2021 ISDA Opinion Updates

The below table provides a high level summary of the status of updates to ISDA’s netting, collateral and principal-to-principal clearing opinions in 2021. To access the most recent opinions, please visit our opinions library.  If you have any questions, please reach out to the appropriate jurisdiction contact listed at the end of the below table.

 

Country Counsel Opinion Type Update Status* Comments
Anguilla Harneys Netting, Collateral Q4
Argentina Estudio O’Farrell Netting Update published in 2021
Armenia TK & Partners Netting Q4
Australia King & Wood Mallesons Netting, Collateral, CM Reliance, Client Reliance Q4
Austria Schoenherr Rechtsanwaelte GmbH Netting, CM Reliance Q4
DLA Piper Weiss-Tessbach Collateral Q4
Bahamas Higgs & Johnson Netting, Collateral, CM Reliance Update published in 2021
Barbados Chancery Chambers Netting, Collateral Q3
Belgium DLA Piper Netting, CM Reliance, Client Reliance Q4
Loyens & Loeff Advocaten – Avocats Collateral Q4
Bermuda

 

Appleby Netting Q1
Harneys Collateral, CM Reliance Q4
Brazil Pinheiro Neto Advogados Netting, Collateral, CM Reliance Q3
British Virgin Islands Harneys Netting, Collateral, CM Reliance, Client Reliance Q3
Canada Osler Netting, Collateral, CM Reliance Q4
Canada (Quebec) Stikeman Collateral Q4
Cayman Islands Maples and Calder Netting, Collateral, CM Reliance, Client Reliance Q3
Chile Carey y Cia Ltda Collateral Q3
Carey y Cia Ltda Netting, CM Reliance  Netting opinion published in 2021
Colombia Gomez-Pinzon Netting, Collateral, CM Reliance Q3
Croatia Schoenherr Rechtsanwaelte GmbH Netting Update published in 2021
Curacao, Aruba, St. Maarten Clifford Chance LLP Netting, Collateral, CM Reliance Q4
Cyprus Harneys Netting, Collateral, CM Reliance Update published in 2021
Czech Republic Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Denmark Gorrissen Federspiel Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
England and Wales Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Finland DLA Piper Finland Collateral Q2
Hannes Snellman Netting, CM Reliance Update published in 2021
France Jones Day Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Georgia Dentons Netting Update published in 2021
Germany Clifford Chance Deutschland LLP CM Reliance, Client Reliance Q2
Linklaters Netting, Collateral Update published in 2021
Greece Karatzas & Partners Netting, Collateral, CM Reliance Pending
Guernsey Ogier Netting, Collateral, CM Reliance Update published in 2021
Hong Kong Linklaters Netting, Collateral, CM Reliance, Client Reliance Q3
Hungary Allen & Overy LLP Collateral, CM Reliance, Client Reliance Update published in 2021
Allen & Overy LLP Netting Update published in 2021
Iceland Logos Netting, Collateral, CM Reliance Q3
India Juris Corp Netting Update published in 2021
Juris Corp Collateral, CM Reliance Pending
Indonesia Armand Yapsunto Muharamsyah & Partners Netting, Collateral Pending
Ireland McCann Fitzgerald Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Israel Yigal Arnon & Co. Collateral Q3
Meitar Liquornik Geva Lesham Tal Netting, CM Reliance Pending
Italy Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Q3
Japan Linklaters Netting, Collateral, CM Reliance Q4
Jersey Ogier Netting, Collateral, CM Reliance Q4
Liechtenstein  Gasser & Partner Netting, Collateral  Update published in 2021
Lithuania  Sorainen Netting  Update published in 2021
Luxembourg Linklaters LLP Collateral Q2
Allen & Overy Netting, CM Reliance, Client Reliance Update published in 2021
Malaysia Shearn Delamore and Co Netting, Collateral, CM Reliance Q4
Malta GANADO Advocates Netting, Collateral, CM Reliance Pending
Mauritius Appleby Global Netting, Collateral Collateral opinions published in 2021
Mexico Ritch Mueller Netting, Collateral, CM Reliance Q3
Netherlands NautaDutilh N.V., the Netherlands Collateral, CM Reliance, Client Reliance Pending
De Brauw Blackstone Westbroek Netting Q3
New Zealand Bell Gully Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Nigeria G. Elias & Co Netting New opinion published in 2021
Norway Wiersholm Netting, Collateral, CM Reliance Q4
Peru Baker & McKenzie Netting, Collateral, CM Reliance Update published in 2021
Philippines Morales & Justiniano Netting, Collateral, CM Reliance Update published in 2021
Poland Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Pending
Portugal PLEN Sociedade de Advogados, RL Netting Update published in 2021
CARDIGOS e Associados Collateral, CM Reliance Update published in 2021
Qatar (QFC) Simmons & Simmons Netting Update published in 2021
Romania Leroy si Asociatii Netting, Collateral, CM Reliance Pending
Russia Clifford Chance Netting, Collateral Netting opinion published in 2021 Collateral opinions being revised by counsel
Scotland CMS Cameron McKenna Netting, Collateral, CM Reliance, Client Reliance Q3
Serbia Schoenherr Netting Update published in 2021
Singapore Allen & Gledhill LLP Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Slovakia Allen & Overy Bratislava s.r.o. Netting Update published in 2021
Slovenia Boštjan Špec, odvetnik Collateral, CM Reliance Pending
Boštjan Špec, odvetnik Netting Pending
South Africa Cliffe Dekker Hofmeyr Inc. Netting Update published in 2021
Cliffe Dekker Hofmeyr Inc. Collateral, CM Reliance Pending
South Korea Kim & Chang Netting, Collateral, CM Reliance Collateral opinions published in 2021
Spain Clifford Chance Netting, Collateral Netting opinion published in 2021 Opinions commissioned from new counsel
Alarde CM Reliance, Client Reliance Q4
Sweden Wistrand Advokatbyrå Göteborg KB Netting, CM Reliance, Client Reliance Update published in 2021
Mannheimer Swartling Collateral Update published in 2021
Switzerland Lenz & Staehelin Netting, Collateral, CM Reliance, Client Reliance Update published in 2021
Taiwan Russin & Vecchi Netting, Collateral, CM Reliance Collateral opinions published in 2021
Thailand Baker & McKenzie Netting, Collateral, CM Reliance Update published in 2021
Turkey Pekin & Pekin Netting, Collateral, CM Reliance, Client Reliance  Q4
UAE (ADGM) Shearman & Sterling Collateral Update published in 2021
Shearman & Sterling Netting  Update published in 2021
UAE (DIFC free zone) Clifford Chance Netting Update published in 2021
UAE (Federal) Clifford Chance Netting Update published in 2021
USA Sidley Austin LLP Opinions for Insurance Companies (CT,DE,IL,IN,IA,MA,MN,NY,VA) Q4
Mayer Brown LLP Netting, Collateral Q4
* The date refers to the period the update to the opinion will be commissioned.

 

ISDA Contacts

 

If you require further information on any of the above jurisdictions, please contact the relevant contact below for your jurisdiction of interest.

Europe, the Middle East & Africa – Annabel Akintomide

Americas – Megan O’Flynn and Fred Quenzer

Australasia  – Jing Gu and Monica Chiu

For general opinion queries, please contact Annabel Akintomide and Breda Walsh.