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PIB 4.14.57 Guidance

In relation to PIB Rule 4.14.57(c), the Authorised Firm should also consider whether a line, or facility, is committed or uncommitted. A line is considered to be uncommitted if it is unconditionally cancellable without prior notice by the Authorised Firm. They also differ according to whether the Securitised Exposures are committed retail credit lines or credit lines (such as revolving credit facilities).

Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]