Credit Novation Consent Equals Confirmation: Presentation and link to Additional Provisions

Operational Best Practice Materials – PDF Presentation explaining the market practice changes to the Credit Novation Consent process. The two step practice of consent followed by confirmation is being replaced by an automated single step process for parties to provide their consent and their legal confirmation to a Novation simultaneously; Additional Provisions for Consent to, and Confirmation of, Transfer by Novation of OTC Derivative Transactions: to download, visit: http://www.isda.org/cgi-bin/_isdadocsdownload/download.asp?DownloadID=457

Documents (1) for Credit Novation Consent Equals Confirmation: Presentation and link to Additional Provisions

SwapsInfo Full Year 2024 and Q4 2024

Interest rate derivatives (IRD) trading activity increased in 2024, driven by interest rate volatility, adjustments in central bank policies and shifting market expectations on inflation and economic growth. Index credit derivatives also saw increased activity, as measured by traded notional,...