Hong Kong

ISDA submission to Hong Kong Monetary Authority on the Hong Kong Monetary Authority’s consultation on Resolution Regime – Code of Practice ST-1 “Resolution Planning – Contractual Recognition of Suspension of Termination Rights”.

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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...