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PIB 4.9.4

(1) For each off-balance sheet item other than a pre-settlement CounterpartyExposure arising from an OTC Derivative transaction, long settlement transaction or securities financing transaction (referred to in PIB as an "SFT"), an Authorised Firm must calculate E by:
(a) in the case of an Early AmortisationExposure, multiplying the amount of investors' interest by the applicable CCF set out in Rules PIB A4.2.1 and PIB A4.2.2 in PIB App4; and
(b) in all other cases, multiplying the notional amount of each item by:
(i) the applicable CCF set out in PIB Rule A4.2.1 in PIB App4 if that item is a CR Exposure; or
(ii) the applicable CCF set out in PIB Rule A4.2.2 in PIB App4 if that item is an SE Exposure.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]