EBA NPL Template

From Open Risk Manual

Background

Following calls from the EU Commission and the EU Council to develop data templates to reduce information asymmetries between potential buyers and sellers of Non-Performing Loans (NPL), the European Banking Authority (EBA) has developed such standardised data templates. The EBA has providing these templates to allow banks to supply comparable and standardised data on NPLs to investors and other stakeholders.

The templates are not a supervisory reporting requirement. They are designed in a way that they can act as a market standard, used by banks on a voluntary basis for NPL transactions, and to form the foundation for NPL secondary markets initiatives. The EBA NPL transaction templates provide data loan by loan, i.e. at the most granular level. They are built on existing reporting, which should reduce implementation costs. Within the templates users should be able to identify the data needed by investors to fairly price an NPL portfolio.

Update History

  • Original Version (1.0): December 2017
  • Current Version (1.1): September 2018

Structure

The template in a set of tables:

Table Name Purpose
EBA NPL Counterparty Group Table Data Fields relating to Counterparty Groups
EBA NPL Counterparty Table Data Fields relating to Counterparties
EBA NPL Loan Table Data Fields relating to Loans
EBA NPL Relationship (Borrower - Loan) Table Data Fields connecting Loans to Counterparties
EBA NPL Lease Table Data Fields relating to Leases
EBA NPL Swap Table Data Fields relating to Swaps
EBA NPL Property Collateral Table Data Fields relating to Property Collateral backing the Loans
EBA NPL Non-Property Collateral Table Data Fields relating to Non-Property Collateral backing the Loans
EBA NPL Relationship - Property Collateral Table Data Fields connecting Property Collateral to Loans
EBA NPL Relationship - Non-Property Collateral Table Data Fields connecting Non-Property Collateral to Loans
EBA NPL Enforcement Table Data Fields relating to Enforcement
EBA NPL External Collection Table Data Fields relating to External Collection
EBA NPL Forbearance Table Data Fields relating to Forbearance
EBA NPL Historical Collection & Repayment Schedule Table Data Fields documenting historical collections
EBA NPL Relationship (Guarantor - Guarantee) Table Data Fields connecting guarantees to counterparties
EBA NPL Relationship (Tenant - Lease) Table Data Fields connecting leases to counterparties

The template represented as a graph (key entities only)

EBA Disclaimers

The following are disclaimers as provided by the EBA

Using the templates should not be seen as discharging the users or any contracting parties in NPL transactions from any legal, accounting, and tax, professional, supervisory or other form of obligation, including obligations, which users might have to observe in connection with data protection regulation and other national and Union legislation on data protection and data confidentiality.

Any party involved in an existing or potential NPL transaction may also request further data, not included in the EBA NPL templates, including documents further supporting the data provided in the templates.

The EBA NPL templates should be seen as provided “as is”, with no guarantee of completeness, accuracy and timeliness of the data and information exchanged or received through the use of these templates, and without warranty of any kind, express or implied. The terms applied and any other related information in these templates are not guaranteed to exactly reproduce officially adopted texts.

All parts of the EBA NPL templates, including any legal and other information contained therein, is for general guidance: the application and impact of laws can vary widely over-time or based on the specific facts involved. Given the changing nature of laws, rules and regulations, there may be delays, omissions or inaccuracies in the data fields included in the templates.

Additional Disclaimers

The EBA Template documentation has been converted into online hyperlinked content that is embedded within the Open Risk Manual. There is no guarantee that the conversion is faithful to the original. When in doubt, consult the documentation and templates provided by the EBA.

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