EBA NPL.Counterparty.Income SelfCertified

From Open Risk Manual

Definition of Counterparty / Income Self-Certified

Counterparty.Income Self-Certified: Indicator as to whether the Private Individual Counterparty has self-certified their annual income

  • EBA Field Index 3.018
  • Documentation Entry 31

Description

"Income Self-Certified" is the indicator as to whether the Private Individual Counterparty has self-certified their annual income, where "Self-Certified" is when the Private Individual Counterparty confirms their financial standing in a formal statement, such as accounts , and where the information provided by the Private Individual Counterparty is not to be verified by the Institution.

Field Characteristics

The field type is Boolean.


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

The field belongs to the EBA NPL Counterparty Table.

The field applies to 4 of the 7 EBA NPL Asset Classes. It does not apply to Commercial Real Estate Loans, SME/Corporate Loans, Leasing / Asset Backed Finance,

The field applies to borrower type: Private Individual.

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