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pdfForm FFIEC 009
OMB No. 7100–0035 (FRB)
1557–0100 (OCC)
3064–0017 (FDIC)
Approval expires April 30, 2009
Board of Governors of the Federal Reserve System
Comptroller of the Currency
Federal Deposit Insurance Corporation
Country Exposure Report
Page 1 of 20
as of
This report is required to be filed by national banks, state member banks,
bank holding companies, and insured state nonmember commercial banks
pursuant to authority contained in the following statutes:
Charter Number (National Banks Only)
Reporting Institution
City
Name, title, and phone number of person to whom inquiries regarding this
report may be directed:
Name
Title
Area Code/Phone Number
State
The Board of Governors of the Federal Reserve System, the Office of the
Comptroller of the Currency, and the Federal Deposit Insurance Corporation
are of the view that individual bank information reported on this form is
exempt from public disclosure under Section (b)(8) of the Freedom of
Information Act (5 USC 552 (b)(8)). Accordingly, individual bank information
reported on this form will be considered confidential and will not be voluntarily disclosed by the Office of the Comptroller of the Currency, the Federal
Reserve System, or the Federal Deposit Insurance Corporation.
I,
,
Name
, an authorized officer
Title
of the bank or bank holding company named above, hereby certify on the
day of
, 20
, that this
report has been examined by me and is true and complete to the best of my
knowledge and belief.
Signature
Board of Governors of the Federal Reserve System—Section 11a of the
Federal Reserve Act (12 USC 248a), Section 5c of the Bank Holding
Company Act (12 USC 1844c), and Section 907 of the International
Lending Supervision Act of 1983 (12 USC 3906); and
Comptroller of the Currency—the National Bank Act, as amended (12
USC 161);
Federal Deposit Insurance Corporation—Sections 7 and 10 of the Federal Deposit Insurance Act (12 USC 1817 and 1820)
All FFIEC 009 respondents should submit their completed report, via the
Federal Reserve System's Internet Electronic Submission (IESUB) system,
within 45 days of the reporting date. Any FFIEC 009 respondent who needs
guidance is encouraged to visit the Federal Reserve System Web site
http://www.reportingandreserves.org/req.html for additional information on
IESUB.
Each report submitted should be signed and certified by an executive officer
of the bank or holding company. “Executive Officer” is defined in 12 CFR
215.2(e)(1). To fulfill the signature and attestation requirement for the
Country Exposure Report for this report date, attach a signed copy of this
page (or a photocopy or a computer-generated version of this page) to the
paper-copy record of the completed report that the respondent places in its
files.
Public reporting burden for this collection of information is estimated to average 70 hours per
response, including the time for reviewing instructions, searching existing data sources, gathering
and maintaining the data needed, and completing and reviewing the collection of information.
A Federal agency may not conduct or sponsor, and an organization (or a person) is not required
to respond to a collection of information, unless it displays a currently valid OMB control number.
Comments concerning the accuracy of this burden estimate and suggestions for reducing this
burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget, Paperwork Reduction Project (7100–0035), Washington, D.C. 20503, and to
one of the following:
Secretary
Board of Governors of the Federal Reserve System
Washington, D.C. 20551
Legislative and Regulatory Analysis Division
Office of the Comptroller of the Currency
Washington, D.C. 20219
Assistant Executive Secretary
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 2 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
EUROPE
Albania
15105
Armenia
16519
Austria
10189
Azerbaijan
16527
Belarus
16209
Belgium
10251
Bosnia & Herzegovina
14109
Bulgaria
15202
Croatia
14214
Cyprus
10405
Czech Republic
15288
Denmark
10502
European Central Bank
13501
Estonia
15407
Finland
10707
France
10804
Georgia
16535
Germany
11002
Gibraltar
11088
Greece
11207
Hungary
15504
Iceland
11304
Ireland
11401
Italy
11509
Kazakhstan
16543
Kyrgyzstan
16551
Latvia
15601
Lithuania
15709
Luxembourg
11703
Macedonia, former Yugoslav Republic of
14419
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 3 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
EUROPE (continued)
Malta
11819
Moldova
16306
Monaco
12009
Netherlands
12106
Norway
12203
Poland
15768
Portugal
12319
Romania
15806
Russia
16101
Serbia & Montenegro, former Yugoslavia
13218
Slovakia
15318
Slovenia
14338
Spain
12505
Sweden
12602
Switzerland
12688
Tajikistan
16578
Turkey
12807
Turkmenistan
16616
Ukraine
16403
United Kingdom
13005
Channel Islands & Isle of Man
Foreign-Office Claims on
Local Residents in Non-Local
Currency
13056
Uzbekistan
16705
Vatican City
13102
Other Europe
18007
TOTAL EUROPE
19992
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 4 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
LATIN AMERICA/CARIBBEAN
Argentina
30104
Bahamas
35319
Barbados
30155
Belize
35718
Bermuda
35602
Bolivia
30201
Brazil
30309
British West Indies
36005
Cayman Islands
36137
Chile
30406
Colombia
30503
Costa Rica
30589
Cuba
30708
Dominican Republic
30805
Ecuador
31003
El Salvador
31089
Falkland Islands
36307
French West Indies & French Guiana
36609
Grenada
36706
Guatemala
31208
Guyana
31305
Haiti
31402
Honduras
31488
Jamaica
31607
Mexico
31704
Netherlands Antilles
37206
Nicaragua
31801
Panama
31887
Paraguay
32107
Peru
32204
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 5 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
LATIN AMERICA/CARIBBEAN (continued)
Suriname
Foreign-Office Claims on
Local Residents in Non-Local
Currency
37702
Trinidad & Tobago
32409
Uruguay
32603
Venezuela
32719
Other Latin America/Caribbean
39004
TOTAL LATIN AMERICA/CARIBBEAN
39993
ASIA/MIDDLE EAST
Afghanistan
40401
Bahrain
40703
Bangladesh
40746
Bhutan
40819
Brunei
41009
Burma
41106
Cambodia
41203
China: Mainland
41408
Taiwan
46302
Hong Kong
42005
India
42102
Indonesia
42218
Iran
42307
Iraq
42404
Israel
42501
Japan
42609
Jordan
42706
Korea
43001
Kuwait
43109
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 6 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
ASIA/MIDDLE EAST (continued)
Laos
43303
Lebanon
43419
Macau
43508
Malaysia
43605
Maldives
43702
Mongolia
43818
Nepal
44202
North Korea
44407
Oman
44105
Pakistan
44709
Philippines
44806
Qatar
45101
Saudi Arabia
45608
Singapore
46019
Sri Lanka
41319
Syria
46205
Thailand
46418
United Arab Emirates
46604
Vietnam
46906
Yemen
47104
Other Asia/Middle East
48909
TOTAL ASIA/MIDDLE EAST
49999
AFRICA
Algeria
50105
Angola
50202
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 7 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
AFRICA (continued)
Benin
51802
Botswana
50504
Burkina
57118
Burundi
50806
Cameroon
51004
Cape Verde
51209
Central African Republic
51306
Chad
51403
Comoros
51519
Congo (Brazzaville)
51608
Congo (Kinshasa), former Zaire
51705
Djibouti
52302
Egypt
57002
Equatorial Guinea
51942
Ethiopia
52108
Gabon
52418
Gambia, The
52507
Ghana
52604
Guinea
52701
Guinea-Bissau
54402
Ivory Coast
53007
Kenya
53104
Lesotho
53155
Liberia
53201
Libya
53309
Madagascar
53406
Malawi
53503
Mali
53589
Mauritania
53708
Mauritius
53805
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 8 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
AFRICA (continued)
Morocco
54003
Mozambique
54089
Namibia
54127
Niger
54208
Nigeria
54305
Reunion
54607
Rwanda
55018
Sao Tome & Principe
55204
Senegal
55301
Seychelles
55409
Sierra Leone
55506
Somalia
55603
South Africa
55719
Sudan
56103
Swaziland
56219
Tanzania
56405
Togo
56502
Tunisia
56707
Uganda
56804
Zambia
57207
Zimbabwe
54704
Other Africa
58904
TOTAL AFRICA
59994
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 9 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
OTHER COUNTRIES
Australia
60089
British Oceania
60208
Fiji
60607
French Polynesia
60704
Nauru
61301
New Caledonia
61409
New Zealand
61689
Palau, former U.S. Territories &
Pacific Islands
62502
Papua New Guinea
61751
St. Pierre & Miquelon
62219
Tonga
62448
Western Samoa
62618
Vanuatu (New Hebrides)
61603
All Other Countries
63908
TOTAL OTHER COUNTRIES
69906
NORTH AMERICA
Canada
29998
United States
01007
TOTAL NORTH AMERICA
29999
Schedule 1: Country Exposure Report (Excluding Foreign Exchange and Derivative Products)
FFIEC 009
Page 10 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Name of Reporting Institution
Redistribution of Claims to Adjust for Ultimate Risk
Immediate-Counterparty Basis
Date
Ultimate-Risk Basis
Foreign-Office Claims on Local Residents
Cross-Border Claims
FCEX
9151
Country (a)
Foreign-Office Claims on
Local Residents in Non-Local
Currency
Breakdown
of Total of
Columns
1 through 6
Outward Risk Transfers of Claims
Reported in Columns 1 through 6
and 8 or on U.S. Residents
Breakdown
of Total of
Columns 18,
19, and 20
Remaining
Maturity Up to
and Including
1 Year
ForeignOffice
Claims on
Local
Residents
in Local
Currency
Claims on
Banks
Claims on
Public
Claims on
Other
Claims on
Banks
Claims on
Public
Claims on
Other
Banks
Public
Other
Banks
Public
Other
Claims in
Non-Local
Currency
Unused
Commitments
Guarantees
and Credit
Derivatives
Inward Risk Transfers of Claims
Reported in Columns 9, 10, and 11
Cross-Border Claims
Cross-Border and Foreign-Office
Commitments and Guarantees
Banks
Public
Other
Banks
Public
Other
9207
C915
C916
C917
C918
C919
C920
C921
C922
C923
C924
C925
C926
C927
C928
C929
C930
C931
C932
C933
C934
C935
C936
C937
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
INTERNATIONAL & REGIONAL
International
72907
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
Western European Regional
73903
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
Eastern European Regional
73904
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
Latin American Regional
74918
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
Asian Regional
75906
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
African Regional
76902
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
Middle Eastern Regional
77909
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
TOTAL INTERNATIONAL & REGIONAL
79995
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
xxxx
GRAND TOTAL 1
99996
1. Because Columns (12), (13), and (14) are a redistribution of amounts reported in Columns (9), (10), and
(11), the total for Columns (9), (10), and (11) should equal the total for Columns (12), (13), and (14).
