Downgrading: Difference between revisions

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But throughout it all the {{isdama}}, with its different editions, its insufferable [[Tax Representations - ISDA Provision|tax representations]], its {{isdaprov|schedule}}, [[Credit support annex|annexes]], [[The ISDA Protocol|protocols]], [[2002 ISDA Equity Derivatives Definitions|definitions booklets]] — every word of which rendered in committee-crafted 19th century prose — remained the same. Never once did anyone ask: do we really ''need'' all of this? Is it really feasible to expect school-leavers from Bratislava to wade through all this? Could we not make it ''simpler''?
But throughout it all the {{isdama}}, with its different editions, its insufferable [[Tax Representations - ISDA Provision|tax representations]], its {{isdaprov|schedule}}, [[Credit support annex|annexes]], [[The ISDA Protocol|protocols]], [[2002 ISDA Equity Derivatives Definitions|definitions booklets]] — every word of which rendered in committee-crafted 19th century prose — remained the same. Never once did anyone ask: do we really ''need'' all of this? Is it really feasible to expect school-leavers from Bratislava to wade through all this? Could we not make it ''simpler''?
And then, in March 2021, came [[Archegos|an example to illustrate the very point]].


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