PET - Plain English Taxonomy

Attribute: R14455
Concept:
Label: Local liabilities
Concept Guidance:
This is the value, as at the relevant date, for immediate borrower liability representing all on-balance sheet financial liabilities, excluding derivative contracts and borrowing of securities, gold and other precious metals without cash collateral. 
Dimensions
Dimension Member Description
This dimension categorises the reported information by the country of residence/location of the counterparty from whom the reporting party directly derives its return on investment in the financial asset and on whom the reporting party has the primary claim when liquidating the asset.  Residence/location is determined by where the entity is permanently located, physically and/or by way of law or registration, inside or outside a country's borders.  Foreign branches or subsidiaries are classified as residents of the country in which they operate.
(Local)
This dimension categorises the reported data according to the classification of the exposure position.
The information reported is in relation to claims or liabilities of an Australian office on Australian residents, and claims or liabilities of offshore offices on residents of the host country, in any currency.
(Domestic)
This dimension categorises the reported data according to the currency in which the transactions were originally denominated.
The information reported is in relation to the local currency of the office where it is booked.