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2021 ISDA Definitions – Equity Swap Transactions Form of Amendment
2021 ISDA Definitions – Equity Swap Transactions Form of Amendment
(published on August 2, 2022)
This Form of Amendment can be used if the parties wish to amend their existing Equity Swap Transaction master confirmation agreements, existing and/or future transaction supplements, existing standalone confirmations and/or other specified documents to incorporate the terms of a version of the 2021 ISDA Interest Rate Derivatives Definitions where previously the 2006 ISDA Definitions were incorporated.
While this Form of Amendment has been drafted to provide for a way of amending Equity Swap Transactions, this Form of Amendment could be used to amend the Floating Amounts leg in equity derivatives transactions which include a Floating Amount leg but which are not ‘Equity Swap Transactions’ under the 2002 ISDA Equity Derivatives Definitions.