Business rule creditor-instrument data omc0074 foreign FVC creditor has always originator

Card of business rule creditor-instrument data omc0074 foreign FVC creditor has always originator

Name

creditor-instrument data omc0074 foreign FVC creditor has always originator

Code

omc0074

Comment

This validation check ensures that an originating counterparty is reported accordingly for all instruments where the creditor is reported as a financial vehicle corporation (FVC). The check is performed by comparing the 'counterparty identifier', 'institutional sector' and 'counterparty role' attributes.

DNB will check this against foreign legal entity that are creditor.
In terms of the DNB logical data model, it also means that all instruments for these creditors should be occurrences of the entity type 'securitised instrument'.

Rule Type

Constraint


Server expression of the business rule creditor-instrument data omc0074 foreign FVC creditor has always originator

if ('creditor-instrument data'.'reporting agent identifier' = 'creditor'.'reporting agent identifier' and
'creditor-instrument data'.'counterparty identifier' = 'creditor'.'counterparty identifier' and
'creditor-instrument data'.'counterparty role' = 'creditor'.'counterparty role' and
'creditor-instrument data'.'reporting reference date' = 'creditor'.'reporting reference date' and
'creditor.'reporting agent identifier' = 'counterparty role'.'reporting agent identifier' and
'creditor'.'counterparty identifier' = 'counterparty role'.'counterparty identifier' and
'creditor'.'counterparty role' = 'counterparty role'.'counterparty role' and
'creditor'.'reporting reference date' = 'counterparty role'.'reporting reference date' and
'counterparty role'.'reporting agent identifier' = 'counterparty'.'reporting agent identifier' and
'counterparty role'.'counterparty identifier' = 'counterparty'.'counterparty identifier' and
'counterparty role'.'reporting reference date' = 'counterparty'.'reporting reference date' and
'counterparty'.'reporting agent identifier' = 'foreign legal entity'.'reporting agent identifier' and
'counterparty'.'counterparty identifier' = 'foreign legal entity'.'counterparty identifier' and
'counterparty'.'reporting reference date' = 'foreign legal entity'.'reporting reference date' and
'foreign legal entity'.'institutional sector' = "Financial vehicle corporations (FVCs) engaged in securitisation transactions")
then (for each creditor-instrument in 'creditor-instrument data'
there exists ('creditor-instrument data'.'reporting agent identifier' = 'originator-instrument subject to securitisation data'.'reporting agent identifier and
         'creditor-instrument data'.'observed agent identifier' = 'originator-instrument subject to securitisation data'.'observed agent identifier' and
         'creditor-instrument data'.'contract identifier' = 'originator-instrument subject to securitisation data'.'contract identifier' and
         'creditor-instrument data'.'instrument identifier' = 'originator-instrument subject to securitisation data'.'instrument identifier' and
         'creditor-instrument data'.'reporting reference date' = 'originator-instrument subject to securitisation data'.'reporting reference date'))


List of extended attributes of the business rule creditor-instrument data omc0074 foreign FVC creditor has always originator

Name

Data Type

Value

Target Name

business rule classification

(String)

other model constraint

Local Extensions

business rule scope

(String)

Checked within the data delivery

Local Extensions

severity

(String)

signalling

Local Extensions


List of attached objects of the business rule creditor-instrument data omc0074 foreign FVC creditor has always originator

Short Description

Entity 'creditor-instrument data'