ABN AMRO sends its counterparties that are classified as financial counterparties that exceed the clearing threshold (FC’s+) and non-financial counterparties that exceed the clearing threshold (NFC’s+) an ISDA/FIA Europe Cleared Derivatives Execution Agreement. In this agreement a number of procedures is described. For example, what has to happen when a transaction that has to be centrally cleared cannot be centrally cleared and specifying details on how to unwind the transaction.