Amendment to the ISDA Master Agreement for use in relation to Section 2(a)(iii) and explanatory memorandum

Amendment to the ISDA Master Agreement for use in relation to Section 2(a)(iii) and explanatory memorandum

ISDA has today published the Amendment to the ISDA Master Agreement for use in relation to Section 2(a)(iii) for market participants who wish to amend their ISDA Master Agreements to insert a time limit on the operation of that provision in circumstances where an event of default has occurred in relation to one of the parties. Alongside this Amendment, ISDA has published an explanatory memorandum. Both documents are available for free download in the ISDA Bookstore.

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...