The non-US, English law Cleared Derivatives Execution Agreement, published February 9, 2016, is a template for use by market participants in negotiating execution-related agreements with counterparties to swaps that are intended to be cleared. The document is intended to facilitate the entry into of derivatives transactions and the clearing of such transactions with one or more CCPs located outside of the US and can be used in conjunction with the ISDA/FIA Client Clearing Addendum.The Cleared Derivatives Execution Agreement was updated on 9 February to reflect the name change from FIA Europe to FIA, Inc.

(This translation has been prepared for educational purposes only. Parties should execute only the English language version of the ISDA/FIA Europe CDEA.)