Incorrect Assignment of Incremental Charge for UFCE
(Doc ID 2575675.1)
Last updated on AUGUST 22, 2019
Applies to:Oracle Financial Services Basel Regulatory Capital Internal Ratings Based Approach - Version 8.0.0 and later
Information in this document applies to any platform.
The rule "IND - Surcharge Calculation for Unhedged Foreign Currency Exposure" assigned a charge of 0.25 for UFCE However as per RBI guidelines incremental charge of 25% should be applied to only those where likely loss/ebid is greater than 75%. Please note that the mentioned rule don't handle the condition for likely loss or ebit >75%
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