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Figure 3 provides an example of what the connections between financial institutions related to these sorts of complex instruments could look like, depending on the circumstances, in the run-up to the financial crisis of 2007-8.
At the end of our discussion, we agreed to work on SEC-200 first, as a precursor to some of the other work, and with respect to ACTUS, to continue working on the mapping for some of the simpler contract types and related attributes.
We also raised SEC-201 to continue the work on our ACTUS controlled vocabulary.
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