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EMIR Timely Confirmation Amendment Agreement Form and Explanatory Memorandum
EMIR Timely Confirmation Amendment Agreement Form and Explanatory Memorandum
(published March 14, 2013)
The Amendment Agreement sets out amendments to certain sections of the ISDA Master Agreement by incorporating wording to reflect the allocation of obligations imposed by EMIR in relation to the timely delivery and return of confirmations. Parties can elect to use none, some or all of the provisions as they deem suitable. The explanatory memo is provided to assist in the consideration of the timely confirmation amendment agreement.