Schedule 1a: Country Exposure Report – Foreign-Office Liabilities and Memorandum Items
FFIEC 009
Page 11 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Memorandum Items
Foreign-Office Liabilities
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Foreign-Office Liabilities
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
EUROPE
By Country of
Foreign Office
FCEX
9207
C938
C939
C940
8595
A152
C941
(1)
(2)
(3)
(4)
(5)
(6)
15105
Malta
11819
16519
Moldova
16306
Austria
10189
Monaco
12009
Azerbaijan
16527
Netherlands
12106
Belarus
16209
Norway
12203
Belgium
10251
Poland
15768
Bosnia & Herzegovina
14109
Portugal
12319
Bulgaria
15202
Romania
15806
Croatia
14214
Russia
16101
Cyprus
10405
Serbia & Montenegro, former Yugoslavia
13218
Czech Republic
15288
Slovakia
15318
Denmark
10502
Slovenia
14338
European Central Bank
13501
Spain
12505
Estonia
15407
Sweden
12602
Finland
10707
Switzerland
12688
France
10804
Tajikistan
16578
Georgia
16535
Turkey
12807
Germany
11002
Turkmenistan
16616
Gibraltar
11088
Ukraine
16403
Greece
11207
United Kingdom
13005
Hungary
15504
Iceland
11304
Uzbekistan
16705
Ireland
11401
Vatican City
13102
Italy
11509
Kazakhstan
16543
Other Europe
18007
Kyrgyzstan
16551
TOTAL EUROPE
19992
Latvia
15601
15709
Macedonia, former Yugoslav Republic of
14419
In Local
Currency
Total
Booked at
Foreign
Offices2
Code (b)
Armenia
11703
In
Non-Local
Currency
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
Albania
Luxembourg
By Country
of Creditor
Country (a)
EUROPE (continued)
Lithuania
Memorandum Items
Channel Islands & Isle of Man
13056
Schedule 1a: Country Exposure Report – Foreign-Office Liabilities and Memorandum Items
FFIEC 009
Page 12 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Memorandum Items
Foreign-Office Liabilities
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Foreign-Office Liabilities
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
LATIN AMERICA/CARIBBEAN
By Country of
Foreign Office
FCEX
Memorandum Items
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
LATIN AMERICA/CARIBBEAN (continued)
Argentina
30104
Suriname
Bahamas
35319
Trinidad & Tobago
37702
32409
Barbados
30155
Uruguay
32603
Belize
35718
Venezuela
32719
Bermuda
35602
Bolivia
30201
Other Latin America/Caribbean
39004
Brazil
30309
TOTAL LATIN AMERICA/CARIBBEAN
39993
British West Indies
36005
Cayman Islands
36137
ASIA/MIDDLE EAST
Chile
30406
Afghanistan
40401
Colombia
30503
Bahrain
40703
Costa Rica
30589
Bangladesh
40746
Cuba
30708
Bhutan
40819
Dominican Republic
30805
Brunei
41009
Ecuador
31003
Burma
41106
El Salvador
31089
Cambodia
41203
Falkland Islands
36307
China: Mainland
41408
French West Indies & French Guiana
36609
Taiwan
46302
Grenada
36706
Hong Kong
42005
Guatemala
31208
India
42102
Guyana
31305
Indonesia
42218
Haiti
31402
Iran
42307
Honduras
31488
Iraq
42404
Jamaica
31607
Israel
42501
Mexico
31704
Japan
42609
Netherlands Antilles
37206
Jordan
42706
Nicaragua
31801
Korea
43001
Panama
31887
Kuwait
43109
Paraguay
32107
Peru
32204
Schedule 1a: Country Exposure Report – Foreign-Office Liabilities and Memorandum Items
FFIEC 009
Page 13 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Memorandum Items
Foreign-Office Liabilities
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Foreign-Office Liabilities
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
ASIA/MIDDLE EAST (continued)
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
AFRICA (continued)
Laos
43303
Benin
Lebanon
43419
Botswana
50504
Macau
43508
Burkina
57118
Malaysia
43605
Burundi
50806
Maldives
43702
Cameroon
51004
Mongolia
43818
Cape Verde
51209
Nepal
44202
Central African Republic
51306
North Korea
44407
Chad
51403
Oman
44105
Comoros
51519
Pakistan
44709
Congo (Brazzaville)
51608
Philippines
44806
Congo (Kinshasa), former Zaire
51705
Qatar
45101
Djibouti
52302
Saudi Arabia
45608
Egypt
57002
Singapore
46019
Equatorial Guinea
51942
Sri Lanka
41319
Ethiopia
52108
Syria
46205
Gabon
52418
Thailand
46418
Gambia, The
52507
United Arab Emirates
46604
Ghana
52604
Vietnam
46906
Guinea
52701
Yemen
47104
Guinea-Bissau
54402
Ivory Coast
53007
51802
Other Asia/Middle East
48909
Kenya
53104
TOTAL ASIA/MIDDLE EAST
49999
Lesotho
53155
AFRICA
Memorandum Items
Liberia
53201
Libya
53309
Algeria
50105
Madagascar
53406
Angola
50202
Malawi
53503
Mali
53589
Mauritania
53708
Mauritius
53805
Schedule 1a: Country Exposure Report – Foreign-Office Liabilities and Memorandum Items
FFIEC 009
Page 14 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Memorandum Items
Foreign-Office Liabilities
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Foreign-Office Liabilities
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
By Country of
Foreign Office
FCEX
9207
C938
C939
C940
8595
A152
C941
(1)
(2)
(3)
(4)
(5)
(6)
54003
Australia
60089
54089
British Oceania
60208
Namibia
54127
Fiji
60607
Niger
54208
French Polynesia
60704
Nigeria
54305
Nauru
61301
Reunion
54607
New Caledonia
61409
Rwanda
55018
New Zealand
61689
Sao Tome & Principe
55204
Senegal
55301
Palau, former U.S. Territories &
Pacific Islands
62502
Papua New Guinea
61751
Sierra Leone
55506
Somalia
55603
South Africa
55719
Sudan
56103
Swaziland
56219
Tanzania
56405
Togo
56502
Tunisia
56707
Uganda
56804
Zambia
57207
Zimbabwe
54704
Other Africa
58904
TOTAL AFRICA
59994
In Local
Currency
Total
Booked at
Foreign
Offices2
Code (b)
Mozambique
55409
In
Non-Local
Currency
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
Morocco
Seychelles
By Country
of Creditor
Country (a)
OTHER COUNTRIES
AFRICA (continued)
Memorandum Items
St. Pierre & Miquelon
62219
Tonga
62448
Western Samoa
62618
Vanuatu (New Hebrides)
61603
All Other Countries
63908
TOTAL OTHER COUNTRIES
69906
NORTH AMERICA
Canada
29998
United States
01007
TOTAL NORTH AMERICA
29999
Schedule 1a: Country Exposure Report – Foreign-Office Liabilities and Memorandum Items
FFIEC 009
Page 15 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Memorandum Items
Foreign-Office Liabilities
By Country of
Foreign Office
FCEX
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Foreign-Office Liabilities
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
INTERNATIONAL & REGIONAL
International
72907
Western European Regional
73903
Eastern European Regional
73904
Latin American Regional
74918
Asian Regional
75906
African Regional
76902
Middle Eastern Regional
77909
TOTAL INTERNATIONAL & REGIONAL
79995
GRAND TOTAL
99996
2. This column may not be required for all reporters. See Section 1.D of the instructions for further detail.
By Country of
Foreign Office
FCEX
Memorandum Items
By Country
of Creditor
In
Non-Local
Currency
In Local
Currency
Total
Booked at
Foreign
Offices2
Amount
Amounts
Reported in Reported in
Columns 15, Columns 15
Net Due to 16, and 17 of through 20
(or Due from) Schedule 1 and 22, 23 of
Own Related
that
Schedule 1
Offices in
Represents
that are
Other
Assets Held
Trade
Countries
for Trading
Finance
9151
9207
C938
C939
C940
8595
A152
C941
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
Schedule 2: Country Exposure Report – Foreign Exchange and Derivative Products
FFIEC 009
Page 16 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Positive Fair Value of Foreign
Exchange and Derivative Products
FCEX
Positive Fair Value of Foreign
Exchange and Derivative Products
Memorandum
Banks
Public
Other
Total
Claims on
Branches
with No
Guarantee
from Parent
9151
9207
A334
A335
A336
A337
A338
A339
A340
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
EUROPE
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
FCEX
9151
Country (a)
9207
Code (b)
EUROPE (continued)
Albania
15105
Malta
11819
Armenia
16519
Moldova
16306
Austria
10189
Monaco
12009
Azerbaijan
16527
Netherlands
12106
Belarus
16209
Norway
12203
Belgium
10251
Poland
15768
Bosnia & Herzegovina
14109
Portugal
12319
Bulgaria
15202
Romania
15806
Croatia
14214
Russia
16101
Cyprus
10405
Serbia & Montenegro, former Yugoslavia
13218
Czech Republic
15288
Slovakia
15318
Denmark
10502
Slovenia
14338
European Central Bank
13501
Spain
12505
Estonia
15407
Sweden
12602
Finland
10707
Switzerland
12688
France
10804
Tajikistan
16578
Georgia
16535
Turkey
12807
Germany
11002
Turkmenistan
16616
Gibraltar
11088
Ukraine
16403
Greece
11207
United Kingdom
13005
Hungary
15504
Iceland
11304
Uzbekistan
16705
Ireland
11401
Vatican City
13102
Italy
11509
Kazakhstan
16543
Other Europe
18007
Kyrgyzstan
16551
TOTAL EUROPE
19992
Latvia
15601
Lithuania
15709
Luxembourg
11703
Macedonia, former Yugoslav Republic of
14419
Channel Islands & Isle of Man
13056
Memorandum
Claims on
Branches
with No
Guarantee
from Parent
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
Banks
Public
Other
Total
A334
A335
A336
A337
A338
A339
A340
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Schedule 2: Country Exposure Report – Foreign Exchange and Derivative Products
FFIEC 009
Page 17 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Positive Fair Value of Foreign
Exchange and Derivative Products
Positive Fair Value of Foreign
Exchange and Derivative Products
Memorandum
Banks
Public
Other
Total
Claims on
Branches
with No
Guarantee
from Parent
9151
9207
A334
A335
A336
A337
A338
A339
A340
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
FCEX
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
FCEX
9151
Country (a)
9207
Code (b)
LATIN AMERICA/CARIBBEAN (continued)
LATIN AMERICA/CARIBBEAN
Argentina
30104
Suriname
Bahamas
35319
Trinidad & Tobago
37702
32409
Barbados
30155
Uruguay
32603
Belize
35718
Venezuela
32719
Bermuda
35602
Bolivia
30201
Other Latin America/Caribbean
39004
Brazil
30309
TOTAL LATIN AMERICA/CARIBBEAN
39993
British West Indies
36005
Cayman Islands
36137
ASIA/MIDDLE EAST
Chile
30406
Afghanistan
40401
Colombia
30503
Bahrain
40703
Costa Rica
30589
Bangladesh
40746
Cuba
30708
Bhutan
40819
Dominican Republic
30805
Brunei
41009
Ecuador
31003
Burma
41106
El Salvador
31089
Cambodia
41203
Falkland Islands
36307
China: Mainland
41408
French West Indies & French Guiana
36609
Taiwan
46302
Grenada
36706
Hong Kong
42005
Guatemala
31208
India
42102
Guyana
31305
Indonesia
42218
Haiti
31402
Iran
42307
Honduras
31488
Iraq
42404
Jamaica
31607
Israel
42501
Mexico
31704
Japan
42609
Netherlands Antilles
37206
Jordan
42706
Nicaragua
31801
Korea
43001
Panama
31887
Kuwait
43109
Paraguay
32107
