EBA NPL.Counterparty.Legal Procedure Type

From Open Risk Manual

Definition of Counterparty / Legal Procedure Type

Counterparty.Legal Procedure Type: Type of insolvency or restructuring process the counterparty is currently in

  • EBA Field Index 3.077
  • Documentation Entry 90

Description

The field type is a Choice field.

Field Characteristics

Legal Procedure Type is the type of insolvency or restructuring process the Counterparty is currently in. 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
  • (g) Other


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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