value.
This is the legal name of the entity.