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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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  1. Point in time
    2007-02-05

capital market-driven transaction

48(in accordance with point 2 of Part 1 of Annex VIII of the Banking Consolidation Directive (Eligible forms of credit risk mitigation)) any transaction giving rise to an exposure secured by collateral which includes a provision conferring upon the person with the exposure the right to receive margin frequently.