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ISDA 2014 Resolution Stay Protocol Will Open In A New Tab Or Window.pdf

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Preview of ISDA 2014 Resolution Stay Protocol will open in a new tab or window
🔗 Source: assets.isda.org
📊 Size: 323 KB
📄 Pages: 60 pages
⬇️ Downloads: 124

Summary

The International Swaps and Derivatives Association (ISDA) published the 2014 Resolution Stay Protocol to enable parties to amend the terms of certain agreements to recognize the cross-border application of special resolution regimes for financial companies. Parties can adhere to the protocol by completing and delivering an Adherence Letter to ISDA, which will amend the terms of Covered Master Agreements and Covered Credit Enhancements with other adhering parties. Adherence is irrevocable, except that an Adhering Party can deliver a Revocation Notice to designate the next Annual Revocation Date as the last date on which counterparties may adhere to the protocol. The protocol is intended for use without negotiation and is effective on the date of acceptance by ISDA of an Adherence Letter from the later of two adhering parties.

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Description

The International Swaps and Derivatives Association (ISDA) published the 2014 Resolution Stay Protocol to enable parties to amend the terms of certain...

Technical Information

  • File Format: PDF
  • File Size: 323 KB
  • Pages: 60
  • Language: EN
  • Total Downloads: 124
  • Last Updated: 3 hours ago

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