EBA NPL.Counterparty.Additional Name of InsolvencyorRestructuring Proceedings

From Open Risk Manual

Definition of Counterparty / Additional Name of Insolvency/Restructuring Proceedings

Counterparty.Additional Name of Insolvency/Restructuring Proceedings: Additional name of any insolvency or restructuring proceedings to which the Counterparty is subject

  • EBA Field Index 3.076
  • Documentation Entry 89

Description

These Choice fields are detailed in Annex I to these instructions. Where only one insolvency/restructuring proceeding is present this field shall be filled with ND5.

Field Characteristics

The field type is a Choice field dependent on the country. The following choices are available:

  • (a) Corporate Restructuring Procedures
  • which also include funds
  • (b) Corporate Insolvency Procedures
  • which also include funds
  • (c) Private Individual Counterparty Debt Compromise Procedures
  • (d) Private Individual Counterparty Insolvency Procedures
  • (e) Partnership Restructuring Procedures
  • (f) Partnership Insolvency Procedures


The field's importance for the Loan Tape is Critical.

The field belongs to the EBA NPL Counterparty Table.

The field applies to all of the 7 EBA NPL Asset Classes.

The field is applicable to all borrower types.

The field is Not Confidential

Disclaimer

  • This text is generated automatically. Do not edit manually!
  • This information is provided as is. Refer to the EBA NPL Template for pointers to definitive instructions

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