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PRR683
Summary
| Title | Reduce Timeline for Notice and Cure and Create a Working Credit Limit |
|---|---|
| Next Group | |
| Next Step | |
| Status | Rejected on 09/21/2006 |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 09/21/2006 | PRS | Rejected |
Background
| Status: | Rejected |
|---|---|
| Date Posted: | Aug 16, 2006 |
| Sponsor: | Credit WG |
| Urgent: | No |
| Sections: | 22 Attachments B, C and H; 16.2.8, 16.2.9 |
| Description: | “ Reduces time to post collateral from two Bank Business Days to one - Creates a working credit limit which allows an entity to utilize up to 85% of posted collateral + unsecured credit limit (rather than 100 |
| Reason: | This revision will further reduce credit exposure. |
Key Documents
Aug 16, 2006 - doc - 115 KB
Aug 28, 2006 - doc - 107.5 KB
Sep 5, 2006 - doc - 60.5 KB
Sep 6, 2006 - doc - 45 KB
Sep 20, 2006 - doc - 130 KB
Sep 26, 2006 - doc - 103.5 KB
Sep 21, 2006 - xls - 112.5 KB