Data Dictionary
Item Number 5773
PARTICIPATIONS IN ACCEPTANCES ACQUIRED FROM RELATED DEPOSITORY INSTITUTIONS BY THE REPORTING (NONACCEPTING) BRANCH OR AGENCYCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFD5773 | 1991-06-30 | 2001-03-31 | Yes | FFIEC 002 |
Data Description:
Includes the amount of all participations acquired from related depository institutions by the reporting (nonaccepting) branch or agency in the acceptances of other (accepting) banking institutions that are outstanding regardless of the nature of the participation agreement and regardless of the system of debits and credits used to reflect the agreement on the reporting (nonaccepting) branch or agency's books. Thus, participations in acceptances acquired by the reporting (nonaccepting) branch or agency are to include both those that provide for participation in the risk of loss in the event of default by the account party at the time of maturity and those that provide for participation in putting the holder of the acceptance in funds at the maturity of the acceptance.
The reporting (nonaccepting) branch or agency acquiring such participations should not report the current amount of these participations in "Branch or Agency Liability on Acceptances Executed and Outstanding (2920)" or in "Customers' Liability to This Branch or Agency on Acceptances Outstanding (2155)" (on Schedule RAL), regardless of the nature of such participations and regardless of the system of debits and credits used to reflect the agreement on the reporting (nonaccepting) branch or agency's books.
NOTE:
Reported in Schedule M for the FFIEC 002 report. Also reported confidential.