Thu, Sep 19, 2019Event Details for Understanding Variation Margin (VM) Regulations and the 2016 ISDA Credit Support Annex for VM Register Now for Understanding Variation Margin (VM) Regulations and the 2016 ISDA Credit Support Annex for VM
7 CLE Credit Hours Available (New York)
Transitional and Nontransitional
7 CPE Credit Hours Available
Tags: Documentation, Legal
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Wednesday, September 18, 2019Print Agenda Understanding the ISDA Master Agreements for
8:15 AM Registration and Continental Breakfast
8:45 AM Introduction and Welcoming Remarks Frederick O. Quenzer
9:00 AM The 2002 ISDA Master Agreement David Felsenthal, Ilene K. Froom, Ray Shirazi
- Section-by-section analysis of the 2002 ISDA Master Agreement
- Discussion of key differences between the 2002 ISDA Master Agreement and the
1992 ISDA Master Agreement
- Measures of damages and close-out methodologies
- Events of Default and Termination Events
- Counterparty default management
- Set-Off provision
- Interest Rate provisions
- Close-Out Amount Protocol
Ilene K. Froom, Partner, Reed Smith LLP
Ray Shirazi, Partner, Cadwalader, Wickersham & Taft LLP
10:15 AM Morning Break
10:45 AM The 2002 ISDA Master Agreement (continued)
12:15 PM Luncheon
1:15 PM Negotiating the Schedule to the 2002 ISDA Master Agreement Ian Cuillerier, Ilene K. Froom
This session will focus on key issues that firms typically negotiate in their Schedule to the 2002 Agreement. Frequently negotiated Schedule provisions will be discussed:
- Elections (e.g., Governing Law, Termination Currency)
- Automatic Early Termination
- Specified Entities
- Credit Support Documents and Credit Support Providers
- Expansions and contractions of defined terms (e.g., Specified Transactions)
- Cross Default and Threshold Amounts
- Additional Termination Events
- What are some examples and why do parties include these?
Ilene K. Froom, Partner, Reed Smith LLP
3:00 PM Afternoon Break
3:15 PM Recent and Upcoming Changes to ISDA Documentation Douglas J. Donahue, Alexis Pederson, Dan Vogel
This session will cover the following:
- Impact of Regulation
- Interest Rate Reform
- Impact of Technology
- ISDA Amend
- ISDA Create
Alexis Pederson, Senior Company Counsel, Wells Fargo
Dan Vogel, Head of Financial Regulation, Legal, Bloomberg L.P.
4:45 PM Conference Concludes
Agenda is subject to change.
VenueBack to Top
ISDA Conference Center, 10 East 53rd Street (entrance on 52nd and 53rd Street), 8th Floor, New York, NY 10022, Phone: +1 (212) 901-6000. Please find a map to the venue here.
ISDA has a special rate available at the Omni Berkshire Place, 21 East 52nd Street, New York, NY 10022, +1 212-753-5800, located on the same block as the ISDA Conference Center. For reservations online click here OR call the Reservation Center at +1 800-843-6664 and mention the International Swaps and Derivatives Association, Inc. (ISDA) special rate. ISDA’s special rate is based on availability at the time of booking.
SpeakersBack to Top
White & Case LLP
Douglas J. Donahue
Clifford Chance US LLP
Ilene K. Froom
Reed Smith LLP
Senior Company Counsel
Frederick O. Quenzer
Assistant General Counsel
Cadwalader, Wickersham & Taft LLP
Head of Financial Regulation, Legal
PricingBack to Top
Registration fee is for one person to attend the entire event. Pass may not be split between multiple attendees.
Groups of three or more attendees from the same firm can receive a 20% discount on event registrations. To register your group, please email email@example.com prior to the event.
Receive a special discount of 20% for one person to attend all 3 Back to Basics courses – the Fundamentals of Derivatives, Understanding the ISDA Master Agreements and Understanding Variation Margin and the ISDA CSA for VM courses taking place on September 17, 18 & 19 in NY. To receive this discount, email firstname.lastname@example.org prior to registration. [Registrant must attend all 3 courses. Discount will be void if one or more of the registrations are cancelled]
Member $850 U.S.
Non-Member $975 U.S.
Course LevelBack to Top
Basic knowledge of derivatives documentation is beneficial but not mandatory. Some knowledge of financial markets is assumed. No advance preparation is required.
AccreditationBack to Top
ISDA is an accredited provider of continuing education credits by the following organizations:
ISDA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York.
ISDA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors: 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org