ISDA Responds to HM Treasury’s Call for Evidence on the UK Overseas Framework

On March 11, ISDA responded to HM Treasury’s Call for Evidence on the Overseas Framework. In the response, ISDA highlights some areas of complexity that would benefit from either clarification through additional guidance or simplification, such as the regulation of market infrastructure and equivalence decisions.

Documents (1) for ISDA Responds to HM Treasury’s Call for Evidence on the UK Overseas Framework

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...