10.2 Process PIGS FOREX Compliance Detail

This topic provides the systematic instructions to process PIGS FOREX Compliance Detail screen.

  1. On Home screen, type UTDPIGSC in the text box, and click Next.
    The PIGSFOREX Compliance Detail screen is displayed.

    Figure 10-1 PIGSFOREX Compliance Detail


    Description of Figure 10-1 follows
    Description of "Figure 10-1 PIGSFOREX Compliance Detail"

  2. On PIGSFOREX Compliance Detail screen, click New to enter the details.
    For more information on fields, refer to the field description table.

    Table 10-1 PIGSFOREX Compliance Detail - Field Description

    Field Description
    PIGS FOREX Compliance

    The section displays the following fields.
    Rule Type

    Mandatory

    Select the rule type from the drop-down list. The list displays the following values:
    • Batch PIGS
    • Online PIGS
    • Batch FOREX
    • Online FOREX
    • Related Components
    Rule ID

    Alphanumeric; 10 Characters; Mandatory

    Specify an identifier for the rule applied to the component.
    Rule Description

    Alphanumeric; 50 Characters; Mandatory

    Specify a brief description of the component allocated to the fund investment.
    Operation

    Mandatory

    Select that the components are to be considered as equivalent to the percentage of the fund investment allocation from the drop-down list.

    The list displays the following values:
    • <
    • >
    • <=
    • >=
    • =
    Threshold percentage(0-100%)

    Numeric; 5 Characters; Mandatory

    Specify the ratio or percentage attributed to the chosen investment component as an allocation of the investment.
    Components Button

    The section displays the following fields.
    Components

    Alphanumeric; 50 Characters; Optional

    Specify the number of components allocated to the fund investment, you can select more than one component.
    Related Components Button

    The section displays the following fields.
    Related Components

    Alphanumeric; 50 Characters; Optional

    Specify the number of related components allocated to the fund investment, you can select more than one related component.
  3. Click the Components button to incorporate the Investment components.
    The Components screen is displayed. The combination of Investment components with their corresponding percentage can be selected.
  4. Click the Related Components button to specify the number of related components allocated to the fund investment.
    More than one related component can be selected.
    The Related Components screen is displayed.
  5. Click Ok once you have specified the entire mandatory details to save the record.
    The system will receive a prompt that the record has been saved in the system’s archive.
  6. Validate PIGS and FOREX for Outflow policy transactions.
    If system fails to comply these two outflow transactions, it will log the failure as an override message while saving the policy transaction.
    The system will validate PIGS and FOREX for Outflow policy transactions along with inflow transactions such as surrender and switch out.

Parent topic: Prudential Investment Guidelines