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.
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
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
What is credit support and how is it used in the ISDA credit support documentation?What is credit support?Credit support is a means of a party reducing its credit risk on its counterparty. Credit support arrangements are also known as 'financial collateral arrangements', 'margin arrangements',
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