All public logs

Combined display of all available logs of The Jolly Contrarian. You can narrow down the view by selecting a log type, the username (case-sensitive), or the affected page (also case-sensitive).

14:38, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(d) sa (Created page with "*Sovereign immunity")
14:38, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(c) sa (Created page with "*Process agents")
14:37, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(b) sa (Created page with "*Jurisdiction")
14:37, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(a) sa (Created page with "*Governing law")
14:36, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13 sa (Created page with "{{isda 13(a) sa|{{{1}}}}} {{isda 13(b) sa|{{{1}}}}} {{isda 13(c) sa|{{{1}}}}} {{isda 13(d) sa|{{{1}}}}}")
14:13, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(d) premium (Created page with "*Sovereign immunity and the Casanova problem")
14:13, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(d) comp (Created page with "{{isda comp same}}")
14:10, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13 comp (Created page with "Largely the same, in practical effect, between the two versions: the clause grants the ''non''-exclusive jurisdiction of the courts of the governing law you have chosen: you can launch proceedings wherever you like, but you can’t complain if they are launched in a home court, which leaves open that you ''might'' complain if they are launched in some other, inconvenient, court. No doubt a litigation lawyer would be outraged at this sugge...")
13:43, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13(a) summ (Created page with "There are parts of the {{isdama}} with which you will spend weeks, months, or even years of your life grappling, pushing and pulling the embedded and nested intellectual concepts around in your mind, scrabbling desperately for a handhold, trying with all your might to get some purchase on the forensic Play-Doh that these clauses represent. We are fairly confident, without even knowing you, that section {{{{{1}}}|13(a)}} will not be one of them. If it ''is'', it may be t...")
13:42, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 13 summ (Created page with "{{summ part {{{1}}}|13(a)}} {{summ part {{{1}}}|13(b)}} {{summ part {{{1}}}|13(c)}} {{summ part {{{1}}}|13(d)}}")
13:36, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 12 premium (Created page with "*''May'' deliver? or ''must'' deliver? Do I have an alternative? The curious case of ''Greenclose''. *Close-out notices are special *And “deliver” means what exactly? A ramble through the standard reference dictionaries of our time, legal and otherwise. *“Email” and “electronic messaging system”. The same, right? ''Right''?? GUYS!? *The coronavirus edition: closeout in a time of global mass-hysteria and what it all means if you aren’t allowed out")
13:34, 5 January 2024 Amwelladmin talk contribs created page Change of Addresses - 1992 ISDA Provision (Redirected page to Notices - 1992 ISDA Provision) Tag: New redirect
13:34, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 12 sa (Created page with "*{{casenote|Greenclose|National Westminster Bank plc}} *Electronic messaging system")
13:30, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Market Quotation sa (Created page with "*{{isda92prov|Loss}} *{{isda92prov|First Method}} and {{isda92prov|Second Method}} *{{isdaprov|Close-out Amount}}")
13:29, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Market Quotation premium (Created page with "*Pricing methodology *What where, as there will be, there are fewer than three quotations *MQ vs Exposure under the CSA *Dealer polls and Lehman")
13:27, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Market Quotation comp (Created page with "{{isda92prov|Market Quotation}} and {{isda92prov|Loss}} were both ditched as {{{{{1}}}|Transaction}} valuation concepts under the {{2002ma}} in favour of {{isdaprov|Close-out Amount}}, which is closer to Loss, but still a bit different.")
13:24, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Market Quotation summ (Created page with "If it weren’t so long ago, you would honestly say this ludicrous {{isdaprov|Market Quotation}} and {{isdaprov|Loss}}, and {{isdaprov|First Method}} and {{isdaprov|Second Method}} confection was designed with the sole purpose of keeping negotiators in tedious employment. It is all handled so much more deftly under the {{2002ma}} with the concept of {{isdaprov|Close-out Amount}}.")
