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Home ›  Best Practices

Australian Prudential Standard 112 – Requirements for Capital Adequacy against Credit Risk Exposures

  • By: Staff Editor
  • Date: December 15, 2011
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The Australian Prudential Standard 112 – Capital Adequacy: Standardized Approach to Credit Risk aims at ensuring that “ensure that an authorized deposit-taking institution holds sufficient regulatory capital against credit risk exposures.”
 
Applicability
 
The APS 112 - Capital Adequacy: Standardized Approach to Credit Risk applies to all authorized deposit-taking institutions or ADIs under the Banking Act.
 
However, ADIs that have approval from APRA to use an internal ratings-based approach to credit risk under Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk are exempt from this standard’s requirements.
 
Key Principles for this Prudential Standard
 
The APS 112 - Capital Adequacy: Standardized Approach to Credit Risk has been conceptualized on the following key principles:
 
  • An ADI must apply risk-weights to its on-balance sheet assets and off-balance sheet exposures in accordance with the risk classes set out in the standard for regulatory capital purposes.
  • An ADI may, subject to meeting the standard’s requirements, use certain credit risk mitigation (CRM) techniques in determining the capital requirement for a transaction or exposure.
 
 
Requirements for Risk-Weighting Approach
 
If the APRA feels that an ADI has not risk-weighted its exposure to credit risk properly, the agency will then determine the risk-weighted amount of a particular on-balance sheet asset or off-balance sheet exposure in writing.
 
The following are the standards requirements for on-balance sheet assets and off-balance sheet exposures:
 
On-Balance Sheet Assets
  • The total risk-weighted on-balance sheet assets must equal sum of the risk-weighted amounts of each on-balance sheet asset.
  • Risk-weighted amount of each on-balance sheet asset is determined by multiplying its current book value by relevant risk-weight as detailed in the standard’s Attachment A
Off-Balance Sheet Exposures
  • Total risk-weighted off-balance sheet credit exposure must be calculated as the sum of the risk-weighted amount of all its market-related and non-market-related transactions.
  • Risk-weighted amount of an off-balance sheet transaction that gives rise to credit exposure must be calculated by the following two-step process:
    • Notional amount of the transaction must be converted into an on-balance sheet equivalent, i.e. credit equivalent amount (CEA), by multiplying the amount by a specified credit conversion factor (CCF)
    • The resulting CEA must be multiplied by the risk-weight applicable to the counterparty or type of exposure.
 
 
When calculating risk-weighted credit exposures, an ADI must include all market-related off-balance sheet transactions (including on-balance sheet unrealized gains on market-related off-balance sheet transactions) held in the banking and trading books.
 
The following are exempted from risk-weighting by an ADI:
 
  • Foreign exchange contracts that have an original maturity of 14 calendar days or less
  • Instruments traded on futures and options exchanges that are subject to daily mark-to-market and margin payments.
 
Using Ratings by External Credit Assessment Institutions (ECAI)
 
  • An ADI may use an ECAI’s solicited ratings only to determine the credit rating grades that correspond to the risk-weights for counterparties and exposures.
  • An ADI cannot use credit ratings for one entity within a corporate group to determine the risk-weight for other (unrated) entities within the same group.
 
Using Credit Risk Mitigation (CRM) Techniques
 
  • An ADI cannot recognize additional credit risk mitigation on claims where the risk-weight is mapped from an ECAI issue-specific rating and that rating already reflects CRM
  • In order for an ADI to obtain capital relief to use a CRM technique, it should ensure that all documentation is legally binding on all parties and legally enforceable in all relevant jurisdictions
  • An ADI should have policies and procedures to manage risks associated with its CRM techniques
  • If multiple CRM techniques cover a single credit risk exposure, then an ADI will have to divide the exposure into portions covered by each CRM technique. The risk-weighted assets of each of these portions will then have to be calculated and the total arrived at.
 
