BPCE_REGISTRATION_DOCUMENT_2017
ADDITIONAL INFORMATION Glossary
Acronyms
Expected Loss, i.e. thevalueof thelosslikelyto be incurred given the qualityof the transaction structureandany measures taken to mitigate risk, such ascollateral. It is calculated by multiplying exposure at risk (EAD)by Probabilityof Default(PD) andby LossGiven Default (LGD) Enhanced Disclosure Task Force,an international task force formed at the initiativeof theFinancialStabilityBoard (FSB) in May 2012 to consider ways to enhancebanks’ financial disclosures. The EDTF is madeup of representatives fromtheprivatesector andof users and preparers of financial disclosures. InOctober 2012, it publisheda reportcontaining32 recommendations aimed at enhancing disclosures on risk management, capital adequacy, andexposure to liquidity, funding, market,creditandotherrisks
EL
EDTF
FTE
Full-time equivalent
EURIBOR
Euro Interbank Offered Rate, the b nchmark interestrateon theeurozone’s money market
FBF
Fédération Bancaire Française (FrenchBanking Federation), a professional body representing all banking institutions in France
FCPR FGAS
Fonds commun de placement à risque /V nturecapitalinvestment fund
Fonds de garantie à l’accessionsociale /French state guarantee fund forsubsidized loans Fonds d’Investissement e de Développement des Partenariats Public-Privé
/Fund for investmentanddevelopment of public-private
FIDEPPP FINREP
partnerships
FINancial REPorting Single Resolution Fund
SRF
The FinancialStabilityBoard,whosemandate is to identify vulnerabilities in the globalfinancialsystemandto implement principles for regulation andsupervision in theinterestof financialstability. Itsmembers are central bank governors, finance ministers and supervisors from theG20 countries
FSB
GAPC
Gestion active des portefeuilles cantonnés /Workoutportfolio management
GRI
Global Reporting Initiative
Global systemically important banks are financial institutions whose distress or failure,because of theirsize, complexity and systemic inter-dependence, would cause significantdisruption to thefinancialsystemandeconomic activity. These institutions meet the crit ria established by theBasel Committee andare identified in a list published in November 2011 andupdated every year. Theconstraints applicable toG-SIBs increase with t eirlevel of capital
G-SIBs
HQE
Haute qualité environnementale /High Environmental Quality
HQLA IARD
High-quality liquid assets
Incendie, accidents et risques divers /propertyandcasualty insurance
IAS
InternationalAccounting Standards InternationalAccounting Standards Board
IASB
InternalCapital Adequacy Assessment Process, a practice required nder Pillar II of theBaselAccordsto ensure that firmshave sufficientcapitalto cover all theirisks
ICAAP
DTAs IFRS
Deferredtax assets
InternationalFinancialReportingStandards
IRB
Internal-ratings based, an approach to capital requirements basedon thefinancial institution’s internal rating systems
A-IRB F-IRB
Advanced IRB approach Foundation IRB approach
Incremental Risk Charge: the capital requirement for an issuer’scredit migration andefault risks, covering a periodof oneyearfor fixed income and loan instruments in the trading book (bonds andCDSs).The IRCis a 99.9% value-at-risk measurement; i.e. thegreatest risk obtained after eliminating the 0.1% worst-case scenarios
IRC ISF SRI L&R
Impôt sur la fortune /Wealth tax Socially Responsible Investment
Loansandreceivables
Liquidity Coverage ratio: a measurement introduced to improvetheshort-term resilience of banks’ liquidity risk profiles.The LCR requires banks tomaintain a reserve of risk-free assetsthatcanbe converted easilyintocash onthemarket in order to cover theircash outflows minus cash inflows over a 30-day stressperiodwithoutthesupport of central banks
LCR LBO
Leveraged buyout
AML-CTF
Anti-money laundering and counter-terrorism financing
LGD
LossGivenDefault,a Basel IIcreditrisk indicator corresponding to loss in theeventof default
Maximum Distributable Amount, a new provision forbanks placing restrictions on their dividend, AT1 coupon and bonus payments (under a rule thattightens restrictions as banksdeviate from theirrequirements), if the capital buffers are not met. As these buffersare on top of Pillars I and II, they apply immediately if the bankfails tocomplywiththecombined requirements
MDA SSM
Single Supervisory Mechanism
MREL NGAM
Minimum Requirement forwnfundsandEligible Liabilities
Natixis Global Asset Management
NPE NRE
Non-performing exposure
Loi sur lesnouvelles réglementations économiques /FrenchLawon New Economic Regulations
Net StableFundingRatio: this ratio is intendedtostrengthen the longer-term resilience of banks throughadditional incentivesmeantto encouragebanks tofinancetheiroperationsusing morestructurallystableresources.Thislong-term structural liquidityratio,applicable to a one-yearperiod, was formulated to providea viablestructure for asset and liabilitymaturities
NSFR
OH
Obligations de financement de l’habitat /Housing financing bond
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Registration document 2017
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