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Version date: 1 January 2014 - 27 June 2021
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Article 279 Treatment of collateral

For the determination of risk positions, institutions shall treat collateral as follows:

(a) collateral received from a counterparty shall be treated as an obligation to the counterparty under a derivative contract (short position) that is due on the day the determination is made;

(b) collateral posted with the counterparty shall be treated as claim on the counterparty (long position) that is due on the day the determination is made.