Convert Positions for Expected Credit Losses

Conversion Information Local

Purchased Impaired

16999

Indicates whether the position is credit impaired. Options include:

• No. Default. The position is not credit impaired.

• Yes. The position is credit impaired.

Expected Credit Loss Local

16990

Specifies the value of the local Expected Credit Loss allowance. If you specify a value, you must additionall yspecify a value for the Regulatory Intent field and the Expected Credit Loss Stage field.

Regulatory Intent

2921

Indicates the regulatory intent associated with positions that have a regulatory category of AFS (Available for Sale). You must specify a value if you enter a value for the Expected Credit Loss Local field. Options include:

• Intent to Sell. This value appears if you enter a value for the Expected Credit Loss Local field.

• Likely Required to Sell.

• Not Likely Required to Sell. Default.

????
Regulatory Intent – available for regulatory category AFS. Regulatory Intent is required if the user enters an amount in the ECL local field; ‘Not Likely Required to Sell’ will be defaulted. If the user selects Regulatory Intent “Intent to Sell” or “Likely Required to Sell” the ECL Local/Base fields will not be available.

Expected Credit Loss Stage

7100

Identifies the Expected Credit Loss stage. You must specify a value if you enter a value for the Expected Credit Loss Local field or if you set the Purchased Impaired option to Yes. Options include:

• Stage 1.

• Stage 2.

• Stage 3. The system assigns this value if you set Purchased Impaired to Yes.

??? This says IFRS only. Does that mean applies only to positions that use an ECL Method field value of Non-US Treatment or say only IFRS?