Name |
protection received omc0013 sum of allocated protection values shall not exceed the protection value |
Code |
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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 |
(if 'protection received'.'type of protection value' <> "Notional amount" |
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 |
Short Description |
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