With the worsening economy and fluctuating energy prices in response to declining global demand, a number of major players in the market have sought to cancel or renegotiate contracts in response to changed economic circumstances. Even seemingly watertight contracts have come under scrutiny; such is the pressure to find savings in a difficult market.
There are a number of contractual provisions, such as force majeure (FM) and price review clauses, that are being examined as corporates attempt to
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- ABS set for revival under US Treasury’s liquidity buffer plans
- Leaked EU doc could shield legacy swaps from clearing grab
- Industry hails potential US relaxation of margin timing rules
- SGX, HKEX expect to be among first wave of Mifid II equivalence