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Bank/Credit Institution: Difference between revisions
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One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | {{g}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | ||
:{{bankcreditinstitution}} | |||
{{bankcreditinstitution | |||
Details freaks will have immediately spotted a refererence to the long-since defunct, dear old, [[european Community]]. It was subsumed into the European Union as early as 1993, but finally formally dissolved in the Treaty of Lisbon in 2009, at about which time ISDA was finalising the most recent version of its counterparty types. | |||
{{ | Now we are not just snippy criticisers. Not always. So, as part of the JC's unquenchable yen to improve community standards, our representatives have written to ISDA urging it urgently reconsider the appropriateness of this definition, in light of the sad demise of the EC. | ||
{{sa}} | |||
*[[ISDA netting categories]] | *[[ISDA netting categories]] | ||
*[[close-out netting]] | *[[close-out netting]] | ||