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physical transfer of funds between currencies, it locations one other burden on firms with incredibly improved disclosures of their liabilities.

 

Where currencies are managed exceptionally, but as a element of a exact grasp account, the liabilities associated with every forex position would have to be disclosed, and have an equity capital distribution set against them, most likely starting from 11% to 13%.

 

So far as banks offering notional money pooling to customers are concerned (though they are

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