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    <title>Review of the Securities Lending and Borrowing (SLB) Framework</title>
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    <description>A roll-over facility is introduced into the SLB framework allowing lenders and borrowers to extend positions within the same SLB session, prohibiting netting between a client&#039;s borrowed and lent positions and limiting roll-overs to the original contract plus two rollovers. Liquid Index ETFs are made eligible for SLB subject to liquidity criteria-trading frequency and impact cost-and ETF position limits are to be based on assets under management; exchanges and depositories must implement systems and amend rules accordingly.</description>
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