Oracle Financial Services Compliance Regulatory Reporting Release
v8.1.2.4.0
|
Oracle Financial Services Compliance Regulatory Reporting Release
v8.1.2.4.0 |
Oracle Financial Services (OFS) Compliance
Regulatory Reporting (CRR) Pack is a
separately licensed product.
Description
Release ID 34941227 – OFS CRR v8.1.2.0.0 MINOR RELEASE #4
(8.1.2.4.0).
This release of OFS CRR is cumulative of enhancements and
bug fixes since the 8.1.2.3.0 release. It is compatible with the 8.1.2.4.0 release
of Oracle Financial Services Enterprise Case Management (OFS ECM).
Prerequisites
Before applying OFS CRR v8.1.2.4.0, it is required to install
OFS CRR v8.1.2.0.0. For detailed instructions on installing this OFSCRR Release,
see OFSCRR Application
Pack Installation Guide 8.1.2.0.0.
How to Apply This Patch?
For detailed instructions on installing the OFS CRR 8.1.2.4.0 release, see OFS CRR ML Installation
Guide.
About
This Release
This
section describes the new features and known issues in this release of OFS CRR.
Topics:
The following is the list of new features included in this release:
·
Canadian STR: Bulk Update Part C, D, E, and F – This
feature enables users to update selected subjects, accounts, entities, and
individual details and then apply all those changes to multiple transactions. By
taking Apply to All action, these updates are applied to all the corresponding
transactions in the report where these details are present.
·
USSAR: Continuing Activity Report – In Enterprise
Case Management 8.1.2.4.0, a new continuous activity review process has been released,
which integrates with CRR for US-SAR filings only. In the ECM system, when you
close and file a US-SAR on an AML case, a new Continuing Activity (AML_CA) case
is created. When the filing acknowledgment is received from FinCEN, information
about the SAR filing is made available in the ECM system.
·
USSAR: Allowing unique Contact information for Filing
Institutions: Filing Institution Contact Office Information can be added at
the Filing Institution level. This feature enables users to add the filing institution
name, contact phone number, and extension using excel upload for each Filing
Institution.
·
GoAML: Ability to apply changes to
Involved Parties to all the transactions – This feature enables a user to update
select details of the account marked as an involved party and apply to all the transactions
in the report where this involved party is present.
·
GoAML: Director
details autofill in involved account details- This feature enables users
to add the existing directors to the involved party by searching for directors who
were previously added in the prior reports.
The following table provides a list of known issues.
|
Bug Number |
Description |
|
35144927 |
USSAR: When
the acknowledgment of the SAR is received, the amount and suspicious activity
date are not being populated on the Previous Report Information tab in the
resulting CAR case. Therefore, this
information is not provided to the SAR report if it is determined a SAR
should be filed on the CAR case. These values will need to be manually
entered in the SAR report before submitting to FinCEN. |
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