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Netting in Financial Markets Transactions

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Corporations and Markets Advisory Committee
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This report was produced by the Corporations and Markets Advisory Committee. View further information about the Committee and it's other publications.

This Report proposes the enactment of legislation, as a matter of priority, to clarify the law of netting over a range of financial contracts, including on-exchange and OTC derivatives transactions. The proposed facilitative netting legislation is set out and explained in this Report.