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.
Banking and Finance analysis: The Commercial Court dismissed competing applications arising from parallel English and Singapore proceedings under ship...
The Financial Conduct Authority (FCA) and the Bank of England (BoE) are seeking industry views on where existing rules and infrastructure support or...
The Loan Market Association (LMA) has published its response to consultations by the Financial Conduct Authority (FCA) and Prudential Regulation...
The Association for Financial Markets in Europe (AFME), the European DataWarehouse and True Sale International have published their tenth biannual...
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...
A negotiation guide for the 2002 ISDA ScheduleWhat is the ISDA Schedule?The International Swaps and Derivatives Association (ISDA) documentation framework involves layers of documentation (often referred to as the ISDA documentation architecture). The key layers of the documentation for a trade
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
Total return swap (TRS) structure diagramHow does a total return swap work?•The TRS payer (protection seller) is, for example, a bank, A, and the TRS receiver (protection buyer) is, for example, a hedge fund, insurance company, pension scheme, UCITS or other investment fund, B.•A holds the reference
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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