ISDA Response to the DSB Consultation Papers 1 and 2 on the UPI Fee Model

ISDA’s response to the Derivatives Service Bureau (DSB) Consultation Papers on the UPI Fee Model: ‘Industry Views Sought on the Principles Underlying the Fee Model for the Unique Product Identifier Service, submitted 5 March 2021; and Consultation Paper 2 ‘Follow up Proposals on the Principles Underlying the Fee Model for the Unique Product Identifier (UPI) Service – based on Industry Feedback to First Consultation Paper’, submitted 9 July 2021.

Tags:

,

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...