Article 19 Format and Frequency of Reporting on Asset Encumbrance on an Individual and a Consolidated Basis

1.

In order to report information on asset encumbrance in accordance with point (g) of Article 430(1) of the CRR on an individual and a consolidated basis, institutions shall submit the information specified in Annex XVI to this Chapter 5 of this Reporting (CRR) Part of the PRA Rulebook, in accordance with the instructions set out in Annex XVII to this Chapter 5 of this Reporting (CRR) Part of the PRA Rulebook.

2.

The information referred to in paragraph 1 shall be submitted in accordance with the following specifications:

  1. (a) the information specified in Parts A, B and D of Annex XVI with a quarterly frequency;
  2. (b) the information specified in Part C of Annex XVI with an annual frequency;
  3. (c) the information specified in Part E of Annex XVI with a semi-annual frequency.

3.

Institutions shall not be required to report the information in Parts B, C and E of Annex XVI where both of the following conditions are met:

  1. (a) the institution is not considered a large institution;
  2. (b) the asset encumbrance level of the institution, as calculated in accordance with paragraph 9 of point 1.6 of Annex XVII, is below 15%.

The entry and exit criteria of Article 4(2) shall apply.

4.

Institutions shall be required to report the information specified in Part D of Annex XVI only where they issue bonds referred to in the first subparagraph of provisions implementing Article 52(4) of Directive 2009/65/EC of the European Parliament and of the Council.

The entry and exit criteria of Article 4(2) shall apply.