Y9C : 8084 Reg Instrument Type Classification Observations
(Doc ID 2646300.1)
Last updated on MARCH 12, 2020
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.
1> Reg Instrument Type Code – RPTS
Earlier in 8074, we were using FCT_REG_ACCOUNT_SUMMARY.N_SECURITIZED_PROD_SKEY - securitization product (dim_securitized_products) RPTS to reclassify to reg instrument class code - RPTS using rule RLUS_FRAS_REG_INSTR_CLASS_02 (the corresponding instrument type with securitized product RPTS is IRSPOTMBS).
Now, in 8084 - Reg Instrument class code RPTS is not present. What we see is just MBS classified using Rule - RLUS_FRAS_REG_INSTR_CLASS_03.
Can you please add this instrument type IRSPOTMBS to this rule (RLUS_FRAS_REG_INSTR_CLASS_03) so that the balances will be appropriately reported and amex will not any souring impact.
2> Reg Instrument Type Code – MUTFU
Earlier in 8074, We were using instrument type EQSPOTCIU to reclassify to Reg Instrument Type Code – MUTFU using the rule RLUS_FRAS_REG_INSTR_CLASS_08
Now, in 8084 In the Reg instrument Type MUTFU, we no longer see EQSPOTCIU in RLUS_FRAS_REG_INSTR_CLASS_04.
Can you please add this instrument type EQSPOTCIU to the rule RLUS_FRAS_REG_INSTR_CLASS_04 so that Amex will not have any souring impact.
3> There are 2 rules to reclassify reg instrument type - USGSASEC and USGASEC. Based on Issuer Type : Reg US Reg Acc Summ Reg Instr Class 17 - US Agency Issue
Based on Guarantor Type : Reg US Reg Acc Summ Reg Instr Class 18 - US Agency Guar
--> In both the rules both issuer country region AND guarantor country region has to be 'US'
( a_dim_issuer_dom_country.v_country_region_cd = 'US' )
( a_dim_guar_dom_country.v_country_region_cd = 'US' )
In Issuer Type rule, we should be checking only issuer country region and in gurantor type only guarantor country region.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document