+Article 4b 2.

Article 4b 2.

A PTRR transaction shall only be exempted from the clearing obligation referred to in Article 4(1) where:

(a) 

the entity performing the PTRR exercise (‘PTRR service provider’) complies with the requirements set out under paragraphs 3 and 4 of this Article; and

(b) 

each participant in the PTRR exercise complies with the requirements under paragraph 3 of this Article.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards