If a dealer has any intention of assigning an interest rate swap to a third...

ACI 3I0-012 Question Answer

If a dealer has any intention of assigning an interest rate swap to a third party soon after transacting that swap:

The dealer should not reveal his future dealing intentions to his counterparty.

The dealer should make his intention to assign clear before transacting.

The dealer should agree the method of assignment before transacting.

The counterparty should specify whether or not assignment would be acceptable in negotiations.

3I0-012 PDF/Engine

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