Large Exposure Reporting (LER)

LERX

Name of survey

LER_U, LER_K, LER20_U, LER20_K

Forms

LERxx, LER20xx

Coverage

Data in accordance with the large exposure rules and FINMA Circular 19/1 "Risk diversification – banks"

Type of survey

LER_U, LER20_U: Full sample survey;
LER_K, LER20_K: Partial sample survey

Reporting institutions

Single entity basis:
All banks as defined by the Banking Act (SR 952.0), as well as all account-holding securities firms as defined by the Financial Institutions Act (SR 954.1). Branches of foreign banks and branches of foreign securities firms are exempt.

Consolidated basis:
Financial groups or financial conglomerates, as defined by the Banking Act and the Financial Institutions Act, which are subject to group or conglomerate supervision by FINMA and in this context are required to comply with large exposure reporting regulations on a consolidated basis. Subsidiary financial groups are also required to report data in accordance with art. 11 Capital Adequacy Ordinance (SR 952.03), unless they have been exempted from this obligation by FINMA.