4.9.1 Conclusion of an SFT
92. If an SFT that is concluded is subsequently terminated (incl. when it is terminated due to a settlement failure), then the counterparties after reporting it with Action type "New", should report it with Action Type "Termination/Early Termination). If the original SFT was reported with the Action Type "Position Component" and is subsequently terminated, the counterparties should not send a report with Action Type "Termination/Early Termination" for the original SFT, however the counterparties should send a report with Action Type "Modification" for the position in which the original SFT was included in order to remove this SFT from the position.
93. Action type "Error" should only be used to cancel the transactions that never came into existence or that are out of the scope of the reporting obligation under SFTR. In the specific scenario where the counterparties agree to conclude a transaction which is conditional upon registration with the CCP and the CCP
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