Welcome to the release notes for TRSuite version 20.05. Read these release notes thoroughly before you install the latest update, as they contain information the User Guide documentation may not cover. Release 20.05. and later requires a valid support license valid after 1st of May 2020.
TRSUIT-42: SEI FATCA Information Delivery v1.3 (Improvement)
The "Technical Specification and User Guide for Financial Institutions according to FATCA IGA 2" [hereafter: «User Guide»] has been updated and addresses new requirements from the IRS concerning the content of the FATCA-XML file (CARRef-Element in accordance with the FATCA XML scheme V2.0, cf. chapter 4.5.3 of the user guide). The general rule is that financial institutions concerned have to take into account the requirements of the IRS for the FATCA-XML that are valid at the time the file is delivered to the FTA.
TRSuite Version 20.05 implements all changes as described in version 1.3 of the User Guide. Further the software validates the reports against all important business and validation rules for SEI XML and FATCA XML as described in Business & Validation Rules FTA (PDF, 197 kB, 19.05.2020)
TRSUIT-57: SEI FATCA: NPE in case of 0.0.1900 birth date format (Bug)
In case the invalid birth date 0.0.1900 was entered into the excel template the import failed with a "Null Pointer Exception". This error condition is now handled correctly and the user is informed about the incorrect data.
TRSUIT-58 CRS: Adress element getting duplicated during export (Bug)
In case an address element was a combination of a free and fix address element the data was duplicated during the XML export. If only free or fix address element was used the data was exported without any issue.
Export of address data is now correct and no duplicate data element is produced.
TRSUIT-59: MO CRS: Update to XML v1.3
Macao reporting schema is updated to version 1.3 (since version 20.05.0.4)
TRSUIT-62: SEI FATCA: Support for Cover Letter (New Feature)
Since version 20.05 it is possible to add a cover letter to the generated delivery package. Simply select or enter the path to the relevant file and it will added automatically. If the delivery file is split due to size or account number restrictions the cover letter is added to each generated delivery file.
TRSUIT-61: SEI Reporting Pool Report Data Extractor (New Feature)
In case the FTA request further information about pool report data regarding threshold, the FI needs to send a excel file with specific data as described below.
To support financial institutes generating such a report we implemented a little tool (pool extractor) to extract the relevant information from pre-existing pool reports. As not all data is available in the pool report, there is still a major manual task to complete the data. The data is missing, because within the pool report there is no data available regarding above/below threshold data.
The flow looks like:
1. Collect all your relevant pool report in one folder (Reports Root Folder)
2. The tool collects all XML files within the defined folder, extracts the data and generates a enclosure.xlsx file (or as named by the user) in the root folder.
3. Manually complete the data
TRSUIT-64: SEI Reporting Pool Report Data Extractor fails for FATCA XML 1.0/1.1 (Bug)
The extraction process failed for reports generated in year 2014/2015 in the old FATCA XML 1.0 or 1.2 format. Since version 20.05.0.1 also the extraction of the old formats is supported.
TRSUIT-63: IDES: IRS Response extraction fails with no error
The validation of the working directory failed during the extraction process of an IRS response. The process aborted without further notification. This is fixed for version 20.05.0.1.
TRSUIT-77: SEI: Support for Sponsor in Excel-Template
A new excel template supports the import of a sponsor entity since version 20.05.0.4
TRSUIT-79: SEI: File and Folder Naming wrong year used
When generating delivery artifacts with version 20.05.0.4 a wrong file name is generated. Instead of the dossier year the FACTA-Reporting year is used. This is fixed for version 20.05.0.5
TRSUIT-81: FATCA: NIL-Report splitting by FI
Since version 18.104.22.168 also NIL Reports are taken into consideration when splitting collected FATCA data by reporting FI.
TRSUIT-83: FATCA:Support for Notification schema update v. 2.5
BASE-FATCA-NOTIFICATION-2.5 - Base schema for common data elements and data types related to FATCA notifications. Referenced by all main notifications schemas.
- Updates (from prior version):
- RecordLevelErrorCd datatype changed from enumerated list of 4-digit values to 5 character string
FATCA-FILE-ERROR-NOTIFICATION-2.5 - Main schema that describes various types of file level error notifications.
FATCA-VALID-FILE-NOTIFICATION-2.5 - Main schema for the valid file notifications.
- FATCA Report Notification XML Samples_2.5.xml :
TRSUIT-84: SEI: Fix for "Missing Ressource Exception"
Missing ressource bundel konfiguration key for "Legal Entity" leads to:
java.util.MissingResourceException: Can't find resource for bundle java.util.PropertyResourceBundle, key legalEntity
The key is now added.
Enter the temporary license key, restart TRSuite -> Three additional fields are visible in the "Settings" tab of the SEI module:
Enter any value in the field "Legal Entity" and save the general informations (the value is stored in the windows registry)
Finally re-enter your origin license key and restart the application. Now the generation of the delivery file(s) should run without problems.
TRSUIT-86: SEI: Creating SEI work item fails with IllegalAnnotationsException
Saving a TRSuite-Work Item for a SEI-Report failed without further notice due to a missing XML-Element mapping. This issue is fixed with patch 20.05.0.8.
Further a success/fail message is displayed to the user after the export.
TRSUIT-88: SEI: Updated requirements for the information delivery
Patch 20.05.0.9 brings support for the updated "Credentials Exchange (v1.3) - Information Delivery" pdf form.
As a workaround the pdf can be manually exchanged in the <INSTALLATION_PATH>\TRSuite\app\resources\sei folder, but needs to be named "SEISYS_FATCAInformationDelivery_CredentialForm_v1.2.pdf"
TRSUIT-86: CRS: Albanian Country Validator
Since Version 20.05.0.9 a new country validator for Albania (AL) alllows the complaiant generation of message- and document reference IDs according the AL-specific definition:
DOC-RefID for Reporting FIs: AL<YEAR><TIN>FI<10-digit-RUNNING-NUMBER>
DOC-RefID for Account Reports: AL<YEAR><TIN>AR<10-digit-RUNNING-NUMBER>