ISDA Regulatory Margin Self-Disclosure Letter – Australia

The ISDA Regulatory Margin Self-Disclosure Letter -Australian Supplement published on December 23, 2016 is intended to assist market participants with the exchange of the information necessary to determine if, and when, their trading relationship will become subject to regulatory margin requirements for uncleared swaps in Australia.

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...