Change in Law

Along with Increased Cost of Hedging and Hedging Disruption, Change in Law is part of the "triple cocktail" of protections for dealers offering structuted products on Commodities and Equities. Change in Law allows a party to terminate or vary the terms of a transaction when its conditionss have been satisfied.

More information can be found at:

• Change in Law (2002 ISDA Equity Derivatives Definitions)
• Change in Law (2005 ISDA Commodity Definitions).

See also

• Hedging Disruption (and specifically for Equities at Hedging Disruption and Commodities at Hedging Disruption
• Increased Cost of Hedging (and specifically for Equities at Increased Cost of Hedging and Commodities at Increased Cost of Hedging