'Currency swap' means a derivative contract by which the two counterparties solely exchange the principal (and any interest) payments in one currency for the principal (and any interest) payments in another currency at some points in the future according to a specified formula.

 

 

 

 

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EMIR and BCBS-IOSCO legal frameworks for collateral

 

 

 

 

 

 

 

 

 

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