5.3.1.4 Off-Balance Sheet Items

Table 4-7 Off-Balance Sheet Items

Assumption Name	Assumption Description	Regulatory Requirement Addressed	Regulatory Reference :MAS Notice 652
MAS-RSF-Credit and liquidity facilities to client	Off balance sheet exposures- Irrevocable, revocable and conditionally revocable credit and liquidity facilities offered to any clients by the bank	The RSF factor applicable to irrevocable, revocable and conditionally revocable credit and liquidity facilities offered to any clients by the bank, is pre-defined as part of this assumption. The assumption applies a 5% RSF factor to the undrawn amount of irrevocable and conditionally revocable credit and liquidity facilities and RSF factor of 2% in case of revocable credit and liquidity facilities.	Paragraph 43
MAS-RSF-Guarantees and letters of credit	Off balance sheet exposures- Guarantees and letters of credit	The RSF factor applicable to the Guarantees and Letters of credit offered by the bank, is pre-defined as part of this assumption. The assumption applies a 0% RSF factor to the EOP carrying value.	Paragraph 43
MAS-RSF-Non contractual obligations type	Non contractual obligations type such as potential requests for debt repurchases, managed funds etc	The RSF factor applicable to the non-contractual obligations type such as managed funds and debt buy back, is pre-defined as part of this assumption. The assumption applies 0% RSF factor to the aforesaid non-contractual obligations amount.	Paragraph 43
MAS-RSF-Non contractual obligations	MAS: Non contractual obligations type such as potential requests for debt repurchases, managed funds etc	The RSF factor applicable to the non-contractual obligations for structured products such as Variable rate notes (VRDNs), Adjustable rate notes (ARDNs) and so on, offered by the bank, is pre-defined as part of this assumption. The assumption applies a 0% RSF factor to the EOP balance for aforesaid non-contractual obligations.	Paragraph 43