For each OTC Derivative transaction or long settlement transaction which is not covered by a qualifying cross-product Netting agreement, an Authorised Firm should calculate E for the pre-settlement Counterparty Exposure arising from that OTC Derivative transaction or long settlement transaction using the method set out in sections
[PIB A4.6] to [PIB A4.8].
Derived from RM111/2012
(Made 15th October 2012). [VER20/12-12]