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Version date: 23 October 2023 - onwards

4.4.4 Additional considerations on the reporting of currencies (para. 432)

432. The reporting of the direction of the derivative and of the currencies involved should be done by parties taking into account their own booking irrespective of the other party booking. Consequently the direction and the order of currencies may vary in the reporting. Such difference should be managed by TRs in their reconciliation process so that direction of the derivative is considered based on the currencies provided in the reporting.