Peru
32204
Memorandum
Claims on
Branches
with No
Guarantee
from Parent
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
Banks
Public
Other
Total
A334
A335
A336
A337
A338
A339
A340
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Schedule 2: Country Exposure Report – Foreign Exchange and Derivative Products
FFIEC 009
Page 18 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Positive Fair Value of Foreign
Exchange and Derivative Products
FCEX
Positive Fair Value of Foreign
Exchange and Derivative Products
Memorandum
Banks
Public
Other
Total
Claims on
Branches
with No
Guarantee
from Parent
9151
9207
A334
A335
A336
A337
A338
A339
A340
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
ASIA/MIDDLE EAST (continued)
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
FCEX
9151
Country (a)
9207
Code (b)
AFRICA (continued)
Laos
43303
Benin
Lebanon
43419
Botswana
51802
50504
Macau
43508
Burkina
57118
Malaysia
43605
Burundi
50806
Maldives
43702
Cameroon
51004
Mongolia
43818
Cape Verde
51209
Nepal
44202
Central African Republic
51306
North Korea
44407
Chad
51403
Oman
44105
Comoros
51519
Pakistan
44709
Congo (Brazzaville)
51608
Philippines
44806
Congo (Kinshasa), former Zaire
51705
Qatar
45101
Djibouti
52302
Saudi Arabia
45608
Egypt
57002
Singapore
46019
Equatorial Guinea
51942
Sri Lanka
41319
Ethiopia
52108
Syria
46205
Gabon
52418
Thailand
46418
Gambia, The
52507
United Arab Emirates
46604
Ghana
52604
Vietnam
46906
Guinea
52701
Yemen
47104
Guinea-Bissau
54402
Ivory Coast
53007
Other Asia/Middle East
48909
Kenya
53104
TOTAL ASIA/MIDDLE EAST
49999
Lesotho
53155
AFRICA
Algeria
50105
Angola
50202
Liberia
53201
Libya
53309
Madagascar
53406
Malawi
53503
Mali
53589
Mauritania
53708
Mauritius
53805
Memorandum
Claims on
Branches
with No
Guarantee
from Parent
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
Banks
Public
Other
Total
A334
A335
A336
A337
A338
A339
A340
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Schedule 2: Country Exposure Report – Foreign Exchange and Derivative Products
FFIEC 009
Page 19 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Positive Fair Value of Foreign
Exchange and Derivative Products
FCEX
Positive Fair Value of Foreign
Exchange and Derivative Products
Memorandum
Banks
Public
Other
Total
Claims on
Branches
with No
Guarantee
from Parent
9151
9207
A334
A335
A336
A337
A338
A339
A340
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
FCEX
9151
Country (a)
9207
Code (b)
OTHER COUNTRIES
AFRICA (continued)
Morocco
54003
Australia
60089
Mozambique
54089
British Oceania
60208
Namibia
54127
Fiji
60607
Niger
54208
French Polynesia
60704
Nigeria
54305
Nauru
61301
Reunion
54607
New Caledonia
61409
Rwanda
55018
New Zealand
61689
Sao Tome & Principe
55204
Senegal
55301
Palau, former U.S. Territories &
Pacific Islands
62502
Papua New Guinea
61751
Seychelles
55409
Sierra Leone
55506
Somalia
55603
Western Samoa
62618
South Africa
55719
Vanuatu (New Hebrides)
61603
St. Pierre & Miquelon
62219
Tonga
62448
Sudan
56103
Swaziland
56219
All Other Countries
63908
Tanzania
56405
TOTAL OTHER COUNTRIES
69906
Togo
56502
Tunisia
56707
NORTH AMERICA
Uganda
56804
Canada
29998
Zambia
57207
United States
01007
Zimbabwe
54704
TOTAL NORTH AMERICA
29999
Other Africa
58904
TOTAL AFRICA
59994
Memorandum
Claims on
Branches
with No
Guarantee
from Parent
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
Banks
Public
Other
Total
A334
A335
A336
A337
A338
A339
A340
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Schedule 2: Country Exposure Report – Foreign Exchange and Derivative Products
FFIEC 009
Page 20 of 20
In Millions of U.S. Dollars
Before Completing This Form, Please Read Carefully the Instructions and Definitions for Preparation of This Report
As of
Date
Name of Reporting Institution
Positive Fair Value of Foreign
Exchange and Derivative Products
Positive Fair Value of Foreign
Exchange and Derivative Products
Memorandum
Banks
Public
Other
Total
Claims on
Branches
with No
Guarantee
from Parent
9151
9207
A334
A335
A336
A337
A338
A339
A340
Country (a)
Code (b)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
FCEX
INTERNATIONAL & REGIONAL
International
72907
Western European Regional
73903
Eastern European Regional
73904
Latin American Regional
74918
Asian Regional
75906
African Regional
76902
Middle Eastern Regional
77909
TOTAL INTERNATIONAL & REGIONAL
79995
GRAND TOTAL
99996
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
FCEX
9151
Country (a)
9207
Code (b)
Memorandum
Claims on
Branches
with No
Guarantee
from Parent
ForeignOffice
Claims on
Local
Residents
ForeignOffice
Liabilities
Banks
Public
Other
Total
A334
A335
A336
A337
A338
A339
A340
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Instructions for the Preparation
of the
Country Exposure Report
(FFIEC 009)
Effective March 2006
Schedule 1 - Claims, Liabilities,
Commitments, and Guarantees
Schedule 1.a – Foreign-Office Liabilities
and Memorandum Items
Schedule 2 - Claims from Positions in
Derivative Contracts
Table of Contents
I.
II.
GENERAL INSTRUCTIONS
A. Introduction and Purpose
1
B. Summary Description of this Report
1
C. Administrative Issues
• Authority
• Confidentiality
• Reporting Burden
2
D. Who Must Report
• Reportable Entities
• Consolidation Rules
2
E. Accounting Issues
4
F. Submission of Reports
4
REPORTING DEFINITIONS
A. Claims
6
B. “Immediate-Counterparty” and “Ultimate-Risk” Claims
6
C. Sector Definitions
7
D. Required Risk Transfers
7
E. Cross-Border and Foreign-Office Claims on Local Residents
9
F. “Local” vs. “Non-Local” Currency
9
G. Reporting Credit Derivatives
9
III. SPECIFIC INSTRUCTIONS FOR ALLOCATING CLAIMS TO THE ROWS
A. The United States
11
B. Foreign Countries and “Other” Geographic Regions
11
C. International and Regional Organizations
11
IV. SPECIFIC INSTRUCTIONS FOR SCHEDULE 1
A. Immediate-Counterparty Claims (Columns 1 through 8)
• Claims by Sector
• Remaining Maturity of One Year or Less
• Foreign-Office Claims on Local Residents in the Local Currency
i
12
V.
B. Redistribution of Claims for Required Risk Transfers (Columns 9 through 14)
• Outward Risk Transfers
• Inward Risk Transfers
13
C. Ultimate-Risk Claims (Columns 15 through 21)
• Cross-border Claims
• Foreign-Office Claims on Local Residents
• Foreign-Office Claims on Local Residents in Non-Local Currencies
14
D. Unused Commitments (Column 22)
18
E. Guarantees and Credit Derivatives (Column 23)
18
SPECIFIC INSTRUCTIONS FOR SCHEDULE 1.a
A. Foreign-Office Liabilities by Country of Foreign Office (Columns 1 and 2)
20
B. Foreign-Office Liabilities by Country of Creditor (Column 3)
20
C. Memorandum Items (Columns 4 through 6)
• Net Due to Own Related Offices in Other Countries (Column 4)
• Assets Held for Trading (Column 5)
• Trade Finance (Column 6)
20
VI. SPECIFIC INSTRUCTIONS FOR SCHEDULE 2
A. Positive Fair Value of Derivative Contracts (Columns 1 through 4)
22
B. Claims on Branches with No Guarantee from Parent (Memorandum Column 5)
22
C. Foreign-Office Claims on Local Residents and Foreign-Office Liabilities (Columns 6 and 7)
23
D. Examples for Schedule 2
24
ii
I.
GENERAL INSTRUCTIONS
A.
Introduction and Purpose
This report provides information on the distribution, by country, of claims on foreign residents held by
United States banks and bank holding companies. The data collected are used for supervisory
purposes and to assess transfer and related risks, such as country risk. The data are also aggregated
and released to the public, for analysis of the transfer and related risks in the United States’ banking
system. Aggregate data are provided to the Bank for International Settlements (BIS), as part of an
international cooperative effort to compile and publish global data on claims on foreign residents. The
resulting data form the BIS Consolidated Banking Statistics, which are widely used for country risk
analysis and the analysis of banking flows.
B.
Summary Description of this Report
This report contains three schedules. Schedule 1 collects information on the reporter’s claims on
residents of foreign countries, except claims resulting from the fair value of derivative contracts. Data
are collected on an “immediate-counterparty” basis—i.e., on the basis of the country of residence of
the borrower—and an “ultimate-risk” basis—i.e., on the basis of the country of residence of the
guarantor or collateral (i.e., the “ultimate obligor”). In Columns 1 through 8, data are collected on an
immediate-counterparty basis. In Columns 9 through 14, the redistribution of claims from an
immediate-counterparty basis to an ultimate-risk basis is shown. These redistributions arise from
arrangements such as formal guarantees and credit derivatives. In Columns 15 through 21, claims are
shown on an ultimate-risk basis. For each country row (except the United States) the sum of the
claims in Columns 1 through 6 and 8 less the outward risk transfers in Columns 9 through 11, plus the
inward risk transfers in Columns 12 through 14, should equal the sum of the cross-border claims and
foreign-office local claims in Columns 15 through 20.
The report also collects data on the risk exposure, by country, of U.S. banks and bank holding
companies from commitments and guarantees (including credit derivatives) to residents of other
countries (Columns 22 and 23, respectively).
Schedule 1.a collects information on foreign-office liabilities and three memorandum columns.
Columns 1 and 2 show, by currency, foreign-office liabilities for which no payment is guaranteed at
locations outside the country of the office, reported by the country of the foreign office. Column 3
shows all liabilities booked at foreign offices by the country of the creditor. Column 3 is required to
be reported only by reporters that meet certain conditions, which are described in Section I.D of these
instructions. Column 4 shows positions vis-à-vis own related offices. (These positions are not
reported elsewhere on this report, due to the consolidation rules.) Column 5 shows the amount of
claims, on an ultimate-risk basis (reported in Columns 15 through 17 of Schedule 1), that are held for
trading. Column 6 shows the amount of claims, on an ultimate-risk basis (reported in Columns 15
through 20 and Columns 22 and 23 of Schedule 1), that are trade finance related.
