32. When combining one element from the sub-dimension ‘geographical area’ with an element or …

When combining one element from the sub-dimension ‘geographical area’ with an element or subelement of the dimension ‘type of collateral’, the subdimension ‘geographical area’ should be understood as follows:

• a) when the exposure is secured by residential or commercial immovable property, the subdimension refers to the specific location of the property (region, subregion or city) within the Member State or to all exposures secured in that Member State;
• b) when the exposure is secured by other than immovable property, the subdimension refers, in the case of natural persons, to the place of residence of the debtor or counterparty (region, sub-region or city) within the Member State or to all exposures secured by other than immovable property in that Member State and, in the case of legal persons, the specific place of the registered office of the legal person (region, subregion or city) within the Member State;
• c) when the exposure is unsecured, the subdimension refers, in the case of natural persons, to the specific place of residence of the debtor or counterparty (region, subregion or city) within the Member State or to all unsecured exposures in that Member State and, in the case of legal persons, the specific place of the registered office of the legal person (region, subregion or city) within the Member State.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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