Prepayment Allocation Process Expert Group (PAPEG) July 2015 Update

The Prepayment Allocation Process Expert Group (PAPEG) has been developing solutions for the redistribution of unallocated prepayment transactions and solutions to enhance the allocation process outlined in MAP14.

 

PAPEG last met on the 18th May 2015 and have defined the step-by-step procedure for the Key Distribution process and finalised the Group’s Closure Report. As a result, PAPEG have now concluded the Group’s Terms of Reference.

 

If you have any questions please contact the team at PAPEG@Gemserv.com