PFE. (A) The PFE for a single OTC derivative contract, including an OTC derivative contract with a nega- tive fair value, is calculated by multi- plying the notional principal amount of the OTC derivative contract by the appropriate conversion factor in Table 1 to this section.
(B) For purposes of calculating either the PFE under this paragraph (b)(1)(ii) or the gross PFE under paragraph (b)(2)(ii)(A) of this section for exchange rate contracts and other similar con- tracts in which the notional principal amount is equivalent to the cash flows, notional principal amount is the net receipts to each party falling due on each value date in each currency.
(C) For an OTC derivative contract that does not fall within one of the specified categories in Table 1 to this section, the PFE must be calculated using the appropriate ‘‘other’’ conver- sion factor.
(D) A Board-regulated institution must use an OTC derivative contract’s effective notional principal amount (that is, the apparent or stated no- tional principal amount multiplied by any multiplier in the OTC derivative contract) rather than the apparent or stated notional principal amount in calculating PFE.
(E) The PFE of the protection pro- vider of a credit derivative is capped at the net present value of the amount of unpaid premiums. TABLE 1 TO § 217.34—CONVERSION FACTOR MATRIX FOR DERIVATIVE CONTRACTS 1 Remaining maturity 2 Interest rate Foreign ex- change rate and gold Credit (invest- ment grade ref- erence asset) 3 Credit (non-invest- ment-grade ref- erence asset) Equity Precious met- als (except gold) Other One year or less ........... 0.00 0.01 0.05 0.10 0.06 0.07 0.10 Greater than one year and less than or equal to five years ............... 0.005 0.05 0.05 0.10 0.08 0.07 0.12 Greater than five years 0.015 0.075 0.05 0.10 0.10 0.08 0.15 1 For a derivative contract with multiple exchanges of principal, the conversion factor is multiplied by the number of remaining payments in the derivative contract.
PFE. The drill will take place on site in November 2021 and will be planned and conducted with the cooperation of the « Postgraduate program environmental disaster and crises management strategies » of the National & Kapodistrian University of Athens ,E.P.P.O., ECFF, the local authorities and the stakeholders. 1. Planning and participating in the Drill: “Evacuation of the old town of Xxxxxx” 2. Planning and participating in the Drill: “Fire Scenario in the Valley of the Butterflies” 3. Removal of the debris 4. Debriefing of the exercises. 5. Lessons learnt. Partner 1: E.C.F.F. (tbc) Planning and participating in the Drill: “Fire Scenario in the Valley of the Butterflies” Debriefing of the exercise. Lessons learnt
