Consolidated list of issues on the maturity/repricing reporting
(Doc ID 2734162.1)
Last updated on DECEMBER 09, 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.
REG REP USFED 220.127.116.11.0
Consolidated list of issues on the maturity/repricing reporting:
#1 RC-C Memorandum Line items - Usage of %Encumbered in BPFD1678(DEFD1608) resulting in Zero balances
Impacted MDRM - RCFDA572
Affected MDRMs: RCFDA570, A571, A572, A573, A574, A575
Business processor used in this Cell group : 13 Balance *(1-% encumbrance) and there is no encumbrance reason logic for this cell group.
For pledged instruments the business processor logic should not set the balance as 0.
#2 Floating rate records with float to fixed Y from cards should get reported in RCFDA572(1 to 3 years bucket).
But these are getting reported in RCFDA570, A571, A573, A574, A575 as the logic for Reg product group code NOT CARDS is missing. Non CONLOANCREDCARD are flowing into 0-3 months bucket
Affected MDRMs: RCFDA570, A571, A573, A574, A575
Float to fixed = "Y" for Cards and Other Revolving credit plans should only flow in A572 and get excluded from RCFDA570, A571, A573, A574, A575
#3 RCFDA247 Missing Exclusion logic for fixed rates Other Revolving credit plans (similar to credit cards) missing from this MDRM
The fixed rate loans and leases that should be included in this item will also have been reported by remaining maturity in Schedule RC-C, part I, Memorandum items 2.a.(1), 2.a.(2), 2.b.(1), and 2.b.(2), above. The floating rate loans that should be included in this item will have been reported by next repricing date in Memorandum items 2.a.(1), 2.a.(2), 2.b.(1), and 2.b.(2), above. However, these four Memorandum items may include floating rate loans with a remaining maturity of more than one year, but on which the interest rate can next change in one year or less; those loans should not be included in this Memorandum item 2.c.
#4 BHCK3197 Missing Exclusion logic for fixed rates Other Revolving credit plans (similar to credit cards) missing from this MDRM
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