Legal News

ISDA publishes EU BRRD Article 55 Bail-In Amendment Agreements

Published on: 17 August 2021
Published by LNB News

LNB News 17/08/2021

Document Information

Issue Date: 17 August 2021

Published Date: 17 August 2021

Jurisdiction(s): United Kingdom

Article summary

The International Swaps and Derivatives Association (ISDA) has made available its EU BRRD Article 55 Bail-In Amendment Agreements (Agency and Principal Versions), which enable financial institutions in EEA jurisdictions which have implemented Article 55 of the EU Bank Recovery and Resolution Directive 2014/59/EU (EU BRRD) to amend their existing non-EEA law-governed master agreements to include contractual recognition of bail-in language.

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