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USSAR[8123]: Validation Error When New Financial Institution Record Is Added (Doc ID 2948589.1)

Last updated on MAY 16, 2023

Applies to:

Oracle Financial Services Regulatory Reporting - Version 8.1.1 and later
Information in this document applies to any platform.


In CRR 8123, Validation error while a new financial institution record is added.

1. "If No Branch Involved, check this box"  field is selected by default. The client wants this not to be checked by default.

2. "You must either select a branch for this SAR or indicated No Branch Involved for the financial Institution" message is popped up when the user adds a new financial institution for the first time.


1. Navigate to the Financial Institution Where Activity Occurred tab.
2. Add a Financial Institution record.
3. Click on 'Validate' to see the below error message even though If No Branch is Involved, check this box," check mark is enabled.
"You must either select a branch for this SAR or indicate No Branch Involved for financial institution"

Note: do not select the financial initiation before clicking on validate.(the record should be unchecked)


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