JAC response to HM Treasury & Department for Business Innovation and Skills on Banking reform: draft secondary legislation

On October 9, the JAC responded to the consultation issued by HM Treasury & Department for Business Innovation and Skills on Banking reform: draft secondary legislation (issued in July) in relation to structured issues. The response strongly considers that ring-fenced banks must be able to distribute structured products, and, in addition, issue structured products provided that issuance is consistent with the limitations on simple derivatives.

Documents (1) for JAC response to HM Treasury & Department for Business Innovation and Skills on Banking reform: draft secondary legislation

ISDA Presents Lock-Up Agreement Proposal

ISDA is pleased to present the proposed Lock-Up Agreements and CDS – Proposed Auction Solution. “Lock-Up Agreements” are market-wide arrangements, broadly standardized and predominantly integrated with court sanctioned restructuring or bankruptcy processes. Numerous end users will sign material Lock-Up Agreements...

Key Trends in OTC Derivatives Market H2 2024

The latest data from the Bank for International Settlements (BIS) over-the-counter (OTC) derivatives statistics shows a modest increase in notional outstanding during the second half of 2024 compared to the same period in 2023. Notional outstanding for interest rate, foreign...