Question
Q&A 682 suggests to follow a ‘quality’ criterion to split the liabilities amount in case of multiple different types of encumbered assets. In our opinion, the meaning of ‘quality' is not clear, because multiple drivers can be used.
Background on the question
The order of the columns of template F 13.01 could be a possible hierarchy criterion to follow, but it is not completely comparable with the columns of template F 36.01. For example: In order to sort the assets in the ‘equity and debt securities’ category, we can follow different drivers: credit quality step (prudential approach) or first ‘debt securities’ and then ‘equity instruments’ (other specific approach based on the nature of counterparty)?
Answer
This question has been rejected because the matter it refers to has been answered inQ&A 682.