Schedule 2 collects information on the fair value of derivative contracts of the reporter with residents
of foreign countries. A sector distribution and the total are collected in Columns 1 through 4. In
Column 5, claims on bank branches that are not formally and legally guaranteed by the head office are
reported in the country rows corresponding to the country in which the branch is located (instead of
the country of the head office). These claims represent transfer risk remaining in the countries in
which the branches are located. Columns 6 through 7 are optional; they show the amount of foreignoffice claims on local residents and foreign-office liabilities resulting from derivative contracts and are
required to be completed only if these positions are not included in Columns 1 through 4.
1
C.
Administrative Issues
Authority
This report is required to be filed by national banks, state member banks, bank holding companies,
and insured state nonmember commercial banks pursuant to authority contained in the following
statues:
Board of Governors of the Federal Reserve System – Section 11a of the Federal Reserve Act
(12 USC 248a), Section 5c of the Bank Holding Company Act (12 USC 1844c), and Section
907 of the International Lending Supervision Act of 1983 (12 USC 3906); and
Comptroller of the Currency – the National Bank Act, as amended (12 USC 161);
Federal Deposit Insurance Corporation – Section 7 and 10 of the Federal Deposit Insurance Act
(12 USC 1817 and 1820)
Confidentiality
The individual reports are regarded as confidential and will not be voluntarily disclosed to the public.
However, aggregated data that do not reveal the activities of individual banks will be published.
Portions of the aggregated data are also reported to the Bank for International Settlements as part of an
international cooperative effort to compile and publish worldwide data on cross-border claims.
Reporting Burden
Public reporting burden for the collection of information is estimated to average 70 hours per
response, including the time for reviewing instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the collection of information. A federal
agency may not conduct or sponsor, and an organization (or a person) is not required to respond to a
collection of information, unless it displays a currently valid OMB control number. Comments
concerning the accuracy of this burden estimate and suggestions for reducing this burden should be
directed to the Office of Information and Regulatory Affairs, Office of Management and Budget,
Paperwork Reduction Project (7100-0035), Washington, D.C. 20503, and to one of the following:
Secretary
Board of Governors of the Federal Reserve System
Washington, D.C. 20551
Assistant Executive Secretary
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Legislative and Regulatory Analysis Division
Office of the Comptroller of the Currency
Washington, D.C. 20219
D.
Who Must Report
Reportable Entities
The Country Exposure Report (FFIEC 009) is required to be filed quarterly by commercial banks
and/or bank holding companies meeting the criteria listed below:
A Schedule 1 and 1.a must be completed by:
2
(1) Every U.S. chartered insured commercial bank in the 50 States of the United States, the
District of Columbia, Puerto Rico, and U.S. territories and possessions, that has, on a fully
consolidated bank basis, total outstanding claims on residents of foreign countries exceeding
$30 million in the aggregate, and has at least one of the following:
•
•
•
•
•
a branch in a foreign country;
a consolidated subsidiary in a foreign country;
an Edge or Agreement subsidiary;
a branch in Puerto Rico or in any U.S. territory or possession (except that a bank with its
head office in Puerto Rico or any U.S. territory or possession need not report if it meets
only this criterion);
an International Banking Facility (IBF).
(2) Every Edge and/or Agreement corporation that has total outstanding claims on residents of
foreign countries exceeding $30 million, unless it is majority owned by a bank that is
required to file a report.
(3) Every institution that meets the Schedule 2 reporting requirements (see below).
(4) Every U.S. bank holding company that is required to file the FR Y-6 report (Bank Holding
Company Annual Report) and has a subsidiary bank that is required to report.
However, to reduce reporting burden:
(1) If a bank holding company has only one subsidiary bank that meets the reporting
requirements and that subsidiary bank accounts for less than 90 percent of the consolidated
holding company’s total claims on foreigners, only the holding company should prepare a
Schedule 1. If the only subsidiary bank that is required to report accounts for 90 percent or
more of the consolidated holding company’s claims, either the holding company or the bank
(but not both) should prepare a Schedule 1.
(2) If a bank holding company has two or more subsidiary banks that meet the reporting
requirements and these subsidiary banks, together, account for 90 percent or more of the
consolidated holding company’s total claims on foreigners, the holding company need not
file a separate report.
Column 3 of Schedule 1.a—total liabilities booked at foreign offices—is required to be reported by
only those reporters that have one or more branches or subsidiaries located outside the fifty states of
the United States, the District of Columbia, or a U.S. military facility (regardless of where located)
that meet the following criteria:
•
branches filing the Foreign Branch Report of Condition (FFIEC 030) whose total assets
payable in all currencies amount to $500 million or more on a report date,
•
subsidiaries filing the quarterly Financial Statements of Foreign Subsidiaries of U.S.
Banking Organizations (FR 2314) that have a banking charter and engage in banking
business, and that report $2 billion or more in total assets in Schedule BS, item 10 and $10
million or more in total deposits in Schedule BS-M, item 6.
The total assets test defined above applies to the total of the foreign branch’s or subsidiary’s
international and local assets, regardless of the currency in which the assets are payable. If any
foreign office of a reporter exceeds the reporting threshold, then column should 3 be completed for the
reporter’s entire organization and not just for the offices exceeding the threshold.
3
A Schedule 2 must be completed by every institution whose FFIEC 031 or FR Y-9C (or for Edge
and/or Agreement corporations 1 the FR 2886b) as of December 31 of the previous year shows:
(1) total gross notional values of derivative contracts ( the sum of items 12(a) through 12(e),
Columns A through D on Schedule RC-L of the FFIEC 031 or the sum of items 11(a)
through 11(e) Columns A through D on Schedule HC-L of the FR Y-9C) in excess of $10
billion
or
(2) total gross fair values of derivative contracts (the sum of items item 15(a) and 15 (b),
Columns A through D on Schedule RC-L of the FFIEC 031 or the sum of items 14(a) and
14(b) Columns A through D on Schedule HC-L of the FR Y-9C) in an amount greater than
5 percent of their total assets.
In addition, the bank regulatory authorities may specifically require a report (Schedules 1 and/or 2) to
be filed by other banking organizations that the authorities deem to have significant country
exposures.
Consolidation Rules
The information should be reported on a fully consolidated basis. For reports from banks, the scope of
coverage and the consolidation of information should be in accordance with the procedures and tests
of significance set forth in the instructions for preparation of the FFIEC 031. For reports from bank
holding companies, the information should be consolidated in accordance with the principles set forth
in the instructions for the preparation of the FR Y-9C. For Edge and/or Agreement corporations, the
information should be consolidated in accordance with the principles set forth in the instructions for
the preparation of the FR 2886b.
E.
Accounting Issues
All amounts should be reported in U.S. dollars regardless of the currencies in which the balances are
denominated. The translations should be made on the same basis used to prepare its (or its subsidiary
bank’s) FFIEC 031 and the FR Y-9C.
Claims and liabilities should be reported using the same accounting basis as used on the FFIEC 031
and FR Y-9C with the exception of available-for-sale securities, which should be reported at
amortized cost.
Edge and/or Agreement corporations should reference the instructions for the preparation of the
FFIEC 031 for further information on reporting definitions and generally accepted accounting
principles.
Round all amounts reported on this form to the nearest million dollars.
F.
Submission of Reports
This report is to be prepared quarterly, as of the end of March, June, September and December. All
reporters should submit their completed report to the Federal Reserve Bank of New York (FRBNY),
1
Edge and/or Agreement corporations should reference the instructions for the preparation of the FR Y-9C
for corresponding items on the FR 2886b.
4
via the Federal Reserve System’s Internet Electronic Submission (IESUB) system, within 45 days of
the reporting date.
The Federal Reserve System Web site http://www.reportingandreserves.org/req.html provides
additional information on IESUB. The Web site also includes a link that reporters may use to contact
FRBNY for technical assistance.
Each reporter should keep a paper copy of each report. This paper copy should be signed and certified
by an Executive Officer (as defined in 12 CFR 215.2(e)(1)) of the bank or bank holding company.
5
II.
A.
REPORTING DEFINITIONS
Claims
The term “claims” follows the definition in the instructions for preparation of the FFIEC 031 and
FR Y-9C including the following types of assets:
•
Deposit balances, both interest bearing and non-interest bearing, held at banks in foreign
countries, foreign branches of other U.S. banks, foreign branches of foreign banks, and U.S.
branches of foreign banks
•
Balances with foreign central banks and foreign official institutions
•
Foreign securities
•
Federal funds sold to foreigners, U.S. branches of foreign banks, or other U.S. entities that
are branches of a foreign company
•
Loans to or guaranteed by non-U.S. addressees
•
Holdings of acceptances of foreign banks
•
Foreign direct lease financing
•
Investments in unconsolidated foreign subsidiaries and associated companies
•
Positive fair value of interest rate, foreign exchange, equity, commodity and other derivative
contracts with non-U.S. addressees (Reported in schedule 2)
•
Customers’ liability on acceptances outstanding where the account party is foreign
•
Accrued income receivables from or guaranteed by non-U.S. addressees (including interest,
commissions and income earned or accrued and applicable to current or prior periods, but
not yet collected)
•
Resale agreements and other financing agreements with non-U.S. addressees
•
Asset sales with recourse with non-U.S. addressees
•
Participations and syndications of loans to non-U.S. addressees
Premises, Other Real Estate Owned, and Goodwill should be excluded from claims for the purposes of
this report.
B.
“Immediate-Counterparty” and “Ultimate-Risk” Claims
Claims are to be reported on an “immediate-counterparty” basis in Columns 1 through 8 and on an
“ultimate-risk” basis in Columns 15 through 21. The obligor on an immediate-counterparty basis is
the entity that issued the security or otherwise incurred the liability. The obligor of a claim on an
ultimate-risk basis is any person, business, institution, or instrument that provides any of the types of
credit protection described in Section II.D, “Required Risk Transfers” and Section II.G “Reporting
Credit Derivatives.” (Note, in particular, the rules given in Section II.D.5 concerning collateral.)
6
If full credit protection is provided by more than one source, the ultimate-risk claim should be
reported in the sector and row of the residence of the highest rated credit enhancer.
C.
Sector Definitions
The following sector definitions are used for all columns of this report that provide sectoral
distinctions:
(1) Banks (Columns 1, 4, 9, 12, 15 and 18 of Schedule 1 and Column 1 of Schedule 2) - The
definition of banks is identical to “Banks, U.S. and Foreign” in the Report of Condition.
Banks include commercial banks, savings banks, discount houses, and other similar
institutions. Banks also include banking institutions owned by foreign governments, unless
such institutions function as central banks or banks of issue, in which case they are treated as
“public” institutions.
