Discover essential resources and expert insights designed specifically for legal professionals navigating the complexities of derivatives. Stay ahead in a fast-evolving sector with practical guidance, regulatory updates, and best practices to effectively advise your clients and manage risk.
The Council of the EU and the European Parliament have reached provisional political agreement on measures to revive and simplify the EU’s...
This week's edition of Banking and Finance weekly highlights includes: (1) the LMA publishes an article on sustainability-related risk and value in...
The International Sustainability Standards Board (ISSB) is consulting on its proposals (the Exposure Draft IFRS Sustainability Disclosure Practice...
The Loan Market Association (LMA) has published an article examining how financially material sustainability-related factors may influence mainstream...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Foreign exchange (FX) derivativesWhat is a FX derivative?A foreign exchange (FX) derivative is a type of derivative whose payoff depends on the FX...
Types of debt securitiesWhat are debt securities?In the context of the debt capital markets, the term 'debt security' means a financial instrument,...
An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
Credit linked notesWhat is a credit linked note?A credit linked note (CLN) is a funded credit derivative (see Practice Note: What are credit derivatives?). Unlike a credit default swap (which is in essence its unfunded equivalent), a CLN will be reflected on the balance sheet of the issuer of the
ISDA Credit Support Annex: security interest—New York lawUse of the Annex with ISDA Master Agreement and Schedule—the obligation to post collateralBy comparison to the English law Credit Support Annex (CSA) to the ISDA Master Agreement, the New York law CSA makes provision for liabilities to be
Terminating derivatives entered into under an ISDA Master AgreementHow to terminate a derivative transaction that is governed by an ISDA Master Agreement?If an ISDA contract is going to be terminated, it is important to ensure that the terms of the ISDA Master Agreement that relate to termination
Foreign exchange (FX) derivativesWhat is a FX derivative?A foreign exchange (FX) derivative is a type of derivative whose payoff depends on the FX rates of two or more currencies. The market for FX is measured in trillions of dollars, and includes a substantial amount of FX derivative contracts.
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