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For PIllar Pillar 2 calculations the country master data contains the important information about the
ISO-Code, which is used for the general jurisdictional blending of values, and the
currency exchange rates, which are used to recalculate the local values to one single currency for the global information return.
Tutorial - Master Data - Countries
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ISO-Codes
For each country, the ISO-Codes must be maintained in the country master data area. This is crucial for all Pillar 2 calculations, since the ISO-codes state the basis for the country data collection (e.g. jurisdictional elections) and also they are the basis for the clustering of the Blending of the calculations. If no further information is given, the blending for the C1 – Safe Harbor Check, C3 – De Minimis Check and C4 – Jurisdictional Blending is performed by aggregating information with the same ISO-Codes. To separate sub-groups, there is also the possibility to introduce company specific Reporting Dimensions, that are further explained in the sections “Reporting Dimensions” and “Administration”.
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