Template:M comp disc EUA Annex Unauthorised Transfers

The definition of Unauthorised Transfers is more or less the same in all three emissions trading documentation regimes. Compare:
ISDA: Unauthorised Transfers
IETA: Unauthorised Transfers
EFET: Unauthorised Transfers
ISDA vs IETA: The ISDA and IETA terms relating to Unauthorised Transfers are strikingly similar as is evidenced by this comparison. The one difference is the lengths to which ISDA goes to carve out Excess Emissions Penalties from the Encumbrance Loss Amount.
ISDA v EFET: ISDA and EFET are, but for discrepancies in the labels for defined terms, more or less identical: see comparison