## omc0074 - 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. ECB Validation identifier: CN0620 DNB will check this against foreign counterparties 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' with 'type of securitisation' set to "traditional securitisation".
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 counterparty'.'reporting agent identifier' and 'counterparty'.'counterparty identifier' = 'foreign counterparty'.'counterparty identifier' and 'counterparty'.'reporting reference date' = 'foreign counterparty'.'reporting reference date' and 'foreign counterparty'.'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-securitized instrument data'.'reporting agent identifier' and 'creditor-instrument data'.'observed agent identifier' = 'originator-securitized instrument data'.'observed agent identifier' and 'creditor-instrument data'.'counterparty identifier' = 'originator-securitized instrument data'.'counterparty identifier' and 'creditor-instrument data'.'contract identifier' = 'originator-securitized instrument data'.'contract identifier' and 'creditor-instrument data'.'instrument identifier' = 'originator-securitized instrument data'.'instrument identifier' and 'creditor-instrument data'.'reporting reference date' = 'originator-securitized instrument data'.'reporting reference date')))

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

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 creditor-instrument data omc0074 foreign FVC creditor has always originator

Short Description
Entity 'creditor-instrument data'

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