EBU Single Rulebook Q&A 28 October 2019 2019_4969 Treatment of fiduciary assets for the purpose of asset encumbrance reporting

Do fiduciary assets have to be included in asset encumbrance reporting? The treatment of fiduciary assets by institutions under the asset encumbrance reporting framework varies: Institutions, which prepare balance sheets in accordance with IFRS (or in accordance with national generally accepted accounting principles (nGAAP) that do not provide for the recognition on the institution's balance