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HC-Q RC-Q - Line 1 - Fair Value Reporting Using NAV (Doc ID 2607043.1)

Last updated on NOVEMBER 08, 2019

Applies to:

Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.8 and later
Information in this document applies to any platform.

Symptoms

As per general instruction, to measure the fair value_of_investments in investment_companies and real estate funds that meet criteria specified in this topic using the investment’s net asset value (NAV) per share (or its equivalent). When an institution has elected to measure the fair value of such an investment using the NAV per share practical expedient and the fair value is measured on a recurring basis, the institution should report the investment’s fair value in

"the holding company should exclude the investment from the Level 1, 2, and 3 disclosures in columns C, D, and E of Schedule HC-Q. Instead, the holding company should report the fair value
measured using the NAV per share practical expedient in column B along with the netting adjustments reported in column B."

handling of reporting exclusion from (col C/D/E) for NAV option is not done.

Cause

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In this Document
Symptoms
Cause
Solution


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