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).
- 18:44, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Threshold Amount premium (Created page with "*The cherrypickability of individual bits of indebtedness to get you over the line and why this means you should not include derivatives")
- 18:43, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Threshold Amount comp (Created page with "Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprov|Exposure}} beyond which one must start posting variation margin — the {{{{{1}}}|Threshold Amount}} is a level relevant to the calculation of the {{{{{1}}}|Cross Default}} {{{{{1}}}|Event of Default}} - it is the aggregate principle amount of {{{{{1}}}|Specified Indebtedness}} one must have defaulted on to p...")
- 18:40, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 6(b)(ii) sa (Created page with "*Novation *Assignment")
- 18:39, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 6(b)(ii) premium (Created page with "*The ’squad’s attachment to the idea of codifying the unknowable future")
- 18:36, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 6(b) premium (Created page with "*A clause-by-clause anaylsis of this provision *A discussion about the curious limited termination optionality in the Illegality and (in {{2002ma}}) Force Majeure Termination Events")
- 18:33, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 6(b) sa (Created page with "*The comparison table in the premium section for Section {{{{{1}}}|6}}")
- 18:27, 5 January 2024 Amwelladmin talk contribs created page Template:Isda 6 premium (Created page with "{{Isda 6(a) premium|{{{1}}}}} {{Isda 6(c) premium|{{{1}}}}} {{Isda 6(d) premium|{{{1}}}}} {{Isda 6(e) premium|{{{1}}}}}")
- 18:18, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Affected Transactions sa (Created page with "*{{{{{1}}}|Right to Terminate Following Termination Event}}")
- 16:36, 5 January 2024 Amwelladmin talk contribs created page Template:Isda Affected Transactions premium (Created page with "*The limited optionality of an ATE *When you might need to terminate only some Transactions under an ATE")
- 16:35, 5 January 2024 Amwelladmin talk contribs created page Template:M premium 2002 ISDA Affected Transactions (Created page with "*The limited optionality of an ATE *When you might need to terminate only some Transactions under an ATE")
- 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.")