The guidelines for the CR GB 1 COREP template, Geographical breakdown of exposures by residence of the obligor, state that 'residence of the obligor' refers to the country of incorporation. However, how is this guideline to be applied in the case of exposures to either supranational organisations such as the EU (European Union) or multilateral development banks such as the EIB (European Investment Bank)?
The term 'country of incorporation' is not clear when applied to supranational organisations such as the EU or multilateral development banks such as the EIB.
In template C 09.01, exposures to supranational organisations shall not be assigned to the country of residence of the institution, but to the geographical area "other countries" irrespective of the exposure class where the exposure to supranational organisations is assigned. The geographical area "other countries" shall also be used to report exposures to the European Central Bank. This procedure is also applicable for C 09.02 and for FINREP templates F 20.01 to F 20.07.
Possible documents to identify supranational/international organisations are the lists provided in: