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Exclude Loans Fully Secured By Cash Collateral - RC-O (Doc ID 2715409.1)

Last updated on OCTOBER 05, 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.

Symptoms

As Per Regulations: for various line items in RC-O (example: memo line 9) exclude loans fully secured by cash collateral (provided the loans meet the requirements regarding loans fully secured by cash collateral that are detailed in Appendix C to Subpart A to Part 327 of the FDIC’s regulations).
In 80950 HM sheet, there is a filter on HIR - RR Fully Cash Collateralized Mit Flag (HREG0559). Lineage uses a BP BPRG1403: BP - RR Fully Cash Collateralized Mit Flag which has the logic
CASE WHEN SUM(CASE WHEN COALESCE(DIM_STD_MITIGANT_TYPE.V_STD_MITIGANT_TYPE_CODE, 'MSG') IN ('CSH') THEN 0 ELSE 1 END) = 0 THEN 'Y' ELSE 'N' END
Clarification required how is the system making sure that the loan in fully collateralized (100%) by cash collateral here.

Cause

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In this Document
Symptoms
Cause
Solution
References


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