(2) Public (Columns 2, 5, 10, 13, 16 and 19 of Schedule 1 and Column 2 of Schedule 2) - The
definition of the Public sector is identical to “Foreign Governments and Official Institutions”
in the Report of Condition. Public sector institutions include:
• central, state, provincial and local governments and their departments, and agencies
• treasuries, ministries of finance, central banks, stabilization funds, exchange
authorities, and diplomatic establishments
• those government owned banks, including development banks, that perform as an
important part of their activities, the functions of a treasury, central bank, exchange
control office, or stabilization fund
• international or regional organizations or subordinate or affiliated agencies thereof,
created by treaty or convention between sovereign states, including the International
Monetary Fund, the International Bank for Reconstruction and Development (World
Bank), the Bank for International Settlements, the Inter-American Development Bank,
and the United Nations
Banking institutions owned by a government that do not function as the central bank and/or
bank of issue are excluded from the public sector and are to be reported as “Banks.” Other
corporations that are owned by a government are to be reported as “Other.”
(3) Other (Columns 3, 6, 11, 14, 17 and 20 of Schedule 1 and Column 3 of Schedule 2) - All
persons, businesses, and institutions other than “banks” and “public,” as defined above.
D.
Required Risk Transfers
Claims are redistributed from an “immediate-counterparty” basis to an “ultimate-risk” basis in
Columns 9 through 14. The reporter is required to make the following risk transfers:
(1) Guarantees
Guarantees are formal legally binding commitments by a third party to repay a debt if the
direct obligor fails to do so. Guarantees include financial and performance standby letters of
credit and acceptances (for the amount of the participation sold). Documents that do not
establish legal obligations, such as “comfort” letters, letters of awareness, or letters of intent,
are not guarantees for the purpose of this report. Similarly, guarantees that do not cover
7
transfer risk should not be considered a guarantee for the purposes of this report. Guarantees
provided by the reporters’ head office or other consolidated units of the reporter should not
be considered a guarantee for the purposes of this report.
Guarantees providing protection to the respondent should result in the reallocation of the
claim to the sector and country row of the provider of the guarantee. (Note: If the reporter
provides a guarantee on a foreign credit, the amount of the guarantee should be reported in
Column 23.)
(2) Insurance Policies
Insurance policies that guarantee payment of a claim if the borrower defaults or if
non-convertibility occurs should be reallocated to the non-bank sector of the country of
residence of the entity providing the insurance. However, limited purpose policies, such as
“political risk insurance” policies should not be used as a basis for reallocation. (Note: If a
reporter issues an insurance policy guaranteeing the payment of a claim if a foreign borrower
defaults, the amount of the protection sold should be reported in Column 23.)
(3) Head Offices
For the purposes of this report, claims on a branch (but not on a subsidiary) of a banking
organization are considered to be guaranteed by the head office of the organization, even
without a legally binding agreement. Therefore, claims on branches should be reallocated to
the bank sector in the country of the parent institution.
(4) Credit Derivatives
See Section II.G.
(5) Collateralized Claims
Collateral is treated as a “guarantee” of a claim if the collateral is: (a) tangible, liquid, and
readily-realizable and (b) is both held and realizable outside of the country of residence of
the borrower. Collateral can include investment grade debt instruments and regularly traded
shares of stocks. In cases involving collateral other than stocks and debt securities, the
sector and country of the “guaranteeing” party is the sector and country of residence of the
institution holding the collateral. If the collateral is stocks or debt securities, the sector and
country of the “guaranteeing” party is the sector and country of residence of the party
issuing the security. However, in the case of resale agreements and other similar
financing agreements, the claims should be allocated based on the counterparty, not the
underlying collateral.
If the collateral consists of a basket of convertible currencies or investment grade securities
of different countries, the exposure may be reported on the “Other” line (for example, “other
Latin America”) that most closely represents the geographical composition of the basket.
(6) Risk Participations
Loans and acceptances, where the accepting bank has sold a risk participation, are
considered to be guaranteed by the purchaser of the participation for the amount of the
participation sold.
8
Assets such as real estate and accounts receivable are not liquid or tangible assets. (Although only
liquid, tangible, and readily realizable assets may be the basis of a reported risk transfer, the Federal
banking agencies will consider the protection afforded by other assets to the reporting bank’s country
exposure claims when appraising each bank’s country exposures.) In addition, a reporting institution
that holds a claim with a repayment structure that insulates repayment from any form of transfer and
country risk event, but the claim does not fall under one of the risk transfer categories above should
contact their respective supervisory agency to consider if such claim can be redistributed in Columns 9
through 11.
E.
Cross-Border and Foreign-Office Claims on Local Residents
Cross-border claims of each reporter cover:
•
all claims of its U.S. offices (including IBFs, Edge and Agreement corporations, and offices
in Puerto Rico and U.S. territories and possessions) with residents of foreign countries,
regardless of the currency in which the claim is denominated; and,
• all claims of each of its offices in a foreign country with residents of other foreign countries
(i.e., countries other than the country in which the foreign office is located), regardless of the
currency in which the claim is denominated.
Since the reports are on a fully consolidated bank (bank holding company) basis, cross-border claims
exclude any claims against those foreign branches or foreign subsidiaries that are part of the
consolidated bank (bank holding company). However, claims on unconsolidated subsidiaries or
associated companies of the reporter should be reported. Thus, a consolidated bank basis report
should include claims on foreign subsidiaries of the banks’ parent holding company since these
subsidiaries should not be included in consolidated reports of the bank. (Note: Net amounts due to or
due from own related offices in other countries are shown as a separate memorandum item in Column
4 of Schedule 1.a.)
Foreign-office claims on local residents are all claims of the institution’s foreign offices on residents
of the country in which the foreign office is located.
Notes: (1) Claims of a foreign office on a resident of the United States should not be reported as a
cross-border claim (because the row for the United States should not be completed, except
for Columns 9 through 14) nor as a foreign office claim on local residents (because they
are not a claim on a resident of country in which a foreign office is located).
(2) The definition of “cross-border claims” and “foreign-office claims on local residents” is
the same on an “immediate-counterparty” basis and an “ultimate-risk” basis. However,
some claims may be categorized differently, or be placed in different sectors or country
rows, because the sector or country of residence of the immediate obligor may differ from
that of the ultimate obligor.
F.
“Local” vs. “Non-Local” Currency
A currency is considered to be a “local” currency of a country only if the country, directly or through
a currency union, has the authority to issue that currency. Thus, U.S. dollars would not be considered
to be the local currency of any country other than the United States. Euros would be considered to be
the local currency of any country that is a member of the European Monetary Union, but of no other
country.
9
G.
Reporting Credit Derivatives
Reporters should treat credit derivative contracts, (including credit default swaps and options, total
return swaps and sovereign risk options), as guarantees for purposes of this report, if the institution
considers the arrangement to be an effective risk transfer based on its internal criteria and the contract
contains provisions to pass the transfer risk to the counterparty. A reporter’s internal criteria should,
at a minimum, include provisions that ensure the terms of credit derivatives provide an effective
guarantee, even in the case of a maturity mismatch, prohibit clauses that reduce the effectiveness of
the guarantee in the case of default, contain effectual events of default, and reference the same legal
entity as the obligor.
Claims for which credit derivatives form an effective risk transfer should be reallocated to the sector
and country of residence of the entity that is providing the protection.
Credit derivatives are reported in three places in this report:
(1) On Schedule 1, the notional value of credit protection purchased by the respondent can result
in both inward and outward risk transfers, as the credit risk is shifted from the sector and/or
country row of the immediate counterparty to the sector and/or country row of the credit
protection seller.
(2) On Schedule 1, the notional value of credit protection sold by the respondent is reported in
Column 23 (only). In each country row of Column 23, the reporter should report the
notional value of the credit protection sold against the risk of default or other credit event by
the ultimate obligor of the referenced credit.
(3) On Schedule 2, claims arising from the fair value of credit derivative contracts (including the
fair value of protection purchased and protection sold) are reported against the country of the
counterparty, along with claims arising from the fair value of other derivative contracts.
10
III.
SPECIFIC INSTRUCTIONS FOR ALLOCATING CLAIMS TO THE ROWS
This report form contains rows for: (a) the United States; (b) individual countries; (c) “other”
geographic regions (Other Europe, Other Latin America, Other Asia/Middle East, Other Africa and
All Other Countries); and (d) international or regional organizations. Data should be allocated to the
rows as described below.
A.
The United States
The “United States” is defined as the 50 states of the United States, the District of Columbia, the
Commonwealth of Puerto Rico, American Samoa, Guam, Johnston Atoll, Kingman Reef, Midway
Islands, the U.S. Virgin Islands and Wake Island. Data for the United States are reported only for the
outward risk transfers (Schedule 1, Columns 9 through 11) and the inward risk transfers (Schedule 1,
Columns 12 through 14).
B.
Foreign Countries and “Other” Geographic Regions
A foreign country is any country other than the United States as defined above. For claims reported
on an immediate-counterparty basis, report claims in the row corresponding to the country of legal
residence (i.e., the country of incorporation or, for a branch, of charter) of the immediate counterparty.
For claims reported on an ultimate-risk basis, report claims in the row corresponding to the country of
legal residence (i.e., the country of incorporation) of the ultimate obligor. (See Sections II.B and II.D
for definitions of immediate counterparty and ultimate obligor.)
The rows for the “other” geographic regions should be used when there is a claim against a resident of
a country that is not listed, or when the residence of the obligor or guarantor cannot be readily
identified. For example, it may not be easy to allocate to a single country the following types of
claims or guarantees: investments in global funds, claims collateralized by a basket of convertible
currencies or by a basket of investment grade securities of different countries, claims collateralized by
a pool of securities, and guarantees provided by selling protection on multi-name credit default swaps
(i.e., basket or portfolio products) in which the ultimate obligors of the referenced credits do not all
reside in the same country.
Shipping credits should be allocated to the country in which the primary source of repayment resides.
In cases where there is no long-term charter, such as a vessel operating in the spot market or a liner
vessel, the allocation should be to the country of residence of the ultimate shipowner. Exceptions may
be made where it is judged that the source of repayment of the credit may be other than in the country
of residence of the ultimate shipowner. If a shipping credit is repayable principally from the proceeds
of the charter assigned to the bank, the allocation should be to the country of residence of the charter.
C.
International and Regional Organizations
Claims on international and regional organizations, even if located in the United States, should be
reported opposite the appropriate line: (a) International; (b) West European Regional; (c) East
European Regional; (d) Latin American Regional; (e) Asian Regional; (f) African Regional; or (g)
Middle Eastern Regional. The “International” entry covers most organizations of a global character,
such as the International Monetary Fund and the World Bank. However, for purposes of this report,
the Bank for International Settlements and the European Central Bank are to be treated as “Other
Europe,” and not as “International” or “Regional.” The regional entries cover organizations that are
regional in scope such as the European Coal and Steel Community (Western Europe regional), the
Inter-American Development Bank (Latin American regional) or the Asian Development Bank (Asian
regional).
All international and regional institutions are considered to be “public” sector organizations.
11
IV.
