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| ID | Category | Severity | Reproducibility | Date Submitted | Last Update | |||||||
| 0001006 | [FpML] Validation Rules | minor | always | 2010-03-11 19:55 | 2010-03-11 19:55 | |||||||
| Reporter | h_mcallister | View Status | public | |||||||||
| Assigned To | lyteck | |||||||||||
| Priority | normal | Resolution | open | |||||||||
| Status | assigned | Target Version | Product Version | 4.5 Recommendation 2009-02-25 (build 6) | ||||||||
| Summary | 0001006: ird-7 English description is incomplete | |||||||||||
| Description |
At FpML 4-5 (and subsequent versions), validation rule ird-7 was "formalised" with a natural language description as follows: <quote> English Description: Context: InterestRateStream (complex type) The existence of compoundingMethod is required when the frequencies differ, and prohibited when they are the same </quote> The problem is that the description does not state *which* frequencies differ. I propose that the description should be rewritten as follows: "The existence of compoundingMethod is required when the calculation-period and payment frequencies differ, and prohibited when they are the same" |
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