Related provisions for INSPRU 3.2.40

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COLL 5.4.6RRP
(1) Collateral is adequate for the purposes of this section only if it is:(a) transferred to the depositary or its agent;(b) at least equal in value, at the time of the transfer to the depositary, to the value of the securities transferred by the depositary; and(c) in the form of one or more of:(i) cash; or(ii) government and public securities; or(iii) a certificate of deposit; or(iv) a letter of credit; or(v) a readily realisable security.(2) Collateral is sufficiently immediate