 
Additional Resources
 
Read the full Australian Prudential Standard 112 – Capital Adequacy: Standardized Approach to Credit Risk in full.

 

Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] The problematic instruction: ---------- ==> ${screens.render("component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail")} [on line 9, column 17 in component://ecommerce/webapp/ecommerce/CONew2016/bestpractices/article_detail/contentDetailMain.ftl] ---------- Java backtrace for programmers: ---------- freemarker.template.TemplateModelException: Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:134) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at org.ofbiz.widget.screen.MacroScreenViewHandler.render(MacroScreenViewHandler.java:104) at org.ofbiz.webapp.control.RequestHandler.renderView(RequestHandler.java:865) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:582) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.ControlServlet.doGet(ControlServlet.java:224) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.ApplicationDispatcher.invoke(ApplicationDispatcher.java:749) at org.apache.catalina.core.ApplicationDispatcher.processRequest(ApplicationDispatcher.java:487) at org.apache.catalina.core.ApplicationDispatcher.doForward(ApplicationDispatcher.java:412) at org.apache.catalina.core.ApplicationDispatcher.forward(ApplicationDispatcher.java:339) at com.metricstream.SEOServlet.dispatchEcommerceRequest(SEOServlet.java:287) at com.metricstream.SEOServlet.findPattern(SEOServlet.java:236) at com.metricstream.SEOServlet.doGet(SEOServlet.java:49) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.StandardWrapperValve.invoke(StandardWrapperValve.java:222) at org.apache.catalina.core.StandardContextValve.invoke(StandardContextValve.java:123) at org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:472) at org.apache.catalina.core.StandardHostValve.invoke(StandardHostValve.java:168) at org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:99) at org.apache.catalina.core.StandardEngineValve.invoke(StandardEngineValve.java:118) at org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:929) at org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:407) at org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1002) at org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:585) at org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:310) at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1149) at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:624) at java.lang.Thread.run(Thread.java:748) Caused by: org.ofbiz.widget.screen.ScreenRenderException: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:409) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) ... 76 more Caused by: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:348) at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:324) at org.ofbiz.widget.ModelWidgetAction$Script.runAction(ModelWidgetAction.java:416) at org.ofbiz.widget.ModelWidgetAction.runSubActions(ModelWidgetAction.java:116) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:184) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) ... 83 more
Best Sellers
Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] The problematic instruction: ---------- ==> ${screens.render("component://ecommerce/widget/CONew2016/BaseScreens.xml#recently-viewed")} [on line 28, column 1 in component://ecommerce/webapp/ecommerce/CONew2016/bestpractices/article_detail/contentDetailMain.ftl] ---------- Java backtrace for programmers: ---------- freemarker.template.TemplateModelException: Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:134) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at org.ofbiz.widget.screen.MacroScreenViewHandler.render(MacroScreenViewHandler.java:104) at org.ofbiz.webapp.control.RequestHandler.renderView(RequestHandler.java:865) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:582) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.ControlServlet.doGet(ControlServlet.java:224) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.ApplicationDispatcher.invoke(ApplicationDispatcher.java:749) at org.apache.catalina.core.ApplicationDispatcher.processRequest(ApplicationDispatcher.java:487) at org.apache.catalina.core.ApplicationDispatcher.doForward(ApplicationDispatcher.java:412) at org.apache.catalina.core.ApplicationDispatcher.forward(ApplicationDispatcher.java:339) at com.metricstream.SEOServlet.dispatchEcommerceRequest(SEOServlet.java:287) at com.metricstream.SEOServlet.findPattern(SEOServlet.java:236) at