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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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    2016-04-04

counterparty risk

118(in COLL and FUND148) the risk of loss for a UCITS or an AIF148 resulting from the fact that the counterparty to a transaction may default on its obligations prior to the final settlement of the transaction's cash flow.