This is the value, as at the relevant date, of counterparty exposures to off-balance sheet assets. An exposure to a counterparty or a group of related counterparties is the aggregate of all claims, commitments and contingent liabilities from on- or off-balance sheet transactions with the counterparty or group of related counterparties.Off-balance sheet exposures refer to items that are not recognised in the statement of financial position of the reporting entity, such as contingent assets and liabilities.