EBU Single Rulebook Q&A 19 May 2020 2020_5263 Treatment of derivatives not recognized on-balance under national GAAP

In case derivatives are not recognised on the balance sheet according to national GAAP based on BAD, how should they be treated for the purpose of FINREP and asset encumbrance reporting? The reporting instructions of derivatives, which are not recognized on-balance according to national GAAPs differ between FINREP and AE instructions. Concerning FINREP reporting, Annex V, Part 1.25 and 1.