Australia

ISDA and AFMA joint submission to Australian Securities and Investments Commission on AUD Forward Rate Agreement (FRA) Mandatory Clearing – Request to the Australian Securities and Investments Commission (“ASIC) for Extension of Relief

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...