August 2010 Additional Provisions for Consent to, and Confirmation of, Transfer by Novation of OTC Derivative Transactions

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These additional provisions were prepared to facilitate the launch of the Consent = Confirmation project for Credit Derivatives Transactions. They are designed for incorporation into the documentation governing use of a Novation Consent Platform to set out the legal effect of a novation consent request processed through that platform. It is intended to apply to users of the relevant platform via the users’ agreement to be governed by the platform’s rules, and to ensure that consistent legal provisions apply to novation consent requests processed through different platforms.

Free downloads for August 2010 Additional Provisions for Consent to, and Confirmation of, Transfer by Novation of OTC Derivative Transactions (1)

August 2010 Additional Provisions for Consent to, and Confirmation of, Transfer by Novation of OTC Derivative Transactions (pdf)