Relevant Registry - Emissions Annex Provision
EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions
Section Relevant Registry in a Nutshell™ Use at your own risk, campers!
Full text of Section Relevant Registry
Comparison See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs
|