1.8.2 Activities involved in Emergency Day Processing

This topic provides information on the activities involved in Emergency Day processing.

You can find the activities involved in emergency day processing. The activities involved in Emergency Day processing are as follows:

• LEP transaction date changes
• Dividend Date changes
• Entity Commission Payment due date changes
• Broker commission payment date changes
• GO Cancellation

LEP Transaction Date Changes

You can find changes in LEP Transaction as part of Emergency Day Processing. The LEP transaction date changes are as follows:

• All LEP transactions date will be moved to next business day
• Policy Start Date will be moved to next business day

Example on Policy Start Date will be moved to next business day.

Table 1-7 Policy Number

Policy Number	Rule Effective Date	Policy Start Date
HSPOLICY01	10-Oct-16	10-Oct-16

If emergency holiday declared on 10-Oct-2016 then policy start date will be moved to next business day as follows:

Table 1-8 Policy Number with emergency holiday declared

Policy Number	Rule Effective Date	Policy Start Date
HSPOLICY01	10-Oct-16	11-Oct-16

Dividend Date Changes

If freeze holding is completed, then the system will not move freeze holding date to next business date. The system will move the unprocessed dividends declared for the date to next business day.

Payment Date and Reinvestment Date will be moved to next business day. Dividend Declare Date and Freeze Holdings Date will be moved for non MMF funds.

Example 1: Non MMF Fund

Table 1-9 Example 1: Non MMF Fund

Fund ID	Dividend No	Dividend Declare Date	Freeze Holding Date	Payment Date	Reinvestment Date
AFUND1	5	31-Oct-16	31-Oct-16	31-Oct-16	31-Oct-16

If emergency holiday declared on 31-Oct-2016, then the system will move dividend attributes to next business day as follows:

Table 1-10 Example 1: Non MMF Fund with emergency holiday declared

Fund ID	Dividend No	Dividend Declare Date	Freeze Holding Date	Payment Date	Reinvestment Date
AFUND1	5	1-Nov-16	1-Nov-16	1-Nov-16	1-Nov-16

Example 2: MMF Fund

Table 1-11 Example 2: MMF Fund

Fund ID	Dividend No	Dividend Declare Date	Freeze Holding Date	Payment Date	Reinvestment Date
MMFFND	575	31-Oct-16	31-Oct-16	31-Oct-16	31-Oct-16

If emergency holiday declared on 31-Oct-2016 then reinvestment date will be moved to next business day as follows:

Table 1-12 Example 2: MMF Fund with emergency holiday declared

Fund ID	Dividend No	Dividend Declare Date	Freeze Holding Date	Payment Date	Reinvestment Date
MMFFND	575	31-Oct-16	31-Oct-16	1-Nov-16	1-Nov-16

Entity Commission Payment due date changes

If entity commission payment is due today, the same will be processed in next business day.

Broker commission payment date changes

Broker commission payment date will be moved to next business day.

GO Cancellation

If Global Order is already generated on emergency day and if the same is not confirmed, then the system will reverse that global order.

You cannot execute Dilution Levy Load Population process for a particular selected AMC/Agent Code or Fund ID.

If you have selected any specific AMC/Agent Code or Fund ID for mini-EOD execution when Dilution Levy Load Population process is scheduled, then the system displays an error message as Dilution Levy Load Population process cannot be scheduled for execution for a specific AMC or Fund.

Display

View the status of the function that the system displays.

The Function can be as follows:

• Running
• Not Started
• Aborted
• Completed

If the status is displayed as Aborted, you can change the status to Skip to allow the EOD to proceed with the rest of the functions.

Mini EOD activities applicable for Capital Call facility are as follows:

Table 1-13 Mini EOD activities for Capital Call

EODSEQUENCE	Description	Activity
9359	Fund Capital Call status change activity	Mini EOD
9360	Capital Call Tranche status change activity	Mini EOD
9361	Capital Call Tranche Reversal	Mini EOD
9362	Unitholder Commitment status change activity	Mini EOD