How should an institution report two different groups of connected clients / which "code" should it use, if one client is considered as most significant entity within both groups?
Guidelines on the implementation of the revised large exposure regime par. 32 define, that one client can be included in more than one group of connected clients (for example in 2 different groups). If this client, which is included in both groups of connected clients, is considered as the most significant entity within both groups, an institution should (according to the instructions for large exposures reporting) use the code of this client for a group code for reporting purposes. Is it acceptable tha two different groups of connected clients have the same "group code" for reporting purposes?