This chapter covers disclosures on the amount of encumbered and unencumbered assets.

Version effective as of 01 Jan 2023

First version in the format of the consolidated framework, updated to take account of new implementation date as announced on 27 March 2020.

Introduction

31.1 The disclosure requirement under this section is: Template ENC - Asset encumbrance.

31.2 Template ENC provides information on the encumbered and unencumbered assets of a bank. Jurisdictions may include at their discretion a column that requires banks to report separately all assets currently used in central bank facilities, irrespective of whether those assets are considered to be encumbered or unencumbered as defined in the disclosure requirement.

31.3 The definition of "encumbered assets" in Template ENC is different to that under LCR30 for on-balance sheet assets. Specifically, the definition of "encumbered assets" in Template ENC excludes the aspect of asset monetisation. Under Template ENC, "encumbered assets" are assets that the bank is restricted or prevented from liquidating, selling, transferring or assigning, due to regulatory, contractual or other limitations.

Template ENC: Asset encumbrance