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Handle with care—new ICMA GMRA opinions

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Published on: 16 April 2014

Published by a LexisNexis Banking & Finance expert

Table of contents

Original news
What are the key features of the latest legal opinions?
How will the legal opinion affect netting provisions for regulatory capital and large exposure requirements?
How should people approach the legal opinions?
Will this affect the approach towards the GMRA?
How do the legal opinions assist in the fulfilment of regulatory requirements?
What should lawyers do next?

Article summary

Banking & Finance analysis: What are the implications of the latest International Capital and Markets Association (ICMA) legal opinions on regulated entities? Guy Usher, head of derivatives & structured finance at Field Fisher Waterhouse explains how the extension of the jurisdictional and entity type coverage of the opinions assists regulated entities.

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