The FSA has published a modification by consent of rules in chapter 7.11 of its Prudential sourcebook for Banks, Building Societies and Investment firms (BIPRU) relating to credit derivatives in the trading book. The rule modification is available until such time as the relevant BIPRU rules are revised by the FSA or 31 December 2008, whichever is the earliest.

View Modification by consent - BIPRU 7.11.26(2) and BIPRU 7.11.39(2), January 2008