Definition
−IF [Accounting.Sources of encumbrances ] in {'Central bank funding', 'Exchange traded derivatives', 'Over-the- counter derivatives', 'Deposits – repurchase agreements other than to central banks', 'Deposits other than repurchase agreements', 'Debt securities issued – covered bonds securities', 'Debt securities issued – asset-backed securities', 'Debt securities issued – other than covered bonds and ABSs', 'Other sources of encumbrance'} THEN [Accounting.Balance sheet recognition] IN {'Entirely recognised’,'Recognised to the extent of the institution's continuing involvement'}
+IF [Accounting.Sources of encumbrances ] IN {“Central bank funding”, “Exchange traded derivatives”, “Over-the-counter derivatives”, “Deposits – repurchase agreements other than to central banks”, “Deposits other than repurchase agreements”, “Debt securities issued – covered bonds securities”, “Debt securities issued – asset-backed securities”, “Debt securities issued – other than covered bonds and ABSs”, “Other sources of encumbrance”} THEN [Accounting.Balance sheet recognition] IN {“Entirely recognised”, “Recognised to the extent of the institution’s continuing involvement”}
Kurzbeschreibung
−This validation check ensures that, in the case of instruments subject to encumbrance (i.e. excluding instruments not subject to any encumbrance), if the type of transaction in which the instrument's exposure is encumbered is specified in [Source of encumbrance], then the instrument must be recognised in the balance sheet.
+This validation check ensures that, in the case of instruments subject to encumbrance (i.e. excluding instruments not subject to any encumbrance), if the type of transaction in which the instrument’s exposure is encumbered is specified in [Source of encumbrance], then the instrument must be recognised in the balance sheet.