13:03, 5 January 2024 Amwelladmin talk contribs deleted page Template:M detail 1992 ISDA Affected Party (content was: "{{M detail 2002 ISDA Affected Party|isda92prov}}", and the only contributor was "Amwelladmin" (talk))
13:02, 5 January 2024 Amwelladmin talk contribs deleted page Template:M detail 1992 ISDA 2(a)(iii) (content was: "{{isda 2(a)(iii) detail|isda92prov}}", and the only contributor was "Amwelladmin" (talk))
13:02, 5 January 2024 Amwelladmin talk contribs deleted page Template:Isda 2(a)(iii) detail (content was: "====Non-payment delivery defaults==== Say you’re a corporate in the habit of buying OTC calls or puts from your swap dealer under an {{isdama}}. This is all quite ordinary, unglamorous business: it is what prudent treasury functions do to hedge their various rates and currency risks. The basic structure, as for any option, is: {{Quote| ''Trade D...", and the only contributor was "Amwelladmin" (talk))
12:53, 5 January 2024 Amwelladmin talk contribs deleted page Template:Isda 2(a)(iii) gen (content was: "===No notice of suspension required=== Leaving for a few moments the question of ''when'' one would ever need, let alone want to invoke Section {{{{{1}}}|2(a)(iii)}} other than in the strangest of days, let’s consider the mechanics. Notice there are ''none''. Section {{{{{1}}}|2(a)(iii)}} just ''sits'' there, and has effect, without anyone’s particular by-o...", and the only contributor was "Amwelladmin" (talk))
12:48, 5 January 2024 Amwelladmin talk contribs deleted page Template:M detail 1992 ISDA 1 (content was: "{{M detail 2002 ISDA 1}}", and the only contributor was "Amwelladmin" (talk))
12:47, 5 January 2024 Amwelladmin talk contribs deleted page Template:ISDA notices and pandemics (content was: "===Closeout in a time of global mass-hysteria=== By March 2020, competent authorities worldwide were taking steps previously unthinkable outside a time of war to prevent the spread of a virus pandemic. Assuming you were not comatose throughout this period you may remember it. Some regulatory action was so draconian to raise a possibility that ''no'' means of servic...", and the only contributor was "Amwelladmin" (talk))
12:24, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 12 summ (Created page with "Who would have thought a {{{{{1}}}|Notices}} provision would be so controversial? Especially the question, “What is an electronic messaging system”? ''No-one'', it is humbly submitted, until Andrews, J. of the Chancery Division, was invited to opine on {{casenote|Greenclose|National Westminster Bank plc}}, the kind of “little old lady” case that makes bad law.<ref>As the JC always says, ''anus matronae parvae malas leges faciunt''.</ref> The...")
12:23, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 12 comp (Created page with "The major change between the versions of Section {{{{{1}}}|12}} ({{{{{1}}}|Notices}}) was the {{2002ma}}’s inclusion of e-mail as a means of communication ''in addition to'' the {{1992ma}}’s electronic messaging system. Also, fax and electronic messaging system are not permitted means of serving close-out communications (i.e., under Sections {{isda92prov|5}} and {{isda92prov|6}}) under the {{1992ma}}, but fax ''is'' permitted under the {{2002ma}},...")
12:22, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 11 sa (Created page with "*Indemnity and hold harmless in general: somewhat specialist topics for the JC *{{{{{1}}}|Stamp Tax}}")
12:14, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 11 comp (Created page with "Observers will note that, but for the odd comma, Section {{{{{1}}}|11}} in the {{1992ma}} and the {{2002ma}} are identical. And deliciously brief. Not that they ''couldn’t'' be improved, of course; they just weren’t.")
12:13, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 11 premium (Created page with "*Difference between Events of Default and Termination Events when it comes to Expenses *Is it covered in the close-out calculation *A limited modification to stamp tax arrangements")
12:11, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 11 summ (Created page with "====An indemnity is all very well ...==== Bear in mind, also, that your operating theory here is that your counterparty is a {{{{{1}}}|Defaulting Party}} — i.e., for all intents and purposes, broke. So while it’s a fine thing, this indemnity might not be of much practical use. ====Is it covered in the close-out calculation?==== No. The “{{{{{1}}}|Expenses}}” referred to in this provision would not be captured by the definition of “'''{{{{{1}}}|Close Out Am...")
12:02, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 10 sa (Created page with "*{{{{{1}}}|Force Majeure}} and {{{{{1}}}|Illegality}} and what happens in Section {{{{{1}}}|5(e)}} if they occur to one or more branches but not the head office *Branches generally *Affiliates generally *Close-out netting generally")
11:57, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 10 premium (Created page with "*More on taxation *Must you complete onboarding in each jurisdiction though? *Netting: could the validity of close-out netting depend on the branch through which the entity transacts?")
11:01, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 2(e) summ isda92prov (Created page with "Section {{{{{1}}}|2(e)}} covers that netherworld between when a party ''defaults'' on its obligations under a {{{{{1}}}|Transaction}} and when (and if)the other, innocent, party closes that {{{{{1}}}|Transaction}} out. Now, you might think this would of necessity be a short period — if the other guy is in default I am hardly going to sit around and do nothing, am I? — but a swap transaction isn’t like a normal lending transaction, the innocent party might be sign...")
