Clarifications around which entities to include for those identified by a bloomberg ticker referencing a Sovereign
Annex I Template C 101.00 includes many sovereign entities referenced by the Bloomberg Ticker. Examples below.
Can we please confirm if this is intended to capture
(a) only exposures directly with the sovereign, or
(b) also exposures with central banks, or
(c) also exposures with other Government agencies.
And if so, should we aggregate the exposures across all Sovereigns / Government Agencies / Central Banks per country and report in one row?
Examples of Government Agencies: Ministries of Finance, Departments of Finance, government owned companies (such as utilities, banks etc)
Examples of sovereign entities referenced by the Bloomberg Ticker in Annex I template C 101.00:
Bloomberg ticker Name
1310Z AR Equity Argentina
1525Z AU Equity Australia
1480Z AV Equity Austria
43886Z BD Equity Bangladesh
111136Z BB Equity Belgium
1323Z BZ Equity Brazil
129225Z BU Equity Bulgaria
PRCH CH Equity China
1040Z CP Equity Czech Republic
1083Z EY Equity Egypt
1000Z ET Equity Estonia
223727Z FP Equity France
3413Z GR Equity Germany
1004Z GA Equity Greece
1182Z HB Equity Hungary
Each of the entities referenced by a Bloomberg ticker uniquely identifies an entity in Bloomberg. As such, institutions should report the exposures corresponding to these sovereign entities.
The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal. The text of the Implementing Regulation may differ from the text of the draft ITS to which this Q&A refers.
Update 26.03.2021: This Q&A has been reviewed in the light of the most recent amendments to the ITS 2016/2070 on Supervisory Benchmarking and continues to be relevant.