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PRU 2.2.26 Guidance for form PIB 14 — Exposures in Arrears

1. Authorised Firms in category 1 and 5 are required to complete this form in respect of its exposures in arrears. All entries are to be converted from the relevant currency to US dollars at the closing spot mid price on the reporting date.
2. The Amount should be the total of the exposures corresponding to the time in arrears from the day on which the payment for the exposure was due as per the contractually agreed terms. The Amount should be gross of any provisions for impairment.
3. The number of exposures should be the total number of exposures corresponding to relevant amount.
4. The provision applied should be the specific provision applied to the relevant amount.