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Data flow Mapping Missing for N_CLAIM_AMT_RCY & N_CLAIM_AMT_LCY (Doc ID 2709834.1)

Last updated on SEPTEMBER 17, 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.

Goal

FFIEC 009 Sch C Part I and Part II: Confirmation on sourcing of claim/mitigant information?

Instrument as per the Regulatory Reporting:
Schedule C Part I for the FFIEC 009 report collects information on the claims on an immediate-counterparty basis, i.e., on the basis of the country of residence of the borrower, and also includes the redistribution of immediate-counterparty claims to an ultimate-risk basis, i.e., on the basis of the country of residence of the guarantor or collateral provided. Schedule C Part II collects information on the claims on an ""ultimate-risk"" basis. The counterparty of a claim on an ultimate-risk basis is any person, business, institution, or instrument that provides any of the types of credit protection. It also includes any residual risk that remains with the immediate counterparty after risk transfer. If there is no risk transfer, then the counterparty of a claim on an ultimate-risk basis is the immediate claim counterparty.

Need the claim amount as well as the amount of the mitigant (including Notional Amount of Credit Protection purchased) to determine the balances to be reported on an ultimate-risk basis.

From OFSAA prospective, balance fields are coming from 'FCT_REG_ACCOUNT_SUMMARY.N_CLAIM_AMT_RCY' or 'FCT_REG_ACCOUNT_SUMMARY.N_CLAIM_AMT_LCY'. However, these fields do not go back till the stage PP tables.
Client want to know"how balances for immediate claims are reported?". Also, How is OFSAA sourcing Notional Amount of Credit Protection purchased?

 


 

Solution

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In this Document
Goal
Solution
References


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