At the end of last month, the Financial Conduct Authority’s (FCA) request for comments officially came to a close on the Consultation Paper (CP24/14) it published in late July seeking comments on proposed changes to the derivatives trading obligation (DTO)
Unfortunately, based on a reputation for being somewhat boiler-plate, notice provisions are often not given the care and attention in negotiations they deserve. In practice, however, notice provisions are crucial – if they are incorrect or service of notice is
Artificial intelligence (AI) is transforming the financial industry, and the derivatives market is no exception. A new whitepaper from ISDA Future Leaders in Derivatives (IFLD), a professional development program for emerging leaders in the derivatives market, explores the potential use
Crypto is booming again. Are you a bull? In which case you might like to purchase a derivative to gain a leveraged long exposure (a call option or long forward/future). Are you a bear? In which case you might like
In Banca Nazionale del Lavoro, Commerzbank and Dexia Credit Local v Provincia di Catanzaro [2023] EWHC 3309 (Comm), the High Court granted summary judgment in favour of the joint bank claimants against the Italian public authority, Provincia di Catanzaro (“Catanzaro”).
Despite some counter-revolutionary forces, especially in the US, it seems likely that environmental, social and governance (ESG) concerns will continue to be increasingly significant factors in the structuring and execution of derivative transactions. We have covered the growth of the
Financial products that provide structured returns (exposure to a range of asset classes while attempting to mitigate credit or other risks) such as separately managed accounts, actively managed certificates and related products, are becoming increasingly popular. These products may be
Effectively delivering notices under commercial contracts is not as straight-forward as it maybe ought to be, with different contracts requiring different methods of delivery, different content and different timelines. Often these boiler-plate provisions are not treated with the same vigour
The underlying rationale for emissions trading is that derivatives could save the planet or, at the least, could be an influence for good.
Emissions trading is an asset class which is purely a creature of regulation, and that leads to
Whether to address funding diversification objectives, liquidity management plans, risk-based capital concerns, or other goals, many issuers consider establishing repackaging programs. These programs can take many forms but generally raise a number of structuring and legal considerations that should be