PD-1.3.12
For Paragraph PD-1.3.11, the following notes are provided for interpretative guidance:
(a) Licensees must follow the residual maturity groupings currently followed under IFRS 7, but they must also extend the periods to include 5-10 years, 10-20 years, and 20 years and over (where the licensees have exposures or liabilities of such maturity);
(b) In PD-1.3.11(e), licensees must provide an ageing of past due credit facilities on the following basis:
(i) Ageing schedule (over 3 months, over 1 year and over 3 years) of past due credit facilities and other assets; and
(ii) Breakdown by relevant counterparty type and geographic area;
(c) For specific, collective and other impairment provisions, the portion of collective impairment provisions not allocated to specific geographical areas should be shown separately; and
(d) The reconciliation of changes in provisions should show specific and collective impairment provisions separately.
January 2014