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CITY OF PHILADELPHIA BOARD OF REVISION OF TAXES Curtis Center 601 Walnut Street Suite 300 PHILADELPHIA, PA 19106 (215) 686-9270 GENERAL INSTRUCTIONS TO FILE AN APPLICATION FOR THE ABATEMENT OF REAL

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What is otc 905 form?

The OTC 905 form is a form used for reporting information related to the establishment and termination of certain financial contracts to the Office of the Comptroller of the Currency (OTC).

Who is required to file otc 905 form?

Financial institutions that engage in certain financial contracts are required to file the OTC 905 form.

How to fill out otc 905 form?

To fill out the OTC 905 form, you need to provide information such as the identification of the financial contract, details of the contract parties, contract terms, and any relevant termination information. The specific instructions for filling out the form can be found in the official guidance provided by the Office of the Comptroller of the Currency (OTC).

What is the purpose of otc 905 form?

The purpose of the OTC 905 form is to collect data and monitor the risks associated with certain financial contracts. It helps regulatory authorities in understanding the prevalence and characteristics of these contracts, enabling them to assess potential risks to the financial system.

What information must be reported on otc 905 form?

The OTC 905 form requires reporting of information such as the type of financial contract, counterparty details, contract terms, valuation, collateral, and termination information.

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