CN0716 - This validation check ensures that the attributes [Cumulative recoveries since default]…

Definition

IF ([Financial.Default status of the instrument] IN {'Default because unlikely to pay', 'Default because more than 90/180 days past due', 'Default because both unlikely to pay and more than 90/180 days past due'} OR [Counterparty default.Default status of the counterparty] IN {'Default because unlikely to pay', 'Default because more than 90/180 days past due', 'Default because both unlikely to pay and more than 90/180 days past due'}) AND [Financial.Default status of the instrument] <> 'Not in default' THEN [Accounting.Cumulative recoveries since default] <> ‘Non-applicable’"

Kurzbeschreibung

This validation check ensures that the attributes [Cumulative recoveries since default] and [Default status of the instrument] or [Counterparty default. Default status of the counterparty] are reported in a consistent manner. This means that an amount is reported in [Cumulative recoveries since default] if the instrument (or the counterparty, if the definition of default is only applied at the level of a counterparty) has been in default prior to or on the reporting reference date.

Referenzprüfung

Auslösender Datensatz

Instrument information record CounterpartyRiskAndDefaultRecord

Referenzierter Datensatz

Accounting record

Versionen

• Neuere Version (1.17)

Quelldokument

• Validation checks for credit data collection v1.16 (published 26 March 2023), valid from reporting periods 1 June 2024 - 28 February 2025 (v1.16, nicht die neueste Fassung)

Betrifft folgende Attribute

• Cumulative recoveries since default (CMLTV_RCVRS_SNC_DFLT)
• Default status of the instrument (DFLT_STTS)

Gehört zu Datensätzen

• Accounting
• Counterparty Risk And Default
• Instrument Information