SPECIFIC INSTRUCTIONS FOR SCHEDULE 1
Report claims (see Section II.A) as described below. Do not report in Schedule 1 the fair value of
derivative contracts; these should be reported on Schedule 2. Note that for the United States (see
Section III) reporters should report only the risk transfer from the United States (e.g., a transfer due to
a claim on a U.S. branch of a foreign bank) or to the United States (e.g., a claim on a foreign
subsidiary of a U.S. company that is fully guaranteed by the parent organization).
A.
Immediate-Counterparty Claims (Columns 1 through 8)
All data in Columns 1 through 8 should be based only upon the immediate obligor; do not consider
any guarantees or other risk transfers.
Claims by Sector
In Columns 1 through 3 report all cross-border claims in any currency.
In Columns 4 through 6 report all foreign-office claims in currencies other than the official currency
of the country in which the local office exists, as defined in Sections II.E and II.F. Allocate the claims
to each sector (see Section II.C) and each country row (see Section III) based upon the sector and
residence/entity type of the direct obligor.
Remaining Maturity of One Year or Less
In Column 7, show all claims reported in Columns 1 through 6 that have 1 year or less to the
remaining contractual maturity date except as described below. The definition of “one year” should
be consistent with the definition used in the FFIEC 031 and the FR Y-9C.
Marketable equity investments, both trading and available-for-sale, should be reported as maturing
under one year, because they are liquid investments.
Debt securities held in the trading account should be reported in the one year and under category. Debt
securities held in the available-for-sale portfolio should be reported according to the contractual
maturity date.
Foreign-Office Claims on Local Residents in the Local Currency
In Column 8, report all foreign-office claims on local residents in the official currency of the country
in which the local office exists (see Sections II.E and II.F).
Note that all claims on residents of another country and claims of the foreign office in a non-local
currency on residents of the same country should be reported in Columns 1 through 6 and excluded
from this column.
Examples for Columns 1 through 8:
(1) The London branch of the respondent has a real-denominated claim of $10 million and a dollardenominated claim of $20 million on a bank located in Brazil. The claims mature in 8 months.
Entries would be:
Brazil………..
col 1
30
col 7
30
12
(2) The Brazilian branch of the respondent has a claim worth $10 million, denominated in currency
other than real, on a bank located in Brazil. Entries would be:
col 4
10
Brazil………
(3) The Brazilian branch of the respondent issued a real-denominated loan worth $10 million to a bank
located in Brazil. Entries would be:
Brazil…………..
B.
col 4
---
col 8
10
Redistribution of Claims for Required Risk Transfers (Columns 9 through 14)
Redistribute all claims subject to a required risk transfer (see Sections II.D and II.G) from the sector
(see Section II.C) and country row (see Section III) of the immediate counterparty and to the sector
and country row of the ultimate obligor. Show the required risk transfers between different sectors in
the same country row as well as required risk transfers between different country rows.
Also show transfers to, or from, the United States. Transfers to the United States should always result
from claims reported in Columns 1 through 6 and 8. Transfers from the United States will not be
reported in Columns 1 through 6 and 8.
The sum of the outward required risk transfers (in Columns 9 through 11) should equal the sum of the
inward required risk transfers (in Columns 12 through 14), because all transfers from a sector and/or
country row (including the United States) must also be transfers to another sector and/or country row
(including the United States).
Outward Risk Transfers
In Column 9, show (as a positive number), for each country row, all required risk transfers from banks
located in that country of claims reported in Columns 1, 4, and 8 or of claims on banks located in the
United States.
In Column 10, show (as a positive number), for each country row, all required risk transfers from the
public sector located in that country of claims reported in Columns 2, 5, and 8 or of claims on the
public sector located in the United States.
In Column 11, show (as a positive number), for each country row, all required risk transfers from all
persons, businesses, and institutions other than banks and the public sector located in that country of
claims reported in Columns 3, 6, and 8 or of claims on non-bank, non-public-sector entities located in
the United States.
Inward Risk Transfers
In Column 12, show, for each country row, all required risk transfers to banks located in that country
of claims reported in Columns 9 through 11.
In Column 13, show, for each country row, all required transfers to the public sector located in that
country of claims reported in Columns 9 through 11.
13
In Column 14, show, for each country row, all required transfers to others (i.e., non-bank, non-publicsector entities) located in that country of claims reported in Columns 9 through 11.
C.
Ultimate-Risk Claims (Columns 15 through 21)
Cross-border Claims
In Columns 15 through 17, report all claims that, on an ultimate-risk basis, are cross-border claims—
i.e., claims for which the ultimate obligor, after required risk transfers, is a resident of a country other
than the country of the office that holds the claim.
The claims should be allocated to each column based upon the sector of the ultimate obligor (see
Section II.C) and to each row based upon the country in which the ultimate obligor is located (see
Section III).
Claims for which the ultimate obligor is a U.S. resident should not be shown.
Foreign-Office Claims on Local Residents
In Columns 18 through 20, report all claims that, on an ultimate-risk basis, are foreign-office claims
on local residents—i.e., claims for which the ultimate obligor, after required risk transfers, is a
resident of the country in which the foreign office is located.
The claims should be allocated to each column based upon the sector of the ultimate obligor (see
Section II.C) and to each row based upon the country in which ultimate obligor (and the foreign
office) is located (see Section III).
Foreign-Office Claims on Local Residents in Non-Local Currencies
In Column 21, show all claims reported in Columns 18 through 20 that are claims in currencies other
than the official currency (see Section II.F) of the country in which the foreign office is located.
Examples for Columns 9 through 21:
(1) The respondent’s offices outside of Hong Kong and Japan have $50 million in claims on private
manufacturers in Hong Kong that are guaranteed by a bank located in Japan. Entries would be:
Hong Kong…
Japan……
col 3
50
---
col 11
50
---
col 12
--50
col 15
--50
col 17
-----
(2) The respondent’s offices in Japan have $50 million in claims, denominated in Hong Kong dollars,
on private manufacturers in Hong Kong that are guaranteed by a bank located in Japan. Entries would
be:
Hong Kong…
Japan……
col 3
50
---
col 11
50
---
col 12
--50
14
col 15
-----
col 18
--50
col 21
--50
(3) The respondent’s offices in Japan have $50 million in claims, denominated in Japanese yen, on
private manufacturers in Hong Kong that are guaranteed by a bank located in Japan. Entries would
be:
col 3
50
---
Hong Kong…
Japan……
col 11
50
---
col 12
--50
col 15
-----
col 18
--50
col 21
-----
(4) The respondent’s offices outside of Denmark and Greece have a total of $100 million in claims on
residents of Denmark, $90 million on banks and $10 million on public sector entities. Of the claims
on banks, $20 million is explicitly guaranteed by the parent bank located in Greece. Entries would be:
col 1
90
---
Denmark
Greece
col 2
10
---
col 9
20
---
col 12
--20
col 15
70
20
col 16
10
---
(5) The respondent’s Denmark office has a total of $100 million in claims, not denominated in Danish
kroner, on residents of Denmark, $80 million on banks and $20 million on public sector entities. Of
the claims on banks, $40 million is explicitly guaranteed by the parent bank located in Greece.
Entries would be:
Denmark..
Greece….
col 4
80
---
col 5
20
---
col 9
40
---
col 12
--40
col 15
0
40
col 18
40
---
col 19
20
---
col 21
60
---
(6) The respondent’s offices outside of the Bahamas have claims worth $10 million, not denominated
in Bahamian dollars, on the Nassau, Bahamas, branch of a U.S. bank. Entries would be:
Bahamas………
United States…
col 1
10
XXX
col 9
10
---
col 12
--10
col 15
--XXX
(7) The respondent’s offices outside of Denmark and Spain have $10 million in claims on a
manufacturing company in Denmark guaranteed by a bank located in Spain. Entries would be:
Denmark………
Spain………
col 3
10
---
col 11
10
---
col 12
--10
col 15
--10
(8) The respondent’s office in Spain has non-euro claims worth $10 million on a manufacturing
company in Spain, guaranteed by a bank located in Denmark. Entries would be:
Spain……….
Denmark…..
col 6
10
---
col 11
10
---
col 12
--10
col 15
--10
col 18
-----
(9) The respondent’s office in Spain has a $10 million euro claim on a manufacturing company in
Spain guaranteed by a bank located in Denmark. Entries would be:
Spain……….
Denmark…..
col 8
10
---
col 11
10
---
col 12
--10
15
col 15
--10
(10) The Dominican Republic branch of the respondent has a claim worth $10 million, not
denominated in Dominican Republic Pesos, on a branch of a United Kingdom bank located in the
Dominican Republic. Entries would be:
col 4
10
---
Dominican Republic….
United Kingdom…..
col 9
10
---
col 12
--10
col 15
--10
col 18
-----
(11) The respondent’s U.S. office has a $10 million claim on a U.S. bank that has a parent in United
Kingdom. The parent provides a legally binding guarantee of payment. Entries would be:
col 1
--XXX
United Kingdom……
United States………..
col 9
--10
col 12
10
---
col 15
10
XXX
(12) The respondent’s Italian office has $10 million claim, not denominated in euros, on a U.S. branch
of an Italian bank. Entries would be:
col 1
--XXX
Italy……………….
United States………..
col 9
--10
col 12
10
---
col 18
10
XXX
col 21
10
XXX
(13) The respondent’s Italian office has $10 million claim, denominated in euros, on a U.S. branch of
an Italian bank. Entries would be:
col 1
--XXX
Italy……………….
United States………..
col 9
--10
col 12
10
---
col 18
10
XXX
col 21
--XXX
(14) The respondent’s U.S. office has a $10 million claim on a private company in France that is
guaranteed by a French bank. Entries would be:
France…..
col 3
10
col 11
10
col 12
10
col 15
10
(15) The respondent’s U.S. office has a $10 million claim on a bank in Hong Kong that is a whollyowned banking subsidiary of a Japanese bank. There is no explicit guarantee. Entries would be:
Hong Kong…
Japan………
col 1
10
---
col 9
-----
col 12
-----
col 15
10
---
(16) The respondent’s Hong Kong office has a claim worth $10 million, not denominated in Hong
Kong dollars, on a bank in Hong Kong that is a wholly-owned subsidiary of a Japanese bank. There is
no explicit guarantee. Entries would be:
Hong Kong…
Japan………
col 4
10
---
col 9
-----
col 12
-----
16
col 18
10
---
col 21
10
---
(17) The respondent’s U.S. office has a $10 million claim on a U.S. private company that is
guaranteed by a U.K. bank. Entries would be:
United Kingdom..
United States…..
col 3
--XXX
col 11
--10
col 12
10
---
col 15
10
XXX
(18) The Brazilian branch of the respondent has a claim worth $10 million, not denominated in real,
on a Brazilian manufacturer guaranteed by the United States Export-Import Bank. Entries would be:
Brazil………..
