FpML Issues Tracker
closed
Minor
Always
Validation Rules
Admin
danieldui
Summary
The definition of "the schedule implied by" is itself not precise, nor complete.
The definition today is: " Term: the schedule implied by The schedule defined by the effective- and termination-Date, together with the "RegularPeriod" dates which may appear optionally in the presence of stubs, and the calculation period frequency. "
1. The first change is that this must be rewritten as function so the context is clear. For example in valid-ird-54-01.xml there are two 'effectiveDate' elements. 2. "effective-" should be replaced by the XPath "//effectiveDate". 3. "termination-Date" should be replaced by the XPath "//terminationDate". 4. The XPath for "RegularPeriod" must be given. 5. The XPath for the "stubs" must be given. 6. The XPath for the "calculation period frequency" must be given. 7. The effectiveDate has element only content, so it must be made clear whether it is the adjusted or unadjusted date that is used. 8. Same again but for terminationDate.
Notes:
iyermakova
12/12/08 4:44 pm
danieldui
07/30/13 2:20 pm
The “financial date arithmetic paper” should address the issue.
Action for DD: to check and possibly close the issue.
mgratacos
10/21/19 11:15 am
Added the link to the Dates Calculation paper in the Definitions section of the Validation rules.
The change will be published on version 5.11 Trial Recommendation.