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Any comments/objections to the proposal described below?
thanks
From: cdwg@xxxxxxxx [cdwg@xxxxxxxx] On Behalf Of Selma Laidoudi [Selma.Laidoudi@xxxxxxxxxxxxxx] Sent: Monday, March 01, 2010 2:35 PM To: cdwg@xxxxxxxx Subject: FpML-CD FW: Proposal to create new version of credit seniority scheme Ben/All,
Please find below a proposal for creating a new version of the credit seniority coding scheme.
Comments are most welcome.
Thanks,
Selma Laidoudi +44 (0) 20 3367 0394 From: Owen King
Hi Selma,
In line with an open issue (http://www.fpml.org/issues/view.php?id=362) I'd like to propose to the FpML credit working group that a new version of the credit seniority coding scheme is created as follows in order to allow differentiation between secured and non-secured debt. This also has the effect of allowing a 1:1 mapping between FpML values and Markit RED Tier Codes to simplify integration work for implementers.
Remove: Senior Add: SeniorSec, SeniorUnSec
I've attached my proposed coding scheme to this email.
Many thanks,
Owen King Vice President Business Analysis
MarkitSERV
Cottons Centre, Level 3 Cottons Lane
+44 20 3367 0347 Office +44 20 3367 0301 Fax The information contained in either this email and, if applicable, the attachment, are confidential and are intended only for the recipient. The contents of either the email or the attachment may not be disclosed or used by anyone other than the addressee. If you are not the intended recipient(s), any use, disclosure, copying, or distribution is prohibited and may be unlawful. If you have received this communication in error, please notify us by e-mail at isda@xxxxxxxx <mailto:isda@xxxxxxxx> then delete the e-mail and all attachments and any copies thereof. This communication is part of an ISDA process and is not intended for unauthorized use or distribution. |