- asset
has the same meaning as defined in paragraph 7.15 of Annex A to Regulation (EU) No 549/2013;
- central credit register
(CCR) means a credit register operated by an NCB that receives reports from, and provides support to lenders in the financial sector, by providing them with credit and credit risk information;
- commitment amount
means the sum of the data attributes ‘outstanding nominal amount’ and ‘off-balance-sheet amount’ as defined in Annex IV;
- contract
means a legally binding agreement between two or more parties under which one or multiple instruments are created;
- counterparty
means an institutional unit that is a party to an instrument or has an affiliation with a party to an instrument;
- credit institution
has the same meaning as defined in Article 4(1)(1) of Regulation (EU) No 575/2013 of the European Parliament and of the Council;
- credit risk
means the risk that a counterparty fails to make any payments that it is contractually obliged to make;
- creditor
means the counterparty bearing the credit risk of an instrument, other than a protection provider;
- debtor
means the counterparty which has the unconditional obligation to make repayments arising under the instrument;
- foreign branch
means an institutional unit which is a legally dependent part of a legal entity resident in a different country to that where the legal entity is incorporated in accordance with the concept of a ‘single branch’ referred to in Article 2(3) of Regulation (EC) No 2533/98;
- institution
has the same meaning as defined in Article 4(1)(3) of Regulation (EU) No 575/2013;
- institutional unit
has the same meaning as defined in paragraphs 2.12 and 2.13 of Annex A to Regulation (EU) No 549/2013 of the European Parliament and of the Council;
- instrument
means any item specified in the data attribute ‘type of instrument’, as defined in Annex IV.
- legal entity
means any entity which, under the national law to which it is subject, can acquire legal rights and obligations;
- legal entity identifier
(LEI) means an alphanumeric reference code in line with the ISO 17442 standard assigned to a legal entity;
- national identifier
means a commonly used identification code which enables the unambiguous identification of a counterparty within its country of residency;
- observed agent
means an institutional unit whose activity as creditor or servicer is reported by the reporting agent.
- on an individual basis
means with reference to a single institutional unit, including institutional units that are part of a legal entity.
- protection
means an assurance or coverage against a negative credit event, by means of any item listed in the data attribute ‘type of protection’ as defined in Annex IV;
- protection provider
means the counterparty that grants protection against a contractually agreed negative credit event and that bears the credit risk of the negative credit event;
- relevant NCB
means the NCB of the reporting Member State in which the reporting agent is resident;
- reporting agent
means either a legal entity or a foreign branch that is resident in a reporting Member State and that is subject to the ECB's reporting requirements pursuant to this Regulation;
- reporting Member State
means a Member State whose currency is the euro;
- resident
has the same meaning as defined in Article 1(4) of Regulation (EC) No 2533/98;
- servicer
means the counterparty responsible for the administrative and financial management of an instrument;