Type of Collateral Component

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Type of Collateral Component

Field 2.75 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes

Status: Under Review Last Updated: 03/07/2023

Field 2.75 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes

Description:
Indication of the type of collateral component.

Best Practice:
Where Field 2.04 is populated with SLEB.

• For NEWT template:
  If Business Use Case = Uncollateralised SLEB and Field 2.72 = TRUE
  Then do not populate Field 2.75.

• If Business Use Case = Individually Collateralised SLEB (Cash Rebates), and Field 2.72 = FALSE, and Field 2.73 (NE) = FALSE and type of collateral is cash
  Then populate Field 2.75 with ‘CASH’, also populate the related cash collateral fields.

• If Business Use Case = SLEB against Net Exposure Collateral and Field 2.72 = FALSE and Field 2.73 (NE) = TRUE
  Then do not populate Field 2.75.

• For CORR Template:
  If Business Use Case = Uncollateralised SLEB and Field 2.72 = TRUE
  Then do not populate Field 2.75.

• If Business Use Case = Individually Collateralised SLEB (Cash Rebates) and Field 2.72 = FALSE and Field 2.73 (NE) = FALSE and type of collateral is CASH
  Then populate Filed 2.75 with ‘CASH’, also populate the related cash collateral fields. Please note that Collateral should be as per EOD for the event date (Field 2.03) being corrected.

• If Business Use Case = SLEB against Net Exposure Collateral and Field 2.72 = FALSE and Field 2.73 (NE) = TRUE
  Then do not populate Field 2.75.

• For COLU Template:
  If Business Use Case = Uncollateralised SLEB
  Then not applicable as no COLUs are reported for Uncollateralised SLEBs

• If Business Use Case = TB COLU for Individually Collateralised SLEB (Cash Rebates) and Field 2.73 = False type of collateral is cash
  Then populate Field 2.75 with ‘CASH’, also populate the related cash collateral fields

• If Business Use Case = NE COLU for SLEB against Net Exposure Collateral and Field 2.73 = TRUE
  Then for Cash populate Filed 2.75 with ‘CASH’, also populate the related cash collateral fields.

• For Non-Cash that is SECU populate Field 2.75 with ‘SECU’, also populate the related SECU collateral fields. (SFTR-95)