Information template for financial functions

Resolution Regime – Code of Practice CI-1 Resolution Planning - Core

Information Requirements

Annex 1: Information template for financial functions

Information should be reported separately on an entity basis, covering the activities of the AI and its material entities.

An AI may, where necessary, employ reasonable assumptions to estimate an approximate market share (where such information is sought). The use of such assumptions and how an estimate is reached should be explained in the submission.

Function category Products and services Requested information A. Deposits 1. Retail deposits to split types of

deposits further by:

− current, savings or time (by maturity)

− HKD and other currencies

a. Total deposit liabilities b. Number of accounts c. Number of customers

d. Number of accounts with balances above Deposit Protection Scheme (DPS) coverage limit*

e. Number of accounts with balances not more than DPS coverage limit*

f. Number of customers with balances above DPS coverage limit*

g. Number of customers with balances not more than DPS coverage limit*

h. Total deposit liabilities ineligible for DPS protection i. Total deposit liabilities eligible for DPS protection (capped

at coverage limit per depositor)*

j. Market share estimate

*where DPS applies to the AI 2. Corporate deposits to split types

of deposits further by:

− current, savings or time (by maturity)

− HKD and other currencies

a. Total deposit liabilities b. Number of accounts c. Number of customers

d. Number of accounts with balances above DPS coverage limit

e. Number of accounts with balances not more than DPS coverage limit

f. Number of customers with balances above DPS coverage limit

g. Number of customers with balances not more than DPS coverage limit

h. Total deposit liabilities ineligible for DPS protection i. Total deposit liabilities eligible for DPS protection (capped

at coverage limit per depositor) j. Market share estimate

Resolution Regime – Code of Practice CI-1 Resolution Planning - Core

Information Requirements

Function category Products and services Requested information B. Lending and Loan

Servicing

1. Retail secured to split further by type, maturity (short term¹⁵ / long term ¹⁶ / revolving) and currency

a. Total assets

b. Total committed facilities c. Number of accounts d. Number of customers e. Market share estimate 2. Retail unsecured to split further

by type, maturity (short term / long term / revolving) and currency

a. Total assets

b. Total committed facilities c. Number of accounts d. Number of customers e. Market share estimate 3. Corporate secured to split further

by type, maturity (short term / long term / revolving) and currency

a. Total assets

b. Total committed facilities c. Number of accounts d. Number of customers e. Market share estimate 4. Corporate unsecured to split

further by type, maturity (short term / long term / revolving) and currency

a. Total assets

b. Total committed facilities c. Number of accounts d. Number of customers e. Market share estimate 5. Trade Finance to split further by a. Total assets

type (e.g. documentary b. Number of customers credit/collection, guarantees, c. Number of accounts import/export loans, factoring) d. Market share estimate 6. Others (types of loans that may a. Total assets

not fit well to the descriptions b. Total committed facilities above, e.g. infrastructure lending) c. Number of accounts

d. Number of customers e. Market share estimate

15 Short term retail lending refers to lending with a maturity of up to and including one year.

16 Long term retail lending refers to lending with a maturity of more than one year.

Resolution Regime – Code of Practice CI-1 Resolution Planning - Core

Information Requirements

Function category Products and services Requested information C. Payments, clearing,

custody and settlement

1. Cash services

− (ATMs, branch network, note issuance, transfer/remittance services, electronic payment services)

a. Transaction volume and value (to specify form, e.g.

daily/monthly/annual, flow, average, domestic vs cross-border, etc.)¹⁷

b. Users or members of these systems or services c. Market share estimate

2. Small value retail payment systems

− (Credit card schemes, debit card schemes, large merchant acquirers, payment gateways and mobile payment infrastructure)

a. Transaction volume and value, broken down by type and currency (to specify form, e.g. daily/monthly/annual, flow, average, domestic vs cross-border, etc.)

b. Users or members of these systems or services c. Market share estimate

3. Wholesale payment services a. Transaction volume and value, broken down by type (institution, customer, FX) and currency (to specify form,

− (Clearing House Automated e.g. daily/monthly, flow, average, domestic vs cross-Transfer System, “CHATS”) border, etc.)

− (Provision of FMI to other FIs) b. Users or members of these systems or services c. CHATS settlement institution status

d. Liquidity arrangement and other conditions for the AI to perform the settlement institution function (if applicable), including credit facilities, such as intra-day repo, offered to the participating members by the AI as the settlement institution of the payment system for enhancing the intraday liquidity management of the system e. Market share estimate

4. Settlement services

− (Central Moneymarkets Unit (“CMU”) and Central Clearing and Settlement System (“CCASS”))

a. Transaction volume and value, broken down by types of securities and currency

b. Users or members of these systems or services c. Market share estimate

5. Custody services a. Client assets and money held b. Market share estimate 6. Other related services including

third-party operational services (such as collateral management, FMI access for third parties, treasury and cash management services, back office for retail banking)

a. Description of service b. Number of clients c. Market share estimate

In respect of C1 to C4, AIs are expected to provide, if available, transaction volume and value on an (a) average daily; (b) monthly; and (c) annual basis.

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Resolution Regime – Code of Practice CI-1 Resolution Planning - Core

Information Requirements

Function category Products and services Requested information D. Wholesale funding

markets

1. Securities financing, including:

− Repos (by type: bilateral/tripartite, currency)

− Reverse repos (by type:

bilateral/tripartite, currency)

a. Transaction volume and value b. Outstanding balances c. Market share estimate

2. Wholesale lending and borrowing (by type: secured/unsecured, product, counterparty, currency)

a. Transaction volume and value b. Outstanding balances c. Market share estimate 3. Securities lending (by type:

direct / third party / agent)

a. Transaction volume and value b. Outstanding balances c. Market share estimate E. Capital markets &

Investments

1. Debt securities markets (including primary and secondary markets and split by product and by currency)

a. Transaction volume and value of debt securities (by platform)

b. Transaction volume and value of funds (by platform) c. Outstanding balances

d. Market share estimate 2. Other securities markets

(including primary and secondary markets and split by product)

a. Transaction volume and value b. Outstanding balances c. Market share estimate 3. Derivatives (by type: equities,

sovereign credit, non-sovereign credit products, rates, foreign exchange, commodities; and by clearing method: exchange-traded / OTC cleared through CCPs / OTC cleared bilaterally)

a. Total notional outstanding b. Gross market value

c. Total number of counterparties d. Market share estimate

4. Asset Management a. Number of clients b. Assets under management c. Market share estimate

5. Insurance a. Number of policies

b. Premium revenue c. Market share estimate

Resolution Regime – Code of Practice CI-1 Resolution Planning - Core

Information Requirements

Annex 2: Recommended structure of core information submission