Reset to Today

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

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2023-09-29.

Timeline guidance

Alternative versions

  1. Point in time
    2023-09-29

MCD contingent liability or guarantee

99an MCD credit agreement which acts as a guarantee to another separate, but ancillary, transaction and where the capital secured against an immovable property is only drawn down if an event specified in the contract occurs.[Note: article 4(24) of the MCD]