omc0138 - impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

Card of business rule impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

Name

impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

Code

omc0138

Comment

This validation check ensures that the value reported in the 'performing status of the instrument' attribute is consistent with the value reported in the 'type of impairment' attribute. Specifically, if the value "performing" is reported under 'performing status of the instrument', the value reported under the 'type of impairment' attribute must be in one of the categories that is not credit impaired (unless a purchased or originated credit-impaired (POCI) asset is classified as "performing" as a result of an improvement in the creditworthiness of the counterparty).

ECB validation identifier: CN1002

Rule Type

Definition


Server expression of the business rule impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

IF 'accounting data'.'performing status of the instrument' = "performing" AND
'recognised instrument'.'impairment assessment method' IN {"individually assessed", "collectively assessed"}
THEN 'impaired instrument'.'type of impairment' IN {"General allowances (nGAAP)", "Stage 1 (IFRS)", "Stage 2 (IFRS)", "POCI"}


List of DNB-specific attributes of the business rule impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

Name

Value

business rule classification

other model constraint

business rule scope

Checked within the data delivery

business rule status

active business rule

number of dependencies

1

severity

signalling


List of attached objects of the business rule impaired instrument omc0138 type of impairment is not credit impaired for performing instruments

Short Description

Entity Attribute 'impaired instrument.type of impairment'