Template:Isda 9(e) summ: Difference between revisions
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There is an impassioned essay about the idiocy of [[counterparts]] clauses elsewhere<ref>In the [[counterparts]] article, as a matter of fact.</ref>. | There is an impassioned essay about the idiocy of [[counterparts]] clauses elsewhere<ref>In the [[counterparts]] article, as a matter of fact.</ref>. | ||
===Section {{{{{1}}}|9(e)(ii)}} {{{{{1}}}|Confirmation}}s''' === | ===Section {{{{{1}}}|9(e)(ii)}} {{{{{1}}}|Confirmation}}s''' === | ||
====Trade versus confirmation: celebrity death-match==== | |||
{{trade versus confirmation}} | {{trade versus confirmation}} | ||
====Dare we mention ... ''[[email]]''?==== | |||
Note also the addition of [[e-mail]] as a means of communication to the {{2002ma}} ([[email]] not really having been a “thing” in 1992). This caused all kinds of [[fear and loathing]] among the judiciary, when asked about it, as can be seen in the frightful case of {{casenote|Greenclose|National Westminster Bank plc}}.Oh dear, oh dear, oh dear. | Note also the addition of [[e-mail]] as a means of communication to the {{2002ma}} ([[email]] not really having been a “thing” in 1992). This caused all kinds of [[fear and loathing]] among the judiciary, when asked about it, as can be seen in the frightful case of {{casenote|Greenclose|National Westminster Bank plc}}.Oh dear, oh dear, oh dear. | ||
==== [[Timely confirmation]] regulations and deemed consent==== | ==== [[Timely confirmation]] regulations and deemed consent==== | ||
Both {{t|EMIR}} and [[Dodd Frank]] have [[timely confirmation]] requirements obliging parties to have confirmed their scratchy tape recordings within a short period (around 3 days). This fell out of a huge backlog in confirming structured [[credit derivatives]] trades following the Lehman collapse. | Both {{t|EMIR}} and [[Dodd Frank]] have [[timely confirmation]] requirements obliging parties to have confirmed their scratchy tape recordings within a short period (around 3 days). This fell out of a huge backlog in confirming structured [[credit derivatives]] trades following the Lehman collapse. | ||