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The end of narrowly tailored credit events?

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Published on: 05 September 2019

Published by a LexisNexis Banking & Finance expert

Table of contents

What issues are ISDA trying to address in the NTCE Supplement?
What amendments does the NTCE Supplement make to the 2014 Definitions to deal with Narrowly Tailored Credit Events?
What other amendments does the NTCE Supplement make to the 2014 Definitions?
How has the market reacted to the NTCE Supplement? Are any problems still outstanding that have not been addressed by the NTCE Supplement?

Article summary

Banking & Finance analysis: Colin Rice, partner and head of the Asian derivatives & structured products team at Norton Rose Fulbright, discusses International Swaps and Derivatives Association’s (ISDA’s) recently published 2019 Narrowly Tailored Credit Event Supplement to the 2014 ISDA Credit Derivatives Definitions.

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