555. Where a counterparty sends a "EROR" report for its side of the derivative, the TR that has received such report should remove the derivative reported by that counterparty from the TSR. The TR should do so even when the other counterparty reports to the same TR and has not made the same report.

556. The TR should only restore the derivative to the TSR where a report with action type "Revive" has been received and it is compliant with the validation rules and the logical rules included in table under paragraph 554.

Q87. Should the TR remove after 30 calendar days the other side of a derivative for which only one counterparty has reported "Error" and no action type "Revive"? Please detail the reasons for your answer.