There is an inconsistent representation of rule cd-1b in FpML Version 4.9 REC. The English description saying “must be after” I would have thought should be ‘ gt ‘ in the XPath rather than ‘ ge ‘ as below. Reported via email by Ivan Djurkin.
Review if rule is still current or if it needs to be updated. See related issues.
Rule shared-29 (not published yet) compares buyerPartyReference/@href and sellerPartyReference/@href The rule can be seen in the attached image. We need to check if this rule should also compare the account fields and check what context the rule should have.
Need to review context and text of msg rules. Use the context colleciton() and document() generally means that the description of a rule needs to be updated. colleciton() and document() are Xquery function. They should be documented better.
Email from Lyteck: Request from the BPWG/RPTWG to develop a new messaging rule to handle the Multiplicity of the onBehalfOf field the BPWG evaluated and approved a request from the RPTWG to allow multiple on-behalf-of elements in a message to an SDR. We wrote down an action to ask the VALWG. – >> We discussed … Continued
We need to cross check the points in the schema that use the payer/receiver and buyer/seller model group. Some rules may need to be revised and some rules may be missing.
When Andrew J raised the related issue about time zones, Tony Coates noted that perhaps the timezone should not be indicated in a date when also businessCenter is present.
shared-27 currently reads as follows: Context: Document (complex type) All timezones must be the same. +00:00, -00:00, and Z are considered equivalent. Comment: This rule ensures that date and datetime comparisons behave as expected because they’re expressed in the same timezone. NB That the XSD specification uses the term “timezone”, but that they are not … Continued
The rules concerning equity option multiple exercise need to be updated according to the content of the document that the EQD WG has produced. TODO: – Identify rules – Propose updated version – Review internally and with EQD WG
The IRD rules define two conditions: isFloating and hasInitialStub, but they are not used in the rules themselves. I am looking at FpML 4.6.4 LCWD-1. For example, I suggest to change rule ird-59 from: XPath Description: Context: InterestRateStream (complex type) [exists(resetDates)] id(resetDates/calculationPeriodDatesReference/@href) is calculationPeriodDates to: XPath Description: Context: InterestRateStream (complex type) [isFloating] id(resetDates/calculationPeriodDatesReference/@href) is calculationPeriodDates … Continued