United States….
col 6
10
XXX
col 11
10
---
col 14
--10
col 17
--XXX
(19) The Brazilian branch of the respondent has issued real-denominated loans equivalent to $50
million to a Brazilian non-banking subsidiary of a Belgian company. The parent explicitly guarantees
only $20 million of the claims. Entries would be:
col 8
50
---
Brazil………..
Belgium……..
col 11
20
---
col 14
--20
col 17
--20
col 20
30
---
col 21
-----
(20) The Mexican branch of the respondent has a claim worth $10 million, not denominated in pesos,
on a Mexican public sector institution. The branch also has a claim worth $40 million, not
denominated in pesos, on a private company in Mexico guaranteed by its Japanese parent. Entries
would be:
Mexico...
Japan….
col 5
10
---
col 6
40
---
col 11
40
---
col 14
--40
col 17
--40
col 19
10
---
col 21
10
---
(21) The respondent’s U.S. office has a $20 million claim on a Malaysian financial company. The
respondent purchased credit protection from a German bank, against the risk of default by the
Malaysian financial company through a credit derivative with a maturity equal to the remaining
maturity on the loan. The credit derivative has a notional value of $20 million. Entries would be:
Malaysia…
Germany…
col 3
20
---
col 11
20
---
col 12
--20
col 15
--20
Note regarding Schedule 2:
If the credit derivative has a positive fair value of $2 million, the positive fair value would be reported
in Schedule 2 in the country row of the country of residence of the counterparty to the credit
derivative contract. Entries would be:
Schedule 2
Germany……
col 1
2
col 4
2
17
D.
Unused Commitments (Column 22)
In Column 22, report, on an “ultimate-risk” basis (i.e., after risk transfers due to head offices of bank
branches or credit protection provided by third parties), the unused portions of all outstanding crossborder and local office commitments to provide credit. Include the unused portion of all outstanding
letters of credit and amounts outstanding of purchases of risk participations. Commitments are legally
binding agreements for which the reporter has charged a commitment fee or other consideration.
Exclude “best efforts” letters and letters in which the pricing is indicative and not determined until
launch date, or for which the banking institution has no commitment to buy the assets for its own
account. Exclude any such commitments that cover obligations of U.S. residents. Exclude crossborder commitments (such as those under commercial letters of credit) that can be cancelled, at the
option of the reporter, upon the occurrence of a sovereign event. Also exclude financial and
performance standby letters of credit. (Outstanding and unused financial and performance standby
letters of credit should be reported as guarantees in Column 23).
In case of commitments for syndicated loans, the lead underwriter should report only the underwriter’s
proportional share of the unused commitment. Similarly, contractual underwriting commitments (e.g.,
revolving underwriting facilities) and other underwriting agreements may be shown net of firm
commitments from other parties to purchase the assets without recourse within a short and specific
period of time. Accordingly, the reporter should also include its unused obligations to participate in
syndicated loans and underwritings managed by other institutions.
Commitments of foreign offices to local residents should be included. Commitments that the ultimate
obligor is a resident of the United States should not be reported.
E.
Guarantees and Credit Derivatives (Column 23)
In Column 23, report, by country row of the underlying ultimate obligor, all legally binding
guarantees and insurance contracts (see Section II.D.1 and II.D.2) issued by the reporter’s U.S. or
foreign offices for which the ultimate obligor is not a U.S. resident. Because this report is on a
consolidated basis, do not include guarantees which provide protection only between consolidated
units of the reporter. Include the full amount of outstanding and unused financial and performance
standby letters of credit in Column 23. Guarantees and insurance contracts of foreign offices to local
residents should also be included.
Also report in this column, by country row of the ultimate obligor of the referenced credit, all credit
derivatives where the respondent is a protection seller (see Section II.F) and the ultimate obligor of the
referenced credit is not a U.S. resident. For example, if a reporter is a guarantor providing credit risk
protection to a U.K. bank for a $10 million claim on an Argentinean bank, by means of a credit
derivative, the reporter would report $10 million in Column 23 in the row for Argentina.
Guarantees provided by selling protection on multi-name credit derivatives (such as basket or
portfolio credit default swaps) in which the ultimate obligors of the referenced credits do not all reside
in the same country may be difficult to allocate to a single country and may be reported in the row for
the appropriate “other” geographic region. If there is no single region that is the residence for most of
the credits guaranteed in a multi-name credit derivative, then report the guaranteed amount in the row
for “All Other Countries” (code 63908).
Examples for Columns 22 and 23:
(1) The respondent (through any office) issued a $10 million loan commitment, which has not yet
been drawn to a manufacturing company located in Ireland. Entry would be:
Ireland……………
col 22
10
18
(2) The respondent (through any office) has provided credit protection to a German bank, against the
risk of default by a French non-financial company through a credit derivative. The credit derivative
has a notional value of $10 million. Entry would be:
France……….
col 23
10
Note regarding Schedule 2:
If the credit derivative has a positive fair value of $5 million, the positive fair value would be reported
in Schedule 2 in the country row of the country of residence of the counterparty to the credit
derivative contract. Entries would be:
Schedule 2
Germany……………..
col 1
5
col 4
5
(3) The respondent’s U.S. office has a provided a company in Brazil with a $20 million line of credit
and has provided a bank in the United Kingdom with a $30 million (notional value) credit derivative,
based upon the credit of a German industrial company. Entries would be:
Brazil
United Kingdom
Germany
col 22
20
---------
col 23
------30
Note regarding Schedule 2:
If the credit derivative has a positive fair value of $2 million, the positive fair value would be reported
in Schedule 2 in the country row of the country of residence of the counterparty to the credit
derivative contract. Entries would be:
Schedule 2
United Kingdom
col 1
2
col 4
2
(4) The Brazilian branch of the respondent has a loan commitment of $10 million to a Brazilian
manufacturer. The United States Export-Import Bank has written a guarantee that would guarantee $5
million of the loan, should it be extended. Entries would be:
Brazil……………
United States……
col 22
5
XXX
19
V. SPECIFIC INSTRUCTIONS FOR SCHEDULE 1.a
A.
Foreign-Office Liabilities by Country of Foreign Office (Columns 1 and 2)
Report in Columns 1 and 2, the liabilities of the reporter’s foreign offices by country of each foreign
office that represent liabilities of the foreign offices for which no payment is guaranteed at locations
outside the country of the office. For example, deposits of a foreign branch are assumed to be the
liabilities of the foreign branch, unless they are explicitly redeemable outside the country in which the
branch is located. Exclude the negative fair value of derivative contracts, which may be reported in
Schedule 2.
In Column 1, report foreign-office liabilities that are in a currency other than one which the country’s
government has authority to issue. (See Section II.F.)
In Column 2, report foreign-office liabilities that are in a currency which the country’s government
has authority to issue. (See Section II.F.)
B. Foreign-Office Liabilities by Country of Creditor (Column 3)
Column 3—total liabilities booked at foreign offices—is required to be reported by only those
reporters meeting certain conditions described in Section I.D of these instructions.
In Column 3, report by country of the creditor, all liabilities that are booked at any of the reporter’s
foreign offices, regardless of the currency and regardless of whether payment is guaranteed at
locations outside the country of the office. Liabilities in Column 3, should be reported against the
country where the counterparty is located (i.e., on an immediate-counterparty basis) and not the
location of the parent of the creditor. Exclude the negative fair value of derivative contracts, which
may be reported in Schedule 2.
If the country of the creditor cannot be determined—because the customer was not known to the bank
(as would be the case with negotiable certificates of deposit) or because the nature of the liability
makes it difficult to allocate by customer—then these liabilities should be reported in the row for “All
Other Countries” (country code 63908).
Note that for any row, the amount in Column 3 (which is by country of creditor) may not equal the
sum of amounts in Column 1 and 2 (which are by country of foreign office).
C.
Memorandum Items (Columns 4 through 6)
Net Due to Own Related Offices in Other Countries (Column 4)
Report for each country in which the reporter has an office or offices, the net liabilities (or claims) of
that office or those offices on all other offices of the respondent that are located in other countries
(e.g., the net amount a German branch has “due to” or “due from” the head office and all other
consolidated non-German offices of the parent). Only a single net figure should be reported for all the
offices of the reporter in a given country. If the offices in a given country taken together have a net
“due to” position with all related offices in all other countries combined, a positive figure should be
reported; a net “due from” position should be indicated by a negative sign. For the purposes of this
report, the computation of net due to or due from should include unremitted profits and capital
contribution accounts of branch offices and the equity investment in consolidated subsidiaries.
Include all claims and liabilities that are reflected as balance sheet items (e.g., loans, borrowings,
derivative contracts).
20
The amounts reported in Column 4 represent the internal position of offices within the consolidated
bank or the consolidated holding company. They are, therefore, not reflected in any other columns of
the report.
Assets Held for Trading (Column 5)
In Column 5, report the fair value of the reporter’s trading account assets that are included in Columns
15 through 17 of Schedule 1. Exclude from this column available-for-sale securities, any loans or
leases that are held for sale, and any claims reported in Schedule 2.
Trade Finance (Column 6)
In Column 6, report total extensions of credit with maturities one year and under that are included in
Columns 15 through 20 and 22 through 23 and that: (1) are directly related to imports or exports and
(2) will be liquidated through the proceeds of international trade. Provided these two conditions are
met, such credit extensions may include customers’ liability on acceptances outstanding, own
acceptances discounted, acceptances of other banks purchased, pre-export financing where there is a
firm export sales order, commercial letters of credit, as well as other loans and advances whenever
such extensions directly relate to international trade. Include credit extensions for pre-export
financing when there is a firm export sales order and the proceeds of the order will pay off
indebtedness.
21
VI. SPECIFIC INSTRUCTIONS FOR SCHEDULE 2
Report by country of the counterparty, the positive fair value of all derivative contracts. Positive fair
values can be offset against negative fair values if, and only if, the transactions were executed with the
same counterparty under a legally enforceable master netting agreement under FIN 39. When
contracts are covered by master netting agreements, the net residual amount, if positive, is reported in
the country of residence of the counterparty. No entries on Schedule 2 should be made for the United
States; the country line for the United States is blocked out on the schedule.
All claims reported on Schedule 2 are to be reported on an ultimate-risk basis (see Sections II.D and
II.G). Therefore, amounts that are guaranteed are reported in the sector and country of the guarantor.
Similarly, if collateral is held, amounts that are collateralized are reported in the sector and country of
the institution holding the collateral, except when securities are held as collateral, in which case the
exposure is reported in the sector and country of the issuer of the securities.
A.
Positive Fair Value of Derivative Contracts (Columns 1 through 4)
Report the positive fair value of derivative contracts by sector (see Section II.C) in Columns 1 through
3, and the total in Column 4. If reporter chooses to report separately foreign-office claims in Columns
6 and foreign-office liabilities in Column 7, report only cross-border claims in Columns 1 through 4
(refer to instructions for Columns 6 and 7). Otherwise, report in Columns 1 through 4 both crossborder claims and foreign-office claims on local residents that result from the positive fair value of
derivative contracts.
Contracts not covered by a master netting agreement must be reported gross.
For contracts covered by a multi-branch or multi-jurisdiction master agreement with a non-U.S.
addressee, the net positive residual amount (i.e., the larger of zero or the gross positive fair value less
the gross negative fair value of those contracts covered by the same master agreement) must be
reported in Columns 1 through 3, as appropriate, as well as in Column 4. (The term multi-jurisdiction
or multi-branch agreement refers to a master netting agreement that covers the head office and other
offices of the reporter.)
For contracts covered by a single netting agreement (a master agreement entered into by a single
office of the reporter with another party), the net positive residual amount qualifies to be reported in
Columns 1 - 4, but may also qualify for reporting in Columns 6 and 7 (see below) if the reporter
chooses that option.
When a contract is entered into with a branch of a commercial bank, a claim (i.e., positive fair value)
is reported in the country of the head office because claims on a bank’s branches are assumed to have
an implicit credit guarantee of the head office. Claims on (i.e., contracts having positive fair value)
U.S. branches of foreign banks are reported in the country of the head office. (Refer also to
instructions for memorandum Column 5, which treats claims on bank branches differently.)
B.
Claims on Branches with No Guarantee from Parent (Memorandum Column 5)
In memorandum Column 5, reporters are asked to identify claims on bank branches according to the
country of residence of the branch in those instances in which the claim is not formally and legally
guaranteed by the head office of the branch (and in which the country of residence of the branch is
different than the country of residence of the head office). Amounts reported in Column 5 are also
reported in Columns 1 and 4 (although in Columns 1 and 4 they are reported in the country row of the
head office), except when the head office is in the United States, in which case the claim is reported in
Column 5, but not in Columns 1 or 4. If the claims on a bank branch are formally and legally
22
guaranteed by the head office of the branch (or if the branch is located in the same country as the head
office) then the claims are not reported in column 5. Contracts covered by master netting agreements
are deemed to carry the legal guarantee of the head office and are therefore not reported in Column 5.
For example, an unguaranteed claim on a branch of a foreign bank would be reported in Columns 1
and 4 in the country of the head office and in Column 5 in the country of the branch. A claim on a
foreign branch of a U.S. bank, however, would be reported only in Column 5.
Example: The German office of the respondent has a contract with a positive fair value of $100
million with the German branch of a U.S. bank.
Germany
United States
col 1
---na
col 4
---na
col 5
100
na
• Refer also to examples 1, 2 and 4.
If parties to a multi-branch agreement specify that transactions with branches in certain jurisdictions
are subject to transfer risk, any exposure in that jurisdiction is reported in memorandum Column 5 in
order to reflect the transfer risk in that location.
• Refer to example 3.
C.
Foreign-Office Claims on Local Residents and Foreign-Office Liabilities (Columns 6 and 7)
OPTIONAL: To be reported only by banks that choose to identify foreign-office claims on local
residents and foreign-office liabilities separately, as opposed to reporting foreign-office claims on
local residents in Columns 1 through 4, together with cross-border claims. This choice must be
applied consistently to all contracts covered by this report.
Report in Column 6, on each country line, claims arising from derivative contracts of a foreign office
of the respondent that are claims on residents of the country in which the office is located. Such
claims may be denominated in either local or non-local currency. Entries would be made in Column 6
for a particular country line only if the reporter has a branch or subsidiary in that country.
Do not report in Column 6 foreign-office claims on local residents that are:
•
•
•
guaranteed by residents of other countries;
claims on local branches of U.S. banks or other banks with head offices outside the country
in which the respondent’s foreign office is located;
claims on a local office covered by a multi-jurisdiction master agreement with a counterparty
whose head office is outside the country in which the respondent’s foreign office is located.
All of the claims described above are cross-border claims on an ultimate-risk basis, and should be
reported in Columns 1 through 4.
Report foreign-office liabilities arising from derivative contracts in Column 7. Foreign-office
liabilities are the liabilities (i.e., contracts having negative fair value) of the reporter’s foreign office
that represent legal obligations of the foreign office and for which no payment is guaranteed at
locations outside of the country of that office. Foreign-office liabilities may be to residents or nonresidents and payable in local or non-local currencies.
23
D.
Examples for Schedule 2
I. A U.S. bank, the respondent, enters into various derivative contracts with a Japanese bank. The
balances with the various branches of the Japanese bank on the books of U.S. bank’s various
locations as of the reporting date are shown below, in millions of dollars:
Gross Positive
Fair Value
Gross Negative
Fair Value
Net by
Location
Net Aggregate
Residual Amount
US Hong Kong with:
Japan Hong Kong
Japan London
Japan Tokyo
Total
15
45
60
120
11
75
40
126
4
-30
20
-6
-6
US London
Japan Hong Kong
Japan London
Japan Tokyo
Total
190
79
67
336
70
41
34
145
120
38
33
191
191
US New York
Japan London
Japan New York
Japan Tokyo
Total
57
10
41
108
75
85
40
200
-18
-75
1
-92
-92
US Tokyo
Japan Hong Kong
Japan London
Japan New York
Japan Tokyo
Total
115
75
15
144
349
225
25
100
64
414
-110
50
-85
80
-65
-65
Grand Total
913
885
Total Net Aggregate Residual
28
Example 1: Assumes the respondent has no master agreement and elects to report Columns 7 and 8.
Japan
Hong Kong
United Kingdom
col 1
564
0
0
Memo
col 5
0
320
256
col 4
564
0
0
col 6
349
0
0
col 7
414
126
145
• Since respondent elects to report to Columns 6 and 7, report only cross-border positive fair value in
Column 4: total gross cross-border claims of $564 million (in millions: $913 - $349) on Japan
bank. Because, on an ultimate-risk basis, claims on bank branches are always allocated to the
country of the parent bank, only the claims of the US bank’s Tokyo office on the Japanese bank are
not cross-border claims. Similarly, the claims of the US bank’s Tokyo office on all offices of the
Japanese bank are, on an ultimate-risk basis, foreign-office claims on local residents.
• Since claims on Japan bank’s Hong Kong and London branches are not legally guaranteed by the
head office or covered by a master agreement, report in memorandum Column 5 gross positive fair
value of the branches of Japan bank for the countries in which the branches are located, i.e., $320
24
million (in millions: $15 + $190 + $115) on the Hong Kong country line and $256 million (in
millions: $45 + $79 + $57 + $75) on the United Kingdom country line.
• The positive fair value of $349 million at US bank’s Tokyo branch with Japan bank’s offices qualify
as local country claims on an ultimate-risk basis and are reported in Column 6. If documentation
states that the negative fair value booked at the foreign branches of US bank represent legal
obligations of the foreign office and for which no payment is guaranteed at locations outside of the
country of that office, then these amounts may be reported as local country liabilities in column 7.
Example 2: Assumes the respondent has a master netting agreement with the Japanese bank.
Reporting in Columns 7 and 8 is not appropriate for these claims.
Japan
Hong Kong
UK
United States
col 1
28
0
0
na
Memo
col 5
0
0
0
na
col 4
28
0
0
na
col 6
0
0
0
na
col 7
0
0
0
na
• Report the net positive residual amount of $28 million in Column 4 as exposure in Japan.
Example 3: Same as example 2, except that parties have also agreed to a bilateral collateralization
agreement under which exposures greater than $10 million are collateralized with cash or liquid U.S.
Government securities. Assume that collateral is pledged in minimum incremental amounts of $5
million.
Japan
Hong Kong
UK
United States
col 1
8
0
0
na
col 2
0
0
0
na
Memo
col 5
0
0
0
na
col 4
8
0
0
na
col 6
0
0
0
na
col 7
0
0
0
na
• Under the bilateral collateralization agreement, Japanese bank would have to pledge $20 million in
collateral (in 4 increments of $5 million). Report the uncollateralized exposure of $8 million in
Japan. Since the collateral is U.S. Government securities, it is not reported.
II. US bank, the respondent, enters into various derivative contracts with foreign corporate customers
and banks. The balances with these parties on the books of US bank’s various locations as of the
reporting date are shown below, in millions of dollars:
US Hong Kong with:
Hong Kong Corporate
Singapore Corporate
UK Bank, Hong Kong branch
Total
US London
UK Corporate
Hong Kong Bank, London
branch
Total
Gross Positive
Fair Value
Gross Negative
Fair Value
Net by
Location
Net Aggregate
Residual Amount
15
45
60
120
11
75
40
126
4
-30
20
-6
-6
190
79
70
41
120
38
269
111
158
25
158
US New York
Argentine Corporate
Venezuela Bank
Total
57
10
67
75
85
160
Grand Total
456
397
-18
-75
-93
-93
Total Net Aggregate Residual
59
Example 4: Assumes the respondent has no master agreement and does not elect to report Columns 6
and 7.
col 1
79
60
0
10
0
Hong Kong
UK
Argentina
Venezuela
Singapore
col 3
15
190
57
0
45
col 4
94
250
57
10
45
Memo
col 5
60
79
0
0
0
• Report gross the positive fair value in column 4 (and in Columns 1 and 3, as appropriate): in Hong
Kong, $94 million—$15 million to the Hong Kong Corporate and $79 million to the London branch
of Hong Kong Bank; in the United Kingdom, $250 million—$60 million to the Hong Kong branch
of UK Bank and $190 million to the UK Corporate; in Argentina, $57 million to Argentine
Corporate; in Venezuela, $10 million to Venezuela Bank; and in Singapore, $45 million to
Singapore Corporate.
• Report in memorandum Column 5 claims on the Hong Kong branch of UK bank ($60 million) and
on the London branch of Hong Kong bank ($79 million) in the countries in which the branches are
located, since these claims are not formally guaranteed by their head offices or covered by a master
agreement.
Example 5: Assumes the respondent has no master agreement and elects to report Columns 6 and 7.
Assume also that its U.S. parent legally guarantees the liabilities of the Argentine corporate customer.
Hong Kong
UK
Argentina
Venezuela
Singapore
col 1
79
60
0
10
0
col 3
0
0
0
0
45
col 4
79
60
0
10
45
Memo
col 5
60
79
0
0
0
col 6
15
190
0
0
0
col 7
126
111
0
0
0
• Report in Column 4 (and in Columns 1 and 3, as appropriate) cross-border exposures: in Hong
Kong, $79 million to the London branch of Hong Kong Bank; in the United Kingdom, $60 million
to the Hong Kong branch of UK Bank; in Argentina, $0 (the exposure to Argentine corporate
customer is formally guaranteed by its U.S. parent); in Venezuela, $10 million; and in Singapore,
$45 million.
• Report in Column 5 claims on branches of UK bank ($60 million) and Hong Kong bank ($79
million) in the countries of these particular branches.
26
• Report in Columns 6 and 7 local country assets of $15 million in Hong Kong and $190 million in the
United Kingdom and, if appropriately documented, local country liabilities to both residents and
nonresidents of $126 million in Hong Kong and $111 million in the United Kingdom.
27
| File Type | application/pdf |
| File Modified | 2006-04-27 |
| File Created | 2006-02-09 |