Form Ffiec 009 - Country Exposure Report Page 29
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36FFIEC 009
Examples for Column 18:
Column 20: Memorandum: Assets Held for Trading
Report in this memorandum column, by country, the fair
(1) The Brazilian branch of the respondent has a real-
value of the respondent’s outstanding claims reported in
denominated loan equivalent to $10 million on a
column 4 after adjustments in column 8–13 that satisfy
Brazilian bank in Brazil. Entries would be:
the coverage and definition of claims given in Part III,
definition J.
col 3
col 8
Brazil ............................
—
10
Column 21: Memorandum: Trade Financing
(2) The Brazilian branch of the respondent has a dollar-
Report in this memorandum column, by country, the
denominated loan for $10 million on a Brazilian
claims and commitments reported in columns 1–4 and 15
bank in Brazil. Entries would be:
that satisfy the coverage and definition of claims given in
Part III, definition F.
col 1
col 18
Brazil ............................
—
10
SCHEDULE 2
(3) The London branch of the respondent has a real-
Report by country outstanding claims on foreigners that
denominated claim equivalent to $10 million on a
represent the revaluation gains from marking to market
bank in Brazil. Entries would be:
interest rate, foreign exchange, and other off-balance
sheet commodity and equity contracts held for trading
col 1
col 18
purposes. Revaluation gains can be offset against revalu-
Brazil ............................
10
—
ation losses if the transactions were executed with the
same counterparty under a legally enforceable master
netting agreement. When contracts are covered by mas-
Column 19: Local Country Liabilities
ter netting agreements, the net residual amount, if posi-
tive, is reported in the domicile country of the counter-
Report in this column, by country, the liabilities of the
party. No entries on Schedule 2, however, are appropriate
respondent’s foreign offices that represent legal obliga-
for the United States and the country line for the United
tions of the foreign offices and for which no payment is
States is blocked out on the schedule.
guaranteed at locations outside of the country of the
office; for example, deposits with a foreign branch that
For purposes of this report, netting is accomplished
do not carry a cross-border guarantee are assumed to be
according to the procedures and requirements, including
the legal liabilities of the foreign branch only and are to
those covering the use of collateral and the treatment of
be paid at that branch. Local country liabilities may be to
transactions involving jurisdictions in which netting may
residents or non-residents and payable in local or non-
not be enforceable, set forth in the following cites for the
local currencies. Exclude revaluation losses on foreign
risk-based capital rules:
exchange and derivative products, which should be
national banks:
12 CFR Part 3, Appendix A
reported in Schedule 2.
state member banks: 12 CFR Part 208, Appendix A
Example for Column 19:
bank holding
companies:
12 CFR Part 225, Appendix A
(1) The Argentine branch of the respondent has a
insured commercial
$10 million claim. The claim is funded by local
banks:
12 CFR Part 325, Appendix A
dollar-denominated deposits and the respondent bank
The netting criteria for a valid right of setoff contained in
does not explicitly assume the sovereign risk. Entries
FASB Interpretation No. 39, which is also indicated for
would be:
reporting revaluation gains and losses on a net basis in
col 3
col 18
col 19
the Call Report, may be followed in this report if this
results in no material differences from the results
Argentina ...............
—
10
10
obtained from following the risk-based capital rules.
Instructions for Preparation of Reporting Form FFIEC 009
009-14
December 1997
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