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PIB 5.10.1 Guidance

1. This section sets out a framework for calculating the amount of Capital Requirement when an Authorised Firm has commitments to underwrite an issue of Securities, and the associated risk management standards which an Authorised FirmUnderwritingSecurities must meet.
2. Underwriting is defined in the Glossary as an arrangement under which a party agrees to buy, before issue, a specified quantity of Securities in an issue of Securities on a given date and at a given price, if no other party has purchased or acquired them.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]