The ISDA Master Agreement – Part I: Architecture, Risks & Compliance – by GuyLaine Charles

While the prospect of mandatory clearing is looming market participants continue to enter into over-the-counter derivative trades bilaterally under an ISDA Master Agreement.  This Part I of the article discusses the origins of the ISDA Master Agreements, the architecture of the standardized documentation (including that it forms a single agreement), and the risk and compliance considerations that should be taken into account prior to entering into an ISDA Master Agreement and also during the course of a trading relationship documented under such agreement.

Leave a comment

Your email address will not be published. Required fields are marked *