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
