Ultimate parent undertaking identifier (ULTMT_PRNT_UNDRT_ID)

Edition: second edition Veröffentlicht: 27.05.2019 aktuell Zum Quelldokument →

Definition: Ultimate parent undertaking identifier. The ultimate parent undertaking identifier is the counterparty identifier for the domestic part of the legal entity which is the ultimate parent undertaking of the counterparty. If the counterparty has no parent undertaking, 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 ultimate parent undertaking identifier enables a link to be established between the legal entity, as represented by the head office undertaking, and its ultimate parent undertaking (if any). The ultimate parent undertaking of a counterparty is the undertaking which effectively exercises, directly or indirectly, the ultimate dominant influence over the counterparty.

Reporting qualification: The ultimate 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 from individual reporting agents (cf. Tables 2 and 3 in Annex III to the AnaCredit Regulation). For debtors and protection providers that are not resident in an RMS, this data is not required (cf. Table 3 in Annex III to the AnaCredit Regulation). For all other counterparty roles, regardless of the 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. 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 ultimate parent undertaking (if any) of a counterparty is the undertaking which effectively exercises, directly or indirectly, the ultimate dominant influence over the counterparty. Revision mark: clarifications concerning the ultimate parent undertakings are added in line with Q&A 2018/0047 31 May 2019 AnaCredit Reporting Manual – Part II – Datasets and data attributes In the case of counterparties which are part of the general government, the ultimate 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 ultimate parent undertaking relates only to legal entities, no information on the ultimate 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 ultimate parent undertaking of a foreign branch is the legal entity which is the ultimate parent undertaking of the legal entity of which the foreign branch is part. Moreover, the ultimate 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 a protection provider does not have an ultimate parent undertaking, the counterparty identifier of the legal entity to which the debtor or protection provider belongs is reported as the ultimate parent undertaking identifier (in the data record of the head office undertaking, if the debtor is a foreign branch). Note that the ultimate parent undertaking identifier and the respective counterparty reference data report are reported irrespective of whether there is a business relationship between the observed agent and the ultimate parent undertaking. If the legal entity does not have an ultimate parent undertaking, the counterparty identifier of the legal entity is reported as the “ultimate parent undertaking identifier”.