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Additional Provisions for Certain Venezuelan Entities: Excluded Obligations and Excluded Deliverable Obligations
Additional Provisions for Certain Venezuelan Entities: Excluded Obligations and Excluded Deliverable Obligations
(published September 19, 2017)
The Additional Provisions for Certain Venezuelan Entities are automatically incorporated into a standard credit derivatives transactions if STANDARD LATIN AMERICA CORPORATE B, STANDARD LATIN AMERICA CORPORATE BL or STANDARD LATIN AMERICA SOVEREIGN are chosen as the Transaction Type and will add certain obligations that are restricted by sanctions imposed by the United States Office of Foreign Asset Control as Excluded Obligations and Excluded Deliverable Obligations.