COLL 7.4.11 Delivery of Property Under Transactions in Derivatives and Forward Transactions—QFC Retail Schemes

A transaction in a derivative or a forward transaction by a QFC retail scheme that will or could lead to the delivery of property for the scheme may be entered into only if—

(a) the property can be held for the scheme; and
(b) the operator, having taken reasonable care, decides that delivery of the property under the transaction will not happen or will not lead to a breach of these rules.

Note Property and breach are defined in the glossary.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)