3.12 Regulation 28 Parameters Tab

This topic explains the Regulation 28 Parameters tab of Product Maintenance Detail screen.

  1. On Product Maintenance Detail screen, click Regulation 28 Parameters tab to enter the details.
    The Regulation 28 Parameters details are displayed.

    Figure 3-12 Product Maintenance Detail_Regulation 28 Parameters Tab



  2. Click Regulation 28 Parameters tab to capture the details regarding regulation 28 parameters.
    This tab is enabled only if product is PIGS compliant product.
  3. On Regulation 28 Parameters tab, specify the fields.
    For more information on fields, refer to the field description table.

    Table 3-12 Regulation 28 Parameters - Field Description

    Field Description
    Reg28 Auto Switch Fund

    Alphanumeric; 6 Characters; Mandatory if Product is PIGS compliant

    Specify the Regulation 28 Auto Switch Fund details to map specific fund (switch in) for Auto re-balancing of client portfolio to enable policy to be PIGS compliant.

    Alternatively, you can select Reg28 Auto Switch Fund from the option list. The list displays all valid Reg28 Auto Switch Fund details maintained in the system.

    Rounding Option

    Optional

    Select the rounding option from the drop-down list. The list displays the following values:
    • Round Off
    • Round Up
    • Round Down
    Rule Type for Regulation 28

    Optional

    Select the Rule Type for Regulation 28 from the drop-down list. The list displays the following values:
    • Online - If this option is maintained, the system will use AML batch rule for validating Reg 28 compliance.
    • Batch - If this option is maintained, the system will use IML online rule for validating Reg 28 compliance
    Counter for Auto Switches

    Numeric; 10 Characters; Mandatory if Product is PIGS compliant

    Specify the number of unsuccessful Regulation 28 compliance check to run a contract before auto switch is initiated.

    No. of Decimals

    Numeric; 10 Characters; Mandatory

    Specify the number of decimal places allowed.

    Txn Types For Online Reg28 Validation

    Optional

    Select the transaction types for online Reg28 validation. The options are as follows:
    • Include
    • Exclude
    Txn Types for Material Change

    Optional

    Select the transaction types for material change. The options are as follows:
    • Include
    • Exclude
    Adjustment Txn Types for Online Reg28 validation

    This section displays the following fields.

    Adjustment Transaction Type

    Alphanumeric; 3 Characters; Optional

    Specify the Adjustment Transaction type. Alternatively, you can select the Adjustment Transaction type from the option list.

    The list displays all valid Adjustment Transaction type maintained in the system.

    Description

    Display

    The system displays the description for the selected Adjustment Transaction Type.

    Adjustment Txn Types for Material Change

    This section displays the following fields.

    Adjustment Transaction Type

    Alphanumeric; 3 Characters; Optional

    Specify the Adjustment Transaction type. Alternatively, you can select the Adjustment Transaction type from the option list.

    The list displays all valid Adjustment Transaction type maintained in the system.

    Description

    Display

    The system displays the description for the selected Adjustment Transaction Type.

  4. Click Save when you have entered all the mandatory information.
    The system displays the confirmation message as Record Successfully Saved.
  5. Click Ok button from the dialog box.
    This indicates the record has been saved.