EBA NPL.Counterparty Group.Cross Collateralisation in Counterparty Group

From Open Risk Manual

Definition of Counterparty Group / Cross Collateralisation in Counterparty Group

Counterparty Group.Cross Collateralisation in Counterparty Group: Indicator as to whether all / some of the loans in the Counterparty Group are secured by all / some of the collaterals within the Counterparty Group ("Full", "Partial", "None")

  • EBA Field Index 2.008
  • Documentation Entry 11

Description

"Cross Collateralisation in Counterparty Group" is the indicator as to whether all or some of the loans in the Counterparty Group are secured by all or some of the collaterals within the Counterparty Group where Cross Collateralisation is when Counterparties of a Counterparty Group have Collateral secured against a loan, which is then used as collateral against all loans taken out by all Counterparties of that Counterparty Group.

Field Characteristics

The field type is a Choice field. The following choices are available:

  • (a) Full
  • (b) Partial
  • (c) None


The field's importance for the Loan Tape is Critical.

The field belongs to the EBA NPL Counterparty Group Table.

The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Residential Real Estate Loans, Unsecured Loans, Auto Loans,

The field is applicable to all borrower types.

The field is Not Confidential

Notes

  • The choice list in the EBA documentation starts the enumeration at (d) instead of at (a)

Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions