ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.
January 27, 2023China's adoption of its new Futures and Derivatives Law in August 2022 made it possible for FIA to commission the opinions.
January 13, 2023The latest FSB progress report highlights efforts from China, India, Korea, and Indonesia to further implement reforms in OTC derivatives markets.
November 8, 2022On the same day, ISDA published a netting opinion providing legal certainty that close-out netting is enforceable in China.
August 2, 2022The new law sets the stage for the continued growth and development of the country's capital market, say Melody Yang and Jonathan Quie.
May 24, 2022ISDA plans to publish a legal opinion recognising China as a jurisdiction in which close-out netting can be applied, paving the way for a more diversified onshore derivatives transactions.
May 5, 2022ICMA provides guidance on handling situations where counterparties may fail to deliver collateral securities due to the imposition of sanctions.
April 27, 2022The final version of the law further improves derivatives trading supervision and specifies rules for foreign institutions operating in China.
April 21, 2022The new definitional booklet and related set of provisions will enable allow firms to document derivatives and securities financing transactions under a single ISDA Master Agreement.
March 1, 2022China's draft Futures and Derivatives Law will remove a major barrier to international participation in China’s derivatives markets, ISDA says.
December 21, 2021