5.2 Legal Evaluation

To perform legal evaluation for the customer, perform the following steps:

1. From Home screen, click Tasks. Under Tasks, click Free Tasks.
   The Free Task page is displayed.

   Figure 5-23 Free Tasks

   
   

   
   Description of "Figure 5-23 Free Tasks"

   
   
2. Acquire & Edit the required Legal Evaluation task.
   The Legal Evaluation - Customer Summary page is displayed.

   Figure 5-24 Facility review process - Legal Evaluation

   
   

   
   Description of "Figure 5-24 Facility review process - Legal Evaluation"

   
   

   Note:

   For information on actions that can be performed in the Customer Summary page, refer Credit 360 User Guide.
3. After reviewing the Customer Summary, click Next.
   The Summary page is displayed.

   Figure 5-25 Summary

   
   

   
   Description of "Figure 5-25 Summary"

   
   
4. To transfer the facility to another entity or merge with different facility, click Facility Transfer.

   Figure 5-26 Facility Summary

   
   

   
   Description of "Figure 5-26 Facility Summary"

   
   
5. Click the Add icon.
   The Transfer Facility window is displayed.

   Figure 5-27 Transfer Facility

   
   

   
   Description of "Figure 5-27 Transfer Facility"

   
   

   For field level information refer the below table.

   Table 5-15 Transfer Facility

   Fields	Description
   From Entity	In the Transfer Facility window, Party ID is automatically populated in the From Entity field. You cannot modify the From Entity detail.
   To entity	Select the entity to which the facility has to be transferred from the To entity drop-down list.
   From Facility	Select the facility from which amount has to be transferred from the From Facility drop-down list. Facilities available under the From entity are displayed in the list.
   To Facility	Select the facility to which the amount has to be transferred from the To Facility drop-down list. Facilities available under the selected To entity are displayed in the list. On selecting the entity and facilities, the system displays the following information about the from and to facilities: Line Code Facility Amount Available Amount Facility Type Facility Name Start Date Expiry Date
   Transfer Currency	Select the Transfer Currency in which the amount has to be transferred.
   Transfer Amount	Specify the amount to be transferred in the Transfer Amount field.
   Effective From	Click the calendar icon in the Effective From field and select the date on which the transfer should happen.
   Expiry Date	Click the calendar icon in the Expiry Date field and select the date on which the transferred amount should expire.
   Create	Click Create. Specified amount will be transferred to the target facility and the transfer details will be displayed in the Facility Transfer page. To update the facility transfer details, select the required item and click the edit icon. The Transfer Facility window appears.
   Update	Modify the required details and click Update.
   Delete	To delete the transfer details, select the required item and click the Delete icon.
   Table View	To change the layout of Facility Transfer page to table view, click the Table View icon.
   Facilities	To go back to the Facilities page, click Facilities next to the Facility Transfer. Facilities page appears. Note: For information on more actions that can be performed in the Facilities page and for Information on viewing and managing Collateral, Covenants and Terms and Conditions, refer Basic Info.
   Entities	To view the party details, click the Entities tab in Summary page.

6. To go to the Legal Approval page, click Next.

   Figure 5-28 Legal Approval

   
   

   
   Description of "Figure 5-28 Legal Approval"

   
   

   In Legal Approval page, you can perform legal evaluation for both the party and the child parties by answering simple questions related to the evaluation:

7. To initiate the evaluation, click Start. The Questionnaire window is displayed.

   Figure 5-29 Questionnaire

   

   For infromation on fields Questionnaire screen, refer the below table.

   Table 5-16 Questionnaire

   Fields	Description
   Next Category	Select answers for the available questions and click Next Category.
   Right arrow	Right arrow icon appears in case of multiple questions, click the Right arrow and answer all the questions in all the category. A score is generated and displayed for the sector based on each answer provided.
   Save	Click Save.

   After performing legal analysis for both the party and the child parties, the Legal Approval page with the cumulative score is displayed.

8. Click Next.
   The Comments page is displayed.

   Figure 5-30 Comments

   
   

   
   Description of "Figure 5-30 Comments"

   
   

   For field level information on Comments screen refer the below table.

   Table 5-17 Comments

   Fields	Description
   Comments	Enter the overall Comments for the credit evaluation and click Post. Comment is posted below the Comments box.
   Submit	Click Submit.

   The Policy Exceptions window is displayed.

   Figure 5-31 Policy Exceptions

   
   

   
   Description of "Figure 5-31 Policy Exceptions"

   
   

   By default, policy exceptions are displayed for both the party and its child party.

   To view the policy exception detail specific to party or child party, select the party from the drop-down list at top left corner.

9. Click the Checklist data segment.

   Figure 5-32 Checklist

   
   

   
   Description of "Figure 5-32 Checklist"

   
   

   For field level information on Checklist screen refer the below table.

   Table 5-18 Checklist

   Fields	Description
   Outcome	Select the Outcome as Proceed, if additional information is not required. Otherwise select the Outcome as Additional Info.
   Submit	Click Submit.

   Note:

   For information on Write up data segment, refer Proposal Initiation Chapter.