Book traversal links for 3.b. Sale Accounting Transactions
3.b. Sale Accounting Transactions
C 52/2017 STA Effective from 1/12/202246.Where sale accounting is achieved for an SFT under the bank’s operative accounting framework, the bank must reverse all sales-related accounting entries, and then calculate its exposure as if the SFT had been treated as a financing transaction under the operative accounting framework (i.e. the bank must include the sum of amounts in paragraphs 45 and 46 for such an SFT) for the purpose of determining its leverage ratio exposure measure.