NATIXIS_PILLAR_III_2017_EN

APPENDIX Appendix 6: Glossary

Acronym/Term

Definition

Fédération Bancaire Française (French Banking Federation), a professional body representing all banking institutions in France.

FBF

Fonds Commun de Placement à Risque (Private Equity Investment Fund)

FCPR

Federal Reserve System, i.e. the US central bank.

FED

FINancial REPorting

FINREP

Foundation Internal Ratings-Based Approach

F-IRB

Financial Stability Board, whose mandate is to identify vulnerabilities in the global financial system and to implement principles for regulation and supervision in the interest of financial stability. Its members are central bank governors, finance ministers and supervisors from the G20 countries. Its primary objective is to coordinate international efforts by national financial authorities and international standard setters in the regulation and supervision of financial institutions. Conceived at the G20 summit in London in April 2009, the FSB functions as the successor to the Financial Stability Forum, which was founded in 1999 under a G7 initiative.

FSB

Full-time equivalent

FTE

Fixed-term employment contract

FTEC

Indicates full compliance with Basel III solvency requirements (mandatory from 2019)

Fully-Loaded

Calculated using a discounted cash-flow model, contract by contract, including parameters such as swaps curve, and revaluation spread (based on the BPCE reoffer curve).

FV Adjustment on own senior debt

Foreign exchange

FX

Generally accepted accounting principles

GAAP GAPC

Gestion active des portefeuilles cantonnés /Workout portfolio management

Pound sterling (British pound)

GBP GDP GEC

Gross Domestic Product

Global Energy & Commodities General Shareholders' Meeting

GM

Bonds issued by an approved entity (business, local authority or international organization) to finance an eco-friendly and/or sustainability-driven project or activity. These instruments are often used in connection with the financing of sustainable agriculture, the protection of ecosystems, renewable energy and organic farming. Global Reporting Initiative - An organization consisting of stakeholders and partners (businesses, audit firms, human rights, environmental protection, labor organizations, and government representatives) which has created a joint framework for the development of sustainability reporting.

Green bonds

GRI

Exposure before the impact of provisions, adjustments and risk reduction techniques.

Gross exposure

Global systemically important banks Global systemically important institutions

G-SIBs G-SIIs GWWR Haircut

General Wrong Way Risk

The percentage by which a security's market value is reduced to reflect its value under a stressed environment (counterparty risk or market stress). The size of the haircut reflects the perceived risk. A hedge fund is a speculative investment fund that seeks to generate absolute return through a high degree of management flexibility.

Hedge fund

The Company that heads a corporate group.

Holding company

Haute qualité environnementale /High Environmental Quality

HQE

High-quality liquid assets

HQLA

Human Resources

HR HY

High Yield

Incendie, Accidents et Risques Divers (property and casualty insurance).

IARD

International Accounting Standards International Accounting Standards Board

IAS

IASB IBOR

lnterbank Offered Rate

Internal Capital Adequacy Assessment Process, a practice required under Pillar II of the Basel Accords to ensure that firms have sufficient capital to cover all their risks

ICAAP

Infrastructure Development Finance Company

IDFC IFACI

14

Institut Français de l'Audit et du Contrôle Internes (French Institute of Internal Auditing and Control).

171

NATIXIS Risk report Pillar III 2017