com.metricstream.SEOServlet.doGet(SEOServlet.java:49) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.StandardWrapperValve.invoke(StandardWrapperValve.java:222) at org.apache.catalina.core.StandardContextValve.invoke(StandardContextValve.java:123) at org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:472) at org.apache.catalina.core.StandardHostValve.invoke(StandardHostValve.java:168) at org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:99) at org.apache.catalina.core.StandardEngineValve.invoke(StandardEngineValve.java:118) at org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:929) at org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:407) at org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1002) at org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:585) at org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:310) at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1149) at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:624) at java.lang.Thread.run(Thread.java:748) Caused by: org.ofbiz.widget.screen.ScreenRenderException: Error rendering screen [component://ecommerce/widget/CONew2016/BaseScreens.xml#recently-viewed]: org.ofbiz.entity.transaction.GenericTransactionException: The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object) (The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object)) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:423) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) ... 76 more Caused by: org.ofbiz.entity.transaction.GenericTransactionException: The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object) at org.ofbiz.entity.transaction.TransactionUtil.begin(TransactionUtil.java:159) at org.ofbiz.entity.transaction.TransactionUtil.begin(TransactionUtil.java:127) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:388) ... 83 more Caused by: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:348) at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:324) at org.ofbiz.widget.ModelWidgetAction$Script.runAction(ModelWidgetAction.java:416) at org.ofbiz.widget.ModelWidgetAction.runSubActions(ModelWidgetAction.java:116) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:184) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) ... 83 more
Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] The problematic instruction: ---------- ==> ${screens.render("component://ecommerce/widget/CONew2016/BaseScreens.xml#main-footer")} [on line 11, column 1 in component://ecommerce/webapp/ecommerce/CONew2016/templates/articleDetail.ftl] ---------- Java backtrace for programmers: ---------- freemarker.template.TemplateModelException: Method public java.lang.String org.ofbiz.widget.screen.ScreenRenderer.render(java.lang.String) throws org.ofbiz.base.util.GeneralException,java.io.IOException,org.xml.sax.SAXException,javax.xml.parsers.ParserConfigurationException threw an exception when invoked on org.ofbiz.widget.screen.ScreenRenderer@26628ab with arguments of types [java.lang.String,] at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:134) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at org.ofbiz.widget.screen.MacroScreenViewHandler.render(MacroScreenViewHandler.java:104) at org.ofbiz.webapp.control.RequestHandler.renderView(RequestHandler.java:865) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:582) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.RequestHandler.doRequest(RequestHandler.java:547) at org.ofbiz.webapp.control.ControlServlet.doGet(ControlServlet.java:224) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.ApplicationDispatcher.invoke(ApplicationDispatcher.java:749) at org.apache.catalina.core.ApplicationDispatcher.processRequest(ApplicationDispatcher.java:487) at org.apache.catalina.core.ApplicationDispatcher.doForward(ApplicationDispatcher.java:412) at org.apache.catalina.core.ApplicationDispatcher.forward(ApplicationDispatcher.java:339) at com.metricstream.SEOServlet.dispatchEcommerceRequest(SEOServlet.java:287) at com.metricstream.SEOServlet.findPattern(SEOServlet.java:236) at com.metricstream.SEOServlet.doGet(SEOServlet.java:49) at javax.servlet.http.HttpServlet.service(HttpServlet.java:621) at javax.servlet.http.HttpServlet.service(HttpServlet.java:722) at org.apache.catalina.core.ApplicationFilterChain.internalDoFilter(ApplicationFilterChain.java:305) at org.apache.catalina.core.ApplicationFilterChain.doFilter(ApplicationFilterChain.java:210) at org.apache.catalina.core.StandardWrapperValve.invoke(StandardWrapperValve.java:222) at