# The Insurance Companies (Amendment) Regulations 1995, Paragraph 13: Calculation of exposure to a counterparty


Subject to paragraphs 14 and 15 below, the value of all investments (determined in accordance with regulation 51 above) issued by any one counterparty and the value of all rights (determined in accordance with regulations 48, 55 and 56 above) against that counterparty, in each case up to the amount of the appropriate permitted asset exposure limit, shall be aggregated. Where the counterparty is an issuer of a collective investment scheme falling within paragraph (c) of regulation 52 above, the value of units or other beneficial interest in the collective investment scheme shall be included.

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Source: https://www.legislation.gov.uk/uksi/1995/3248/schedule/2/part/I/paragraph/13 (the official version)
Page: https://openlegislation.uk/insurance-companies-amendment-regulations-1995/schedule-2/part-I/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.