FpML Issues Tracker

1201: Party and Party Group model

June 18, 2014

closed

Feature

Always

Schema

Admin

mgratacos

Summary

I've just noticed in a diff of 5-6 and 5-7-4 that the Party complex type has changed to allow joint and several party references instead of party content.

1. Where is the documentation on the change, and the proposal for it ? 2. What are the use cases for it ? 3. What alternate models have been considered ? eg. adding a partyGroup element to the PartiesAndAccounts.model 4. What is the impact on the business rules ? 5. Which party references can refer to groups of parties ?

Attachments

  • joint-and-several.png

    • Notes:

  • lyteck

    10/20/14 7:26 pm

    My apologies for the delay in addressing this. I believe I may have answered you by email earlier this summer, but for everyone’s benefit:

    The changes related to Joint and Several Liability are described in section 2.8.4.3 of the online documentation (See version 5.7 REC and later).

    Please find attached
    – a screen capture of what the documentation looks like (png)
    – the proposal from the Reporting Working Group (word doc)

    There were a few alternate representations considered. I invite you to look at the RPTWG minutes from the Spring 2014 available at: http://www.fpml.org/pipermail/rptwg/

  • mgratacos

    07/10/18 3:48 am

    Lyteck addressed the answer to the issue in his comment.

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