org.apache.catalina.core.StandardContextValve.invoke(StandardContextValve.java:123) at org.apache.catalina.authenticator.AuthenticatorBase.invoke(AuthenticatorBase.java:472) at org.apache.catalina.core.StandardHostValve.invoke(StandardHostValve.java:168) at org.apache.catalina.valves.ErrorReportValve.invoke(ErrorReportValve.java:99) at org.apache.catalina.core.StandardEngineValve.invoke(StandardEngineValve.java:118) at org.apache.catalina.valves.AccessLogValve.invoke(AccessLogValve.java:929) at org.apache.catalina.connector.CoyoteAdapter.service(CoyoteAdapter.java:407) at org.apache.coyote.http11.AbstractHttp11Processor.process(AbstractHttp11Processor.java:1002) at org.apache.coyote.AbstractProtocol$AbstractConnectionHandler.process(AbstractProtocol.java:585) at org.apache.tomcat.util.net.JIoEndpoint$SocketProcessor.run(JIoEndpoint.java:310) at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1149) at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:624) at java.lang.Thread.run(Thread.java:748) Caused by: org.ofbiz.widget.screen.ScreenRenderException: Error rendering screen [component://ecommerce/widget/CONew2016/BaseScreens.xml#main-footer]: org.ofbiz.entity.transaction.GenericTransactionException: The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object) (The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object)) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:423) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) ... 53 more Caused by: org.ofbiz.entity.transaction.GenericTransactionException: The current transaction is marked for rollback, not beginning a new transaction and aborting current operation; the rollbackOnly was caused by: Error rendering screen [component://ecommerce/widget/CONew2016/BestPracticesPageScreens.xml#trainings-article-detail]: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null objectjava.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object (Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object) at org.ofbiz.entity.transaction.TransactionUtil.begin(TransactionUtil.java:159) at org.ofbiz.entity.transaction.TransactionUtil.begin(TransactionUtil.java:127) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:388) ... 60 more Caused by: java.lang.IllegalArgumentException: Error running script at location [component://ecommerce/webapp/ecommerce/WEB-INF/actions/CONew2016/bestpractices/article_detail/trainings_articleDetail.groovy]: javax.script.ScriptException: java.lang.NullPointerException: Cannot invoke method getString() on null object at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:348) at org.ofbiz.base.util.ScriptUtil.executeScript(ScriptUtil.java:324) at org.ofbiz.widget.ModelWidgetAction$Script.runAction(ModelWidgetAction.java:416) at org.ofbiz.widget.ModelWidgetAction.runSubActions(ModelWidgetAction.java:116) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:184) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:135) at org.ofbiz.widget.screen.ScreenRenderer.render(ScreenRenderer.java:97) at sun.reflect.GeneratedMethodAccessor70.invoke(Unknown Source) at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43) at java.lang.reflect.Method.invoke(Method.java:498) at freemarker.ext.beans.BeansWrapper.invokeMethod(BeansWrapper.java:866) at freemarker.ext.beans.OverloadedMethodModel.exec(OverloadedMethodModel.java:104) at freemarker.core.MethodCall._getAsTemplateModel(MethodCall.java:93) at freemarker.core.Expression.getAsTemplateModel(Expression.java:89) at freemarker.core.Expression.getStringValue(Expression.java:93) at freemarker.core.DollarVariable.accept(DollarVariable.java:76) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.MixedContent.accept(MixedContent.java:92) at freemarker.core.Environment.visit(Environment.java:221) at freemarker.core.Environment.process(Environment.java:199) at org.ofbiz.base.util.template.FreeMarkerWorker.renderTemplate(FreeMarkerWorker.java:257) at org.ofbiz.widget.screen.HtmlWidget.renderHtmlTemplate(HtmlWidget.java:225) at org.ofbiz.widget.screen.HtmlWidget$HtmlTemplate.renderWidgetString(HtmlWidget.java:270) at org.ofbiz.widget.screen.HtmlWidget.renderWidgetString(HtmlWidget.java:130) at org.ofbiz.widget.screen.ModelScreenWidget$PlatformSpecific.renderWidgetString(ModelScreenWidget.java:920) at org.ofbiz.widget.screen.ModelScreenWidget.renderSubWidgetsString(ModelScreenWidget.java:104) at org.ofbiz.widget.screen.ModelScreenWidget$Section.renderWidgetString(ModelScreenWidget.java:191) at org.ofbiz.widget.screen.ModelScreen.renderScreenString(ModelScreen.java:396) ... 60 more