2024 ISDA Opinion Updates

The below table provides a high-level summary of the status of updates to ISDA’s netting, collateral and principal-to-principal clearing opinions in 2024. To access the most recent opinions, please visit our opinions library.  If you have any questions, please reach out to the appropriate jurisdiction contact listed at the end of the below table.

 

Country Counsel Opinion Type Commission Date*
Andorra Cases & Lacambra Netting Q3
Anguilla Harneys Netting, Collateral Q4
Argentina Estudio O’Farrell Netting, Collateral Q3
Armenia TK & Partners Netting Published
Australia King & Wood Mallesons Netting, Collateral, CM Reliance, Client Reliance Q4
Austria Schoenherr Rechtsanwaelte GmbH Netting, CM Reliance Q2
DLA Piper Weiss-Tessbach Collateral Q2
Bahamas Higgs & Johnson Netting, Collateral, CM Reliance N/A
Barbados Chancery Chambers Netting, Collateral Q3
Belgium DLA Piper CM Reliance, Client Reliance Q4
Loyens & Loeff Advocaten – Avocats Netting, Collateral Q4
Bermuda Appleby Netting Q3
Harneys Collateral, CM Reliance, Client Reliance Q3
Brazil Pinheiro Neto Advogados Netting, Collateral, CM Reliance Q3
British Virgin Islands Harneys Netting, Collateral, CM Reliance, Client Reliance Q4
Canada Osler Netting, Collateral, CM Reliance Q4
Canada (Quebec) Stikeman Collateral Q4
Cayman Islands Maples and Calder Netting, Collateral, CM Reliance, Client Reliance Q3
Chile Carey y Cia Ltda Netting, Collateral Q4
China King & Wood Mallesons Netting, Collateral, CM Reliance Q2
Colombia Gomez-Pinzon Netting, Collateral, CM Reliance Q4
Costa Rica Consortium Legal Netting Q3
Croatia Schoenherr Rechtsanwaelte GmbH Netting, Collateral Q4
Curacao, Aruba, St.  Maarten Clifford Chance LLP Netting, Collateral, CM Reliance, Client Reliance Q4
Cyprus Harneys Netting, Collateral, CM Reliance Q4
Czech Republic Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Q4
Denmark Gorrissen Federspiel Netting, Collateral, CM Reliance, Client Reliance Q3
England and Wales Linklaters Netting, Collateral Q4
Allen & Overy CM Reliance, Client Reliance Q4
Finland DLA Piper Finland Collateral Q4
Hannes Snellman Netting, CM Reliance, Client Reliance Q4
France Jones Day Netting, Collateral, CM Reliance, Client Reliance Q3
Georgia Dentons Netting Q4
Germany Clifford Chance Deutschland LLP CM Reliance, Client Reliance Q4
Linklaters Netting, Collateral Q4
Greece Karatzas & Partners Netting, Collateral, CM Reliance, Client Reliance Q2
Guernsey Ogier Netting, Collateral, CM Reliance Q2
Hong Kong Linklaters Netting, Collateral, CM Reliance, Client Reliance Q4
Hungary Allen & Overy LLP Netting, Collateral, CM Reliance, Client Reliance Q4
Iceland Logos Netting, Collateral, CM Reliance Q4
India Juris Corp Netting, Collateral, CM Reliance Q2
Indonesia Armand Yapsunto Muharamsyah & Partners Netting, Collateral Q4
Ireland McCann Fitzgerald Netting, Collateral, CM Reliance, Client Reliance Q3
Israel Yigal Arnon & Co. Collateral Published
Meitar Liquornik Geva Lesham Tal Netting, CM Reliance Q2
Italy Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Q4
Japan Linklaters Netting, Collateral, CM Reliance Q2
Kazakhstan Dentons Kazakhstan LLP Netting Published
Jersey Ogier Netting, Collateral, CM Reliance, Client Reliance Q3
Latvia Eversheds Sutherland Netting Q4
Liechtenstein  Gasser & Partner Netting, Collateral, CM Reliance Q2
Lithuania  Sorainen Netting Q4
Luxembourg Linklaters LLP Collateral Q4
Allen & Overy Netting, CM Reliance, Client Reliance Q4
Malaysia Shearn Delamore and Co Netting, Collateral, CM Reliance Update pending
Malta Ganado Advocates Netting, Collateral, CM Reliance, Client Reliance Q4
Marshall Islands Campbell Johnston Clark Netting Q4
Mauritius Appleby Global Netting, Collateral, CM Reliance Q3
Mexico Ritch Mueller Netting, Collateral, CM Reliance, Client Reliance Q3
Netherlands NautaDutilh N.V., the Netherlands Collateral, CM Reliance, Client Reliance Q3
De Brauw Blackstone Westbroek Netting Q3
New Zealand Bell Gully Netting, Collateral, CM Reliance, Client Reliance Q4
Nigeria G. Elias & Co Netting Q4
Norway Wiersholm Netting, Collateral, CM Reliance, Client Reliance Q3
Peru Baker & McKenzie Netting, Collateral, CM Reliance Q3
Philippines Morales & Justiniano Netting, Collateral, CM Reliance, Client Reliance Q4
Poland Allen & Overy Netting, Collateral, CM Reliance, Client Reliance Q4
Portugal PLEN Sociedade de Advogados, RL Netting Q4
CARDIGOS e Associados Collateral, CM Reliance, Client Reliance Q4
Qatar (QFC) Simmons & Simmons Netting Q3
Romania Leroy si Asociatii Netting, Collateral, CM Reliance Q4
Russia Clifford Chance Netting, Collateral, CM Reliance N/A
Scotland CMS Cameron McKenna Netting, Collateral, CM Reliance, Client Reliance Q4
Serbia Schoenherr Netting Q4
Singapore Allen & Gledhill LLP Netting, Collateral, CM Reliance, Client Reliance Q2
Slovakia Allen & Overy Bratislava s.r.o. Netting Q4
Slovenia Boštjan Špec, odvetnik Netting, Collateral, CM Reliance Q4
South Africa DLA Piper Netting, Collateral, CM Reliance Q2
South Korea Kim & Chang Netting, Collateral, CM Reliance Q2
Spain Clifford Chance Netting and Collateral Q4
Alarde CM Reliance, Client Reliance Q4
Sweden Wistrand Advokatbyrå Göteborg KB Netting, CM Reliance, Client Reliance Q4
Mannheimer Swartling Collateral Q4
Switzerland Lenz & Staehelin Netting, Collateral, CM Reliance, Client Reliance Q2
Taiwan Russin & Vecchi Netting, Collateral, CM Reliance Q3
Thailand Baker & McKenzie Netting, Collateral, CM Reliance, Client Reliance Q4
Turkey Pekin & Pekin Netting, Collateral, CM Reliance, Client Reliance Q4
UAE (ADGM) Shearman & Sterling Netting, Collateral, CM Reliance Q2
UAE (DIFC free zone) Clifford Chance Netting Q4
UAE (Federal) Clifford Chance Netting Update pending
USA Sidley Austin LLP Opinions for Insurance Companies (AZ,CT,DE,IL,IN,IA,MA,MN,NY,VA) Q3
Mayer Brown LLP Netting, Collateral Q3
* The date refers to the period the update to the opinion will be commissioned.

 

ISDA Contacts

 

If you require further information on any of the above jurisdictions, please contact the relevant contact below for your jurisdiction of interest.

Europe, the Middle East & Africa – Annabel Akintomide

Americas – Fred Quenzer

Australasia  – Jing Gu and Monica Chiu

For general opinion queries, please contact Annabel Akintomide and Breda Walsh.