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Note : Kindly choose the status of functionality from the drop-down menus. NOA 11.11.2 2 2.1Credit Risk Functional requirementStandard (S)/ Alternative Available (A) / Bidder Remarks Customizable
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Haircuts applicable on form refer to adjustments made to the value of collateral or assets that are used in financial transactions to account for potential losses or market fluctuations.
Entities that hold or manage financial assets or collateral, such as banks, investment firms, and other financial institutions, are typically required to file haircuts applicable on form.
To fill out haircuts applicable on form, individuals or institutions must provide detailed information about the assets or collateral, the calculated haircuts, and any relevant data that supports the haircut estimates.
The purpose of haircuts applicable on form is to ensure accurate valuation of assets in financial transactions and to mitigate risks associated with lending and borrowing.
The form must report information such as the type and value of the collateral, the haircuts applied, the rationale for the haircuts, and any underlying market conditions or risks.
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