• PRU 4.13.7 PRU 4.13.7

    In the case of any Counterparty Risk Exposures in Rules 4.13.5 and 4.13.6 arising from an SFT which are included in the Trading Book, eligible financial Collateral includes all instruments which an Authorised Person may include in its Trading Book.

    • Guidance

      For an Authorised Person using Units of a Fund under the FCSA approach, the use or potential use by that Fund of Derivative instruments solely to hedge Investments listed in Rule 4.13.5 should not preclude the Units in that Fund from being recognised as eligible financial Collateral.