CONSTITUTION OF THE DETERMINATIONS COMMITTEES

Under the terms of the 2003 ISDA Credit Derivatives Definitions, as amended by the March 2009 Supplement or the July 2009 Supplement, ISDA's Credit Derivatives Determinations Committees (the “Committees”) make binding determinations for issues such as whether a Credit Event has occurred; whether an auction will be held; and whether a particular obligation is deliverable pursuant to the DC Rules, as published on the ISDA website at www.isda.org/credit (the “Rules”).

The Rules include a process for determining the constitution of the Committees in respect of each Region for the coming year: this process is now underway. 

Market participants who are involved in this process should refer to the relevant sections of the Rules so that they are familiar with this process and able to comply with the requirements and deadlines set out therein.

Capitalised terms used on this page have the meaning given to them in the Rules.

Non-dealers

• Non-dealer Committee List
• List of Participating Non-dealer Institutions
• Form of request to join the Non-dealer Committee (and, if applicable, notify the DC Secretary of intention to be considered for membership on the Committees)
• Form of letter for existing member of the Non-dealer Committee to provide annual certification as of 1 March 2010 as required by Schedule 2 to the DC Rules
  

Dealers

• Trading Volume Data Guidelines
• List of Participating Dealer Institutions
• Form of letter for a Dealer to notify the DC Secretary of its intention to be considered for membership on the Committees