Definitions
Article 1
For the purposes of this Regulation: 1. ‘pension fund (PF)’ (subsector S.129 of the ESA 2010) means a financial corporation or quasi-corporation that is principally engaged in financial intermediation as the consequence of the pooling of social risks and needs of the insured persons (social insurance). A pension fund as a social insurance scheme provides income in retirement and may provide benefits for death and disability. The following are not included within the definition: (a) investment funds (IFs) as defined in Article 1 of Regulation (EU) No 1073/2013 of the European Central Bank (ECB/2013/38) ( 5 ) ; (b) financial vehicle corporations engaged in securitisation transactions as defined in Article 1 of Regulation (EU) No 1075/2013 of the European Central Bank (ECB/2013/40) ( 6 ) ; (c) monetary financial institutions (MFIs) as defined in Article 1 of Regulation (EU) No 1071/2013 of the European Central Bank (ECB/2013/33) ( 7 ) ; (d) insurance corporations (ICs) as defined in Article 1 of Regulation (EU) No 1374/2014 of the European Central Bank (ECB/2014/50) ( 8 ) ; (e) non-autonomous pension funds, which are not institutional units and remain part of the institutional unit that set them up; (f) social security funds as defined in paragraph 2.117 of the ESA 2010; 2. ‘reporting agents’ has the same meaning as defined in Article 1 of Regulation (EC) No 2533/98; 3. ‘resident’ has the same meaning as defined in Article 1 of Regulation (EC) No 2533/98. For the purposes of this Regulation, if a legal entity lacks a physical dimension its residence shall be determined by the economic territory under whose laws the entity is incorporated. If the entity is not incorporated, residence shall be determined by its legal domicile, namely the country whose legal system governs the creation and continued existence of the entity; 4. ‘relevant NCB’ means the NCB of the euro area Member State in which the PF and/or the pension manager is resident; 5. ‘relevant NCA’ means the NCA of the euro area Member State in which the PF and/or the pension manager is resident; 6. ‘pension manager’ has the same meaning as defined in paragraph 5.185 of the ESA 2010; 7. ‘security-by-security data’ means data broken down into individual securities; 8. ‘item-by-item data’ means data broken down into individual assets or liabilities; 9. ‘aggregated data’ means data that has not been broken down into individual assets or liabilities; 10. ‘financial transaction’ means a transaction arising out of the creation, liquidation or change in ownership of financial assets or liabilities, as further described in Part 5 of Annex II; 11. ‘revaluation adjustments’ means changes to the valuation of assets and liabilities that arise from changes in the price of assets and liabilities and/or the effect of exchange rates on the values, expressed in euro, of assets and liabilities denominated in a foreign currency, as further described in Part 5 of Annex II.