Business rule protection received omc0013 sum of allocated protection values shall not exceed the protection value

Card of business rule protection received omc0013 sum of allocated protection values shall not exceed the protection value

Name

protection received omc0013 sum of allocated protection values shall not exceed the protection value

Code

omc0013

Comment

This validation check ensures that the values reported for the 'protection value' attribute is consistent with the 'protection allocated value' attribute. This means that in accordance with p. 175 of Part II of the AnaCredit Manual (which states that the protection allocated value is the maximum amount of the protection value that can be considered as credit protection for the instrument) for any combination of instrument and protection, the protection allocated value cannot exceed the actual total value of the protection item. This however excludes cases where the type of protection value is a notional amount – which might have a higher market value (e.g. 2 year government bonds with negative yield) as set out in Part III of the AnaCredit Manual, Table 8.

Rule Type

Constraint


Server expression of the business rule protection received omc0013 sum of allocated protection values shall not exceed the protection value

(if ('protection receive'.'type of protection value' <> "Notional amount")
then (('protection received'.'protection value' >= sum of 'instrument-protection received data'.'protection allocated value' )
(where ( 'protection received'.'reporting agent identifier' = 'instrument-protection received data'.'reporting agent identifier'
and 'protection received'.'protection identifier' = 'instrument-protection received data'.'protection identifier'
and 'protection received'.'reporting reference date' = 'instrument-protection received data'.'reporting reference date'))
and ( 'instrument-protection received data'.'protection allocated value' <> "Unknown"
and 'protection received'.'protection value' <> "Unknown")))


List of DNB-specific attributes of the business rule protection received omc0013 sum of allocated protection values shall not exceed the protection value

Name

Value

business rule classification

other model constraint

business rule scope

Checked within the data delivery

severity

signalling


List of attached objects of the business rule protection received omc0013 sum of allocated protection values shall not exceed the protection value

Short Description

Entity Attribute 'protection received.protection value'