The National Economic Research Associates demonstrated how economic analysis can be used to assess allegations related to credit default swaps and the creditworthiness of a company.
News & Insights
ISDA updated its Model Netting Act, which provides a template for jurisdictions considering enforcing close-out netting.
ISDA added a Japanese jurisdictional module to its Resolution Stay Jurisdictional Modular Protocol. The new module is intended to facilitate compliance with Japanese regulations that require contractual stays to be included in certain financial contracts that are not governed by Japanese law.
The Secretary of the Treasury, as Chair of the Financial Stability Oversight Council, adopted final rules to implement the qualified financial contract recordkeeping requirements of the Dodd-Frank Act.
ISDA launched a new protocol to help market participants comply with the EU Bank Recovery and Resolution Directive and to make certain acknowledgments of bail-in powers.