The maximum loss that an Authorised Firm (and, where applicable, its PSIA holders) might suffer as a result of the default or failure of a Counterparty, or a group of Closely RelatedCounterparties or an issuer or group of Closely Related issuers.
Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]
