3.1 Functional Enhancements

This section explains functional enhancements that are enhanced or added in this release.

Introduction of charge registration due date at collateral:

• Collateral Maintenance now supports capturing a charge registration due date when the charge status is ‘Proposed’.
• Configurable controls can automatically suspend the collateral and/or freeze linked facilities if registration (charge status as ‘registered’) is not completed by the due date.
• Automated restoration returns collateral and facility statuses to active when charge perfection conditions are met.