EBU Single Rulebook Q&A 3 March 2020 2020_5148 Recognition of collateral substitution rights in secured funding transactions

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European Union · · · 30-09-2022

Could credit institutions recognise substitution rights on secured funding trades and include any collateral that can be substituted as an unencumbered asset on the reporting date? Post substitution the collateral is free of any encumbrance.

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