CN1004 - This validation check ensures that if the debtor is reported in default, then the default…

Definition

IF [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”} for all debtors THEN [Financial.Default status of the instrument] = “Non-applicable” OR [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”}

Kurzbeschreibung

This validation check ensures that if the debtor is reported in default, then the default status of the instrument is also reported as defaulted, unless it is reported as “Non-applicable”. Note that this validation check ensures that if both attributes [Default status of the counterparty] and [Default status of the instrument] are properly reported (i.e. “Non-applicable” does not count as reported), the reported values are consistent with each other.

Referenzprüfung

Auslösender Datensatz

Counterparty risk and default record

Referenzierter Datensatz

Instrument information record

Versionen

• Ältere Version (1.17)
• Keine Änderungen zur Vorgängerversion.

Quelldokument

• Validation checks for credit data collection v1.18 (published 30 October 2025), valid from reporting periods 1 January 2026 - (v1.18)

Betrifft folgende Attribute

• Default status of the instrument (DFLT_STTS)

Gehört zu Datensätzen

• Counterparty Risk And Default
• Instrument Information