A group of investors is seeking changes to the influential committees that decide whether they receive payouts of credit default swaps (CDSs).
The move is a response to a consultation announced by the International Swaps and Derivatives Association on December 14 on potential changes to the regional industry bodies that rule on credit events, known as credit derivatives determinations committees (DCs).
The investor group – comprised of UK and US-based multi-strategy alternative asset managers that
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