ISDA Documentation

Start Date: 01/01/1970

Duration: 1 Day

Programme overview

The course covers the workings of the derivatives market and the trade association, ISDA. We work through the ISDA documentation framework including a detailed clause by clause analysis of the ISDA master agreement and coverage of the ancillary ISDA documentation.

We then cover the pertinent issues in ISDA documented trades such as netting, mark to market valuations, events of default and early termination to name a few.

Course Objectives

Understand the background to ISDA Master Agreements and how they are used.

Who should attend

  • Credit officers
  • Risk managers
  • Corporate lenders
  • Senior management

Course Content

Introduction

  • ISDA
  • Architecture of the ISDA documentation
  • Summary all the ISDA documents and protocols

ISDA Master Agreement

  • Comparison of ISDA 2002 and 1992 Master Agreements
  • Detailed clause by clause review

Schedule to ISDA Master Agreement

  • How to complete
  • EMIR related amendments

ISDA Confirmation

  • Process on how trades are done
  • EMIR reporting

ISDA Definitions

ISDA Credit Support Annexes and Credit Support Deeds Financial Collateral Regulations Pertinent Issues:

  • Mark to market valuations
  • Netting
  • Early Termination
  • Events of Default
  • Tax
  • Counterparty issues

Trainer Profile