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Addition of auto loan children types and auto collateral type
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AdarshChugani authored and muratabur committed Jan 3, 2025
1 parent 98d5841 commit f1d61ce
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12 changes: 12 additions & 0 deletions documentation/properties/type.md
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Expand Up @@ -439,6 +439,8 @@ Charity serving communities and individuals. Includes non-profit institutions se
├── commercial_property
├── personal
├── auto
│ ├── new_auto
│ └── used_auto
├── commercial
├── credit_card
│ ├── charge_card
Expand All @@ -465,6 +467,12 @@ As outlined in [LCR][lcr] Article 13(2)(g)(iv):
> tracked vehicles (see Directive 2007/46/EC)
> Such loans or leases may include ancillary insurance and service products or additional vehicle parts, and in the case of leases, the residual value of leased vehicles.
### new_auto
*Needs definition*

### used_auto
*Needs definition*

### personal
As outlined in [LCR][lcr] Article 13(2)(g)(v):
> loans and credit facilities to individuals resident in a Member State for personal, family or household consumption purposes.
Expand Down Expand Up @@ -1169,6 +1177,7 @@ The most common XCS, and that traded in interbank markets, is a mark-to-market (
├── life_policy
├── cash
├── security
├── auto
└── other
```
The collateral type defines the form of the collateral, such as property or other assets used to secure an obligation.
Expand Down Expand Up @@ -1270,6 +1279,9 @@ From Article 212(2) [CRR](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CE
### security
This identifies that the piece of collateral used is a security, as mapped via the security schema and linked to the collateral schema using the collateral's `security_id` property.

### auto
*NEEDS Definition*

### other
*NEEDS Definition*

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1 change: 1 addition & 0 deletions v1-dev/collateral.json
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Expand Up @@ -85,6 +85,7 @@
"description": "The collateral type defines the form of the collateral provided",
"type": "string",
"enum": [
"auto",
"cash",
"commercial_property",
"commercial_property_hr",
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4 changes: 3 additions & 1 deletion v1-dev/loan.json
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Expand Up @@ -620,12 +620,14 @@
"mortgage",
"mortgage_charter",
"multiccy_facility",
"new_auto",
"nostro",
"other",
"personal",
"q_reverse_mortgage",
"reverse_mortgage",
"trade_finance"
"trade_finance",
"used_auto"
]
},
"version_id": {
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