QA2017-17 - Guidance T03.01 / T04.00 / T06.00

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QA2017-17

Question


It is not clear what the difference between ‘structured’ and ‘non-standard terms’ would be. Specific guidance on this is requested in order to select the appropriate drop-down item?


Response


The term 'structured' refers to the valuation of the instrument, which is not a simple interest bearing instrument for example. The term 'non-standard terms' relates to other than the remuneration/valuation structure and could include early reimbursement clauses, Material Adverse Change (MAC) clauses, etc.