What kind of financing are reported since the “Mortgage loans” with the purposes of FINREP layout F?

step 1. 2. What sort of industrial and you will property will be claimed because collateral to own “Mortgages” to your purposes of layout F?

Predicated on Percentage Applying Regulation (EU) Annex V. Region dos part 81/a good “81. For reporting money and you will advances according to sorts of promise the following definitions should be put: (a) within this “Mortgages [Loans collateralised by immovable assets]”, “Residential” includes finance protected from the home-based immovable assets and “Commercial” loans covered by the claims away from commercial immovable assets; in the two cases since discussed regarding the CRR. According to the revealing advice, it doesn’t need qualification of the home to your risk weights centered on Content 125 otherwise 126 of your own CRR, but explicitly has all the “money formally secured by the immovable property security alone of the loan/guarantee proportion”. Q&A2014_1214 has the benefit of the new CRR definition of homes and you may commercial immovable assets. Because of this exposures secure of the mortgage loans towards immovable assets (Blog post 124) are going to be restricted to exposures safeguarded because of the residential otherwise “practices or any other industrial properties” features.