Reporting Leverage Ratio Transitional

Application provision

1.1 Unless otherwise stated, this Part applies to:

  1. (1) every firm that is a UK bank or a building society that, on the firm’s last accounting reference date, had retail deposits equal to or greater than £50 billion either on:
    1. (a) an individual basis;
    2. (b) if the firm is a parent institution in a Member State, on the basis of its consolidated situation; or
    3. (c) if the firm is controlled by a parent financial holding company in a Member State or by a parent mixed financial holding company in a Member State and  the PRA is responsible for supervision of that holding company on a consolidated basis under Article 111 of the CRD, on the basis of the consolidated situation of that holding company; and
  2. (2) a ring-fenced body that is a member of a group containing a firm falling within 1.1(1).

Alert

This page is subject to change, via an instrument that has not yet come into force but which has been approved by the PRA.

Warning - the following instruments have not been consolidated

4.1

01/01/2016

For 12 months from the date that this Part comes into force a firm must, instead of completing the data item referred to in 3.1, complete the data item FSA084 using the template for the data item set out here.

4.2

01/01/2016

When completing the data item in 4.1, the average leverage ratio for a quarter must be calculated by a firm as its capital measure divided by its exposure measure where the: 

  1. (1) capital measure is the arithmetic mean of the firm’s tier 1 capital on the last day of each month in the quarter ending on the relevant quarterly reference date; and
  2. (2) exposure measure is the arithmetic mean of the firm’s total exposure measure on the last day of each month in the quarter ending on the relevant quarterly reference date.