ACI
3I0-012 · Question #510
3I0-012 Question #510: Real Exam Question with Answer & Explanation
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Question
When initially negotiating an interest rate swap, a principal indicated his intention to assign it to a third party. In executing such a transfer:
Options
- AThe principal is entitled to provide the name of the original counterparty to the transferee.
- BThe principal is entitled to provide the name of the transferee to the original counterparty.
- CThe principal should obtain the consent of the transferee before releasing its name.
- DThe principal should obtain the consent of the original counterparty before releasing its name to the transferee.
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