first_arrears_date

The first date on which the asset was in arrears (customer failed to make a payment on time and in full).

Relevant for determing past due as per the following instructions:

Delegated Regulation (EU) 2015/61 (DR with regard to liquidity coverage requirement) does not provide for any grace periods meaning that all payments that are delayed, even if just for only one single day and even if only for technical reasons, have to be considered as being past due for the purposes of the LCR calculation of liquidity inflows.

Assets qualify as past due when counterparties have failed to make a payment when contractually due according to Annex V. Part 2, paragraph 48 of the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutions. The whole amounts of such assets shall be reported and broken down according to the number of days of the oldest past due instalment.