Understanding the ISDA Master Agreements

Regulatory Changes and Impact on ISDA Documentation Including Japanese Issues | ISDA マスター契約コンファレンス

Thursday, July 12, 2018
Fukuracia Marunouchi OAZO | フクラシア丸の内オアゾ
Tokyo

Member $650 U.S.

Non-Member $750 U.S.

Register for Understanding the ISDA Master Agreements

Jump to Section:

Thursday, July 12, 2018

8:30 AM Registration and Morning Coffee | 受付

9:00 AM Welcoming Remarks | 開会の挨拶 Tomoko Morita

Tomoko Morita, Senior Director and Head of Tokyo Office, ISDA

9:10 AM The 2002 ISDA Master Agreement | 2002年版ISDAマスター契約 Motoyasu Fujita, Tatsu Katayama, Seiji Matsuzoe

  • 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 and Compensation provisions
  • Netting Opinions

 

  • 各条項の詳細
  • 1992年版との比較
  • 損害の決定とクローズアウトの方法
  • 期限の利益喪失事由と終了事由
  • カウンターパーティのデフォルト時の対応方法
  • 相殺条項
  • 利息および補償条項
  • ネッティング・オピニオン
Motoyasu Fujita, Partner, Capital Markets Group (Structured Finance & Derivatives), Linklaters LLP
Tatsu Katayama, Partner, Anderson Mori & Tomotsune
Seiji Matsuzoe, Partner, Baker & McKenzie (Gaikokuho Joint Enterprise)

10:50 AM Morning Break | 休憩

10:10 AM The 2002 ISDA Master Agreement (continued)

12:30 PM Luncheon | 昼食

1:40 PM Negotiating the Schedule to the 2002 ISDA Master Agreement | スケジュールの交渉 Moderator: Shimpei Nakada, Toshiyuki Yamamoto

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?

 

  • 選択のポイント(準拠法、終了通貨等)
  • 自動的期限前終了
  • 指定組織
  • 信用保証書類と信用保証提供者
  • 定義された用語の拡大及び縮小
  • クロス・デフォルトと極度額
  • その他の終了事由
  • 追加する条項例とその背景
Moderator: Shimpei Nakada, , Nishimura & Asahi
Toshiyuki Yamamoto, Associate, Nishimura & Asahi

3:10 PM Afternoon Break | 休憩

3:30 PM Regulatory Changes and Impact on ISDA Documentation | 新しい店頭デリバティブ規制のISDAドキュメンテーションへの影響 Yukiko Kido, Akihiro Wani

  • How do Dodd-Frank, EMIR and forthcoming margin rules impact derivatives documentation?
  • How does ISDA Amend facilitate provision of regulatory information?
  • Japanese Issues

 

  • ドッド・フランク、EMIR、証拠金規制がデリバティブ・ドキュメンテーションに及ぼす影響について
  • 規制対応におけるISDAアメンドの役割
  • 本邦参加者に関連する問題
Yukiko Kido, Vice President & Assistant General Counsel, Legal, JPMorgan Securities Japan Co., Ltd.
Akihiro Wani, Senior Counselor, Ito & Mitomi (Registered Associated Offices of Morrison & Foerster LLP)

5:00 PM Conference Concludes | 閉会

Register Now for Understanding the ISDA Master Agreements
Back to Top

Fukuracia Marunouchi OAZO, Marunouchi Kitaguchi Bldg. (OAZO), 15th Floor, 1-6-5, Marunouchi, Chiyoda-ku, Tokyo

フクラシア丸の内オアゾ、東京都千代田区丸の内1-6-5、丸の内北口ビル15階

Back to Top

Motoyasu Fujita

Partner, Capital Markets Group (Structured Finance & Derivatives)

Linklaters LLP

Tatsu Katayama

Partner

Anderson Mori & Tomotsune

Yukiko Kido

Vice President & Assistant General Counsel, Legal

JPMorgan Securities Japan Co., Ltd.

Seiji Matsuzoe

Partner

Baker & McKenzie (Gaikokuho Joint Enterprise)

Tomoko Morita

Senior Director and Head of Tokyo Office

ISDA

Shimpei Nakada

Nishimura & Asahi

Akihiro Wani

Senior Counselor

Ito & Mitomi (Registered Associated Offices of Morrison & Foerster LLP)

Toshiyuki Yamamoto

Associate

Nishimura & Asahi

Back to Top

Introductory

Basic knowledge of derivatives documentation is beneficial but not mandatory. No advance preparation is required.

Back to Top

Follow us @isdaconferences for the latest on upcoming events.

For general questions, including exhibition/sponsorship opportunities, conference topics or location suggestions contact us:

conferences@isda.org | +1 212-901-6000