BPCE - 2019 Universal Registration Document

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ADDITIONAL INFORMATION

GLOSSARY

Glossary 8.5

Acronyms ABS

See securitization

ACPR Autorité de contrôle prudentiel et de résolution, the French prudential supervisory authority for the banking and Insurance sector (formerly the CECEI, or comité des établissements de crédit et des entreprises d’investissement/ Credit Institutions and Investment Firms Committee). ADEME Agence de l’environnement et de la maîtrise de l’énergie /Agency for the environment and control of energy consumption ADIE Association pour le droit à l’initiative économique /Association for the right to economic initiative AFEP-MEDEF Association française des entreprises privées – Mouvement des entreprises de France /French Association of Private Sector Companies – French Business Confederation AFS Available For Sale AGIRC Association générale des institutions de retraite des cadres /General Association for Managers’ Pension Institutions

ALM Asset and Liability Management ALM Asset and Liability Management AMF

Autorité des marchés financiers /French financial markets authority

AML-CTF Anti-Money Laundering and Counter-Terrorism Financing AQR

Asset Quality Review, which involves the supervisory assessment of risks, the actual review of the quality of assets and stress tests. Association pour le régime de retraite complémentaire des salariés /Association for the Employee Complementary Pension Scheme

ARRCO

AT1

Additional Tier 1

BCBS Basel Committee on Banking Supervision, an organization comprised of the central bank governors of the G20 countries, tasked with strengthening the global financial system and improving the efficacy of prudential supervision and cooperation among bank regulators. BCP Business Continuity Plan BRRD Bank Recovery and Resolution directive CCF Credit Conversion Factor CDD Fixed-term employment contract CDI Permanent employment contract CDO See securitization CDPC Credit Derivatives Products Company, i.e. a business specializing in providing protection against credit default through credit derivatives. CDS Credit Default Swap, a credit derivative contract under which the party wishing to buy protection against a credit event ( e.g. counterparty default) makes regular payments to a third party and receives a pre-determined payment from this third party should the credit event occur. CEGC Compagnie Européenne de Garanties et de Cautions CET1 Common Equity Tier 1 CGU Cash generating unit CHSCT Comité d’hygiène, de sécurité et des conditions de travail /Committee for Hygiene, Safety and Working Conditions CIC Cooperative investment certificates CLO See securitization CMBS See securitization CNCE Caisse Nationale des Caisses d’Epargne CNIL Commission nationale de l’informatique et des libertés (an independent administrative authority protecting privacy and personal data) CPM Credit Portfolio Management CRD Capital Requirements Directive CRR Capital Requirements Regulation CSR Corporate Social Responsibility CVA Credit Valuation Adjustment, i.e . the expected loss related to the risk of default by a counterparty. The CVA aims to take into account the fact that the full market value of the transactions may not be recovered. The method for determining the CVA is primarily based on the use of market inputs in connection with the practices of market professionals. CVaR Credit Value at Risk, i.e. the worst loss expected to be suffered after eliminating the 1% worst-case scenarios, used to determine individual counterparty limits. DTA Deferred tax assets DVA Debit Valuation Adjustment, symmetrical to the CVA. Represents the expected loss, from the counterparty’s perspective, on valuations of derivative liabilities. It reflects the impact of the entity’s own credit quality on the valuation of these instruments. EAD Exposure at Default, i.e. the amount owed by the customer at the effective default date. It is the sum of the remaining principal, past due payments, accrued interest not yet due, fees and penalties. EBA The European Banking Authority, established by EU regulation on November 24, 2010. It came into being on January 1, 2011 in London, superseding the Committee of European Banking Supervisors (CEBS). This new body has an expanded mandate. It is in charge of harmonizing prudential standards, ensuring coordination among the various national supervisory authorities and performing the role of mediator. The goal is to establish a Europe-wide supervision mechanism without compromising the ability of the national authorities to conduct the day-to-day supervision of credit institutions.

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

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