Immediate parent undertaking identifier (IMMDT_PRNT_UNDRT_ID)

Edition: second edition Veröffentlicht: 27.05.2019 aktuell Zum Quelldokument →

Definition: Immediate parent undertaking identifier. The immediate parent undertaking identifier is the counterparty identifier for the domestic part of the legal entity which is the immediate parent undertaking of the counterparty. If the counterparty has no parent undertaking and is a domestic part of a legal entity, the counterparty identifier for the counterparty itself is to be reported. Parent undertaking has the same meaning as defined in Article 4(1)(15)(a) of Regulation (EU) No 575/2013. The immediate parent undertaking identifier enables a link to be established between the legal entity, as represented by the head office undertaking, and its immediate parent undertaking (if any). The immediate parent undertaking of a counterparty is the undertaking which effectively and directly exercises a dominant influence over the counterparty.

Reporting qualification: The immediate parent undertaking identifier is reported for all debtors resident in a reporting Member State (RMS) to which at least one instrument has been originated at or after 1 September 2018 (cf. Table 2 in Annex III to the AnaCredit Regulation). For other debtors and protection providers that are resident in an RMS, there is a general reporting obligation. However, the relevant NCB may decide not to collect this information for some or all counterparties from individual reporting agents (cf. Table 2 in Annex III to the AnaCredit Regulation). For debtors and protection providers that are not resident in an RMS, this data attribute is not required (cf. Table 3 in Annex III to the AnaCredit Regulation). For all other counterparty roles, regardless of the counterparty’s country of residence, this data attribute is not required (cf. Tables 2 and 3 in Annex III to the AnaCredit Regulation). When this data attribute is not required by the relevant NCB, the value “not required” is reported.

Values: Alphanumeric: a code consisting of alphabetical and numerical symbols. Revision mark: further clarifications are added concerning the immediate parent undertaking Revision mark: further clarifications are included in line with Annex III to the AnaCredit Regulation 31 May 2019 AnaCredit Reporting Manual – Part II – Datasets and data attributes General reporting instructions, specific cases and examples According to Article 4(1)(15)(a) of the CRR, “parent undertaking” means “a parent undertaking within the meaning of Articles 1 and 2 of Directive 83/349/EEC”. The immediate parent undertaking (if any) of a counterparty is the undertaking which effectively and directly exercises a dominant influence over the counterparty. In the case of counterparties which are part of the general government, the immediate parent undertaking which belongs to the general government is reported. For more details on the definition of general government, please refer to Chapter 2 of the Annex to Regulation (EU) 549/2013. As regards counterparties in relation to which a natural person exercises a dominant influence, the natural person does not qualify as either the immediate or ultimate parent undertaking and is consequently not reported to AnaCredit. As the concept of immediate parent undertaking relates only to legal entities, no information on the immediate parent undertaking is recorded in the counterparty reference data of a foreign branch or special fund (cf. Section 12.2.2). In line with the general approach, the immediate parent undertaking of a foreign branch is the legal entity which is the immediate parent undertaking of the legal entity of which the foreign branch is part. Moreover, the immediate parent undertaking identifier is reported in the counterparty reference data record of the legal entity (as represented by the head office undertaking) of the foreign branch (rather than in the counterparty reference data record of the foreign branch). If a debtor or protection provider does not have an immediate parent undertaking, the counterparty identifier of the legal entity to which the debtor or protection provider belongs is reported as the immediate parent undertaking identifier (in the data record of the head office undertaking, if the debtor is a foreign branch). If a counterparty or protection provider has more than one immediate parent undertaking, the entity with the most significant influence over the debtor/protection provider (normally, but not necessarily, the one with the highest share of ownership) is reported as the immediate parent undertaking. If two or more undertakings have the same influence over a debtor/protection provider, only one of them, at the discretion of the reporting agent, is reported as the immediate parent undertaking. Note that the immediate parent undertaking identifier and the respective counterparty reference data are reported irrespective of whether there is a business relationship between the observed agent and the immediate parent undertaking. If the legal entity does not have an immediate parent undertaking, the counterparty identifier of the legal entity is reported as the “immediate parent undertaking identifier”. Revision mark: clarifications concerning the immediate parent undertakings are added in line with Q&A 2018/0047 Revision remark: moved from Section 3.4.2 in Part I of the AnaCredit Manual 31 May 2019 AnaCredit Reporting Manual – Part II – Datasets and data attributes