Enumeration | Definition |
---|---|
=3m | Previous arrears bands by month in arrears =3m. Where 3m is referenced, this should be taken to mean 90 days to be consistent with the IFRS9 stage 3 definition of impairments. |
>0m&<=1m | Previous arrears bands by month in arrears >0m&<=1m. Where 1m is referenced, this should be taken to mean 30 days to be consistent with the IFRS9 stage 1 definition of impairments. |
>12m | Previous arrears bands by month in arrears >12m. |
>1m&<=2m | Previous arrears bands by month in arrears >1m&<=2m. Where 1m is referenced, this should be taken to mean 30 days to be consistent with the IFRS9 stage 1 definition of impairments. |
>2m&<3m | Previous arrears bands by month in arrears >2m&<=3m. Where 3m is referenced, this should be taken to mean 90 days to be consistent with the IFRS9 stage 3 definition of impairments. |
>3m&<=4m | Previous arrears bands by month in arrears >3m&<=4m. Where 3m is referenced, this should be taken to mean 90 days to be consistent with the IFRS9 stage 3 definition of impairments. |
>4m&<=5m | Previous arrears bands by month in arrears >4m&<=5m. |
>5m&<=6m | Previous arrears bands by month in arrears >5m&<=6m. |
>6m&<=9m | Previous arrears bands by month in arrears >6m&<=9m. |
>9m&<=12m | Previous arrears bands by month in arrears >9m&<=12m. |
In possession | Indicates when the security underlying the amount owing in arrears has been taken into possession of the lender. |
Not open | Only relevant for previous arrears band by MIA to indicate new business. |
Unknown | If unknown, clarify why the arrears band is not known. |
Up to date | Previous arrears bands by month in arrears up to date. |