P248 Aligning Balancing Settlement Code (BSC) requirements for further interest calculations with the Funds Administration Agent (FAA) calculation method and P235 principles

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This modification proposal aligns the BSC text with the existing systems process for calculating interest on various trading charges retrospectively based on the principle of improving fairness and accuracy.

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P248 Aligning Balancing Settlement Code (BSC) requirements for further interest calculations with the Funds Administration Agent (FAA) calculation method and P235 principles [PDF, 173.10KB]