Incorrect logic for considering Non Accrual accounts Over Last 6 Months (FRY9C, FFIEC031/041 Schedule HC-N,RC-N Memo Line 7)
(Doc ID 2689131.1)
Last updated on JULY 15, 2020
Applies to:Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.9 and later
Information in this document applies to any platform.
Report- FRY9C, FFIEC031/041
Schedule- HC-N, RC-N
Line item 7 Memorandum
Line description - Additions to non accrual assets during the previous six months
Issue- DEFD1690 used for the identification of non accrual assets during the previous six months, the logic doesn't check for the no naccrual date itself is within the six month window.
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