FpML Issues Tracker

631: valid-cd-23-02.xml is out of context for rule cd-23

March 3, 2008

closed

Minor

Always

Validation Rules

Admin

None

Summary

The valid validation rule example valid-cd-23-02.xml is out of context for rule cd-23.

cd-23 today is: " Context: CreditDefaultSwap (complex type) cd-23 (Mandatory) Preconditions: LongForm cashSettlementTerms or physicalSettlementTerms must be present. "

The LongForm 'precondition' is: " Precondition: LongForm (context: Trade) (context: Contract) documentation/masterConfirmation and documentation/contractualMatrix are not present and SingleName precondition applies. "

The example document contains the text: ISDA1999Credit 2002-02-02Z

The problem is the example is not Long Form because it contains a Master Confirmation reference.

Notes:

  • matthewdr

    03/11/08 2:50 pm

    Agreed at the VWG that the example should be changed so the rule is fired. It was agreed for Marc to fix.

  • iyermakova

    03/14/08 1:58 pm

    Fixed valid-cd-23-03.xml example to comply with cd-23 rule.
    The change has been committed to 4-4 (trunk) and 5-0 (branches/FpML-5-0)

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