Termination event
Isda proposes new central hub for critical notices
Trade body seeks industry feedback on one-stop shop for default notices and other critical comms; sceptics say the service is “not a universal solution”
Smart derivative contracts: detaching transactions from counterparty credit risk
Introducing deterministic termination rules to eliminate counterparty risk in smart derivatives
Buy-siders eye ways to get ahead of US resolution stay rules
Come July 1, asset managers will be unable to dump derivatives as a G-Sib is unwound. Lawyers are standing by
RBS loses markets CRO
Brush set to launch new venture; RBS’s group CRO also on way out
Duffie: CCPs should prep to quash Sifi swap termination stays
Clearing houses need criteria for overriding stays on swap terminations, writes Darrell Duffie
Lehman vs Moore in swaps safe harbour showdown
Lawyers cool on Lehman's chances, but warn victory would harm swaps market
Big plans for derivatives termination stays – the BoE view
Stays will extend to buy-side, repo, and securities lending, says BoE’s Gracie
RBS sets up first Moody's-rated DPC in 14 years
Vehicle thought to cover swap with UK pub operator Punch Taverns
Buy side may need ‘persuasion’ to give up termination rights
Bafin's König says early terminations could make bank resolution impossible
End-users push back on termination rights delay
Derivatives end-users are pushing back on regulator demands to include temporary stays on termination rights linked to bank resolutions
Dealers call for ban on downgrade triggers
Banks struggling to price the risk that downgrade triggers may be exercised, leading to calls for regulators to prohibit their use in derivatives documentation
UK utilities face swap counterparty shortage
Bank downgrades could leave many structured finance transactions without acceptable swap providers - a potential nightmare for UK utilities
Downgrade doomsday: utilities fear swap dealer shortage
Downgrade doomsday
Banks tout break clauses as capital mitigant
Breaking with tradition