Common Contracts

Determination of Client Money Entitlement: FBF French Master Agreement for Forward Financial Instruments

May 24th, 2012

• Filed
  May 24th, 2012

This paper summarises the approach taken with respect to potential Client Money entitlements of parties (each, a “Creditor”) with whom LBIE had, prior to 07.56am 15 September, 2008, entered into an agreement on terms which are identical to, or sharing the same characteristics as, the Financial Contract, and for whom no Client Money had been segregated in relation to that contract. It assumes that sums paid to LBIE by the Creditor were paid pursuant to the terms of the Financial Contract.