ACI
3I0-013 · Question #299
If not mentioned in the master agreement, the operational process should be supported by establishing a legally binding netting agreement. What do parties not need to agree upon?
The correct answer is B. Cut-off times. See the full explanation below for the reasoning.
Question
If not mentioned in the master agreement, the operational process should be supported by establishing a legally binding netting agreement. What do parties not need to agree upon?
Options
- AConfirmation procedures
- BCut-off times
- CProcedures for confirming bilateral net amounts
- DAlternative procedures in case netting cannot be performed
How the community answered
(35 responses)- A6% (2)
- B77% (27)
- C14% (5)
- D3% (1)
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