11:00, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 2(e) summ isdaprov (Created page with "There isn’t a Section {{isdaprov|2(e)}} in the {{2002ma}}, but there almost was, when ISDA went through a period of hand-wringing after the global financial crisis, which revealed to the world how unsatisfactory the existing section {{isdaprov|2(a)(iii)}} was. The idea was to allow the victim of a 2(a)(iii) exercise — that is, the person in putative breach — to preempt the condition precedent, and say to the innocent party, “Well, u...")
10:50, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 2(e) sa (Created page with "*Section {{{{{1}}}|2(a)(iii)}}; the {{isdama}}’s famous “flawed asset” provision. *Section {{isdaprov|9(h)}} in the {{2002ma}}")
10:46, 5 January 2024 Amwelladmin talk contribs created page 9(h) - 1992 ISDA Provision (Redirected page to 2(e) - 1992 ISDA Provision) Tag: New redirect
10:45, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(h) sa (Created page with "*{{{{{1}}}|Default Rate}} *{{{{{1}}}|Applicable Deferral Rate}}")
10:43, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(h) premium (Created page with "*More on Default Rates *More on Applicable Deferral Rates")
10:33, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(h) summ (Created page with "Section {{isdaprov|9(h)}} deals with the various scenarios where interest — over and above the amounts stated to be payable as Fixed Rate and Floating Rate Options under a given {{{{{1}}}|Transaction}} — might apply to deferred and delayed payments under the ISDA. Those scenarios are: ''Payment default'': Someone fails to pay money under a Transaction when they are meant to. ''Delivery default'': Someone fails to deliver a non-money asset under a Transaction...")
10:22, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(h) comp (Created page with "''There is no strict equivalent to Section {{isdaprov|9(h)}} in the {{1992ma}}. But see Section {{isda92prov|2(e)}}, which is a half-arsed attempt at the same thing. Friends of the JC will know that “half-arsed” isn’t always ''bad'', of course — it can be quite ''good'', in fact — characterising, as it does, the sum total of the JC’s paltry achievements on this barren rock — and in any case, it leaves something to the ''imagination'' and we all lik...")
10:19, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(g) premium (Created page with "*Fatuous reasons for favouring a headings clause, dispatched.")
10:01, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(g) sa (Created page with "*Headings generally; that great bane of contractual construction (apparently) *Interpretation and construction *Boilerplate Anatomy")
10:01, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(g) comp (Created page with "{{isda comp same}}")
09:58, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(f) sa (Created page with "*Parol evidence rule *Course of dealing *NAV trigger *Commercial imperative")
09:57, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(f) premium (Created page with "*A deeper comparison of the English and US regimes *The parol evidence rule versus the “course of dealing”, *Why the US approach incentivises officious behaviour *What it all means for NAV triggers")
09:31, 5 January 2024 Amwelladmin talk contribs created page Template:M sa 2002 ISDA 9(f) (Created page with "*Parol evidence rule *Course of dealing *NAV trigger *Commercial imperative")
09:30, 5 January 2024 Amwelladmin talk contribs created page Template:M premium 2002 ISDA 9(f) (Created page with "*A deeper comparison of the English and US regimes *The parol evidence rule versus the “course of dealing”, *Why the US approach incentivises officious behaviour *What it all means for NAV triggers")
08:59, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 9(f) comp (Created page with "{{isda comp same}}")
17:00, 4 January 2024 Amwelladmin talk contribs created page Bail-in (Created page with "{{a|crr|}}{{d|bail-in||n}}A regulatory mechanism that applies to regulated financial institutions as they teeter on the edge of oblivion. It allows a prudential regulator to write down, cancel or convert into common equity any part of the institution’s indebtedness. This is designed to protect retail depositors and preserve essential systemic stability by sacrificing a small class of investors while saving everyone else. This is quite a big deal, seeing as se...")
10:42, 4 January 2024 Amwelladmin talk contribs created page Sponsor (Created page with "{{a|repack|}} {{d|Sponsor||n|}} “A credit institution, whether located in the Union or not, as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013, or an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU other than an originator, that: :(a) establishes and manages an asset-backed commercial paper programme or other securitisation that purchases exposures from third-party entities, or :(b) establishes an asset-backed commer...")
08:55, 4 January 2024 Amwelladmin talk contribs created page Tail events (Created page with "{{freeessay|isda|tail events|}}In the context of trading derivatives, things that (a) you didn't reasonably expect and that (b) bugger up your contract. =====Credit defaults===== A swap being a private, bilateral affair, the most obvious category of tail events is “things which mean your counterparty cannot, or will not, or has not, performed its end of the deal”. Straight out refusal to — repudiation — is rare, at least without the cloak of some kind of dispu...") Tags: Mobile edit Mobile web edit