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Opinion: Curacao, Aruba, St. Maarten - Clearing Members Reliance

Law Firm: Clifford Chance

Contact: Frank G.B. Graaf Send Email

Status: completed

Documents (1) for ISDA India Derivatives Markets Forum: Scott O’Malia Opening Remarks

ISDA 2018 U.S. Resolution Stay Protocol

The ISDA 2018 U.S. Resolution Stay Protocol was created to allow market participants to comply with regulations issued by the Board of Governors of the Federal Reserve System (12 C.F.R. §§ 252.2, 252.81-88), the Federal Deposit Insurance Corporation (12 C.F.R. §§ 382.1-7) and the Office of the Comptroller of the Currency (12 C.F.R. §§ 47.1-8) (US Stay Regulations). The US Stay Regulations impose requirements on the terms of swaps, repos and other qualified financial contracts of global systemically important banking organizations.