Isda raises concerns over Russian netting laws

bulent-ilgun-deutsche

The International Swaps and Derivatives Association has raised concerns about landmark rules on close-out netting adopted in Russia earlier this year as part of an effort to open up the country's market for over-the-counter derivatives and foreign exchange.

On February 7, Russian authorities enacted new rules to ensure the enforceability of close-out netting arrangements in the event of the bankruptcy of a Russian counterparty. The rules follow on from a series of amendments that were made to Ru

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: