Type of securitisation (Verbriefungsart)

Definition: Type of securitisation. Identification of the securitisation type, in accordance with Article 242(10) and (11) of Regulation (EU) No 575/2013. This data attribute captures the type of securitisation to which the instrument has been subject. Accordingly, a traditional securitisation means a securitisation involving the economic transfer of the exposures being securitised. This is accomplished by the transfer of ownership of the securitised exposures from the originator institution to an FVC or through sub-participation by an FVC. The securities issued do not represent payment obligations of the originator institution. By contrast, a synthetic securitisation means a securitisation where the transfer of risk is achieved by the use of credit derivatives or guarantees, and the exposures being securitised remain exposures of the originator institution. For more guidance regarding the reporting of instruments subject to securitisation, please refer to Part III of the Manual, which deals specifically with this subject.

Reporting qualification: This data attribute is always reported, i.e. there can be no derogations in accordance with Article 7 of the AnaCredit Regulation in respect of this data attribute.

Values: 1. Traditional securitisation: instrument which is securitised in a traditional securitisation 2. Synthetic securitisation: instrument which is securitised in a synthetic securitisation 3. Not securitised: instrument which is not securitised either in a traditional or synthetic securitisation General reporting instructions, specific cases and examples Note that if the value “traditional securitisation” is reported in the data attribute “type of securitisation”, a positive amount is reported in the data attribute “transferred amount”. Note also that if the value “synthetic securitisation” is reported in this data attribute: • the value in the data attribute “balance sheet recognition” is not reported as “entirely derecognised”; • the fact that the instrument is subject to a synthetic securitisation does not affect the amount reported under the data attribute “transferred amount 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes (i.e. if prior to the securitisation the transferred amount was zero, it is also reported as zero upon securitisation); • the observed agent reports the instrument in the instrument-protection received dataset and the protection received (i.e. the securitisation transaction) in the protection received dataset. If an instrument is sold to a third party in a manner other than by a securitisation transaction, and the observed agent retains the servicing rights of the instrument, the value in the data attribute “type of securitisation” is “not securitised”. However, a positive value is reported in the data attribute “transferred amount”. Please note that an instrument subject to securitisation should not be marked as a fiduciary instrument. However, in certain circumstances where fiduciary instruments may be subject to securitisation, such fiduciary instruments are marked as securitised.

Definition: Type of securitisation. Identification of the securitisation type, in accordance with Article 242(10) and (11) of Regulation (EU) No 575/2013. This data attribute captures the type of securitisation to which the instrument has been subject. Accordingly, a traditional securitisation means a securitisation involving the economic transfer of the exposures being securitised. This is accomplished by the transfer of ownership of the securitised exposures from the originator institution to an FVC or through sub-participation by an FVC. The securities issued do not represent payment obligations of the originator institution. By contrast, a synthetic securitisation means a securitisation where the transfer of risk is achieved by the use of credit derivatives or guarantees, and the exposures being securitised remain exposures of the originator institution. For more guidance regarding the reporting of instruments subject to securitisation, please refer to Part III of the Manual, which deals specifically with this subject.

Reporting qualification: This data attribute is always reported, i.e. there can be no derogations in accordance with Article 7 of the AnaCredit Regulation in respect of this data attribute.

Values: 1. Traditional securitisation: instrument which is securitised in a traditional securitisation 2. Synthetic securitisation: instrument which is securitised in a synthetic securitisation 3. Not securitised: instrument which is not securitised either in a traditional or synthetic securitisation General reporting instructions, specific cases and examples Note that if the value “traditional securitisation” is reported in the data attribute “type of securitisation”, a positive amount is reported in the data attribute “transferred amount”. Note also that if the value “synthetic securitisation” is reported in this data attribute: • the value in the data attribute “balance sheet recognition” is not reported as “entirely derecognised”; • the fact that the instrument is subject to a synthetic securitisation does not affect the amount reported under the data attribute “transferred amount 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes (i.e. if prior to the securitisation the transferred amount was zero, it is also reported as zero upon securitisation); • the observed agent reports the instrument in the instrument-protection received dataset and the protection received (i.e. the securitisation transaction) in the protection received dataset. If an instrument is sold to a third party in a manner other than by a securitisation transaction, and the observed agent retains the servicing rights of the instrument, the value in the data attribute “type of securitisation” is “not securitised”. However, a positive value is reported in the data attribute “transferred amount”. Please note that an instrument subject to securitisation should not be marked as a fiduciary instrument. However, in certain circumstances where fiduciary instruments may be subject to securitisation, such fiduciary instruments are marked as securitised.

In diesem Datenfeld wird die Art der Verbriefung des Instruments angegeben. Siehe Teil III, „Meldung besonderer Geschäfte“, „9.3 Forderungsverkauf und Verbriefungen“ Es gibt die folgenden Angabemöglichkeiten: Traditionelle Verbriefung Für ein Instrument, das in Form einer traditionellen Verbriefung verbrieft ist. Synthetische Verbriefung Für ein Instrument, das in Form einer synthetischen Verbriefung verbrieft ist. Nicht verbrieft Für ein Instrument, das weder in Form einer traditionellen noch in Form einer synthetischen Verbriefung verbrieft wird. Wird ein Instrument auf anderem Wege als durch eine Verbriefung an Dritte verkauft und nimmt die beobachtete Einheit weiterhin die Rolle als Servicer wahr, so ist im Datenfeld Verbriefungsart der Wert „nicht verbrieft“ anzugeben. Allerdings ist im Datenfeld übertragener Betrag ein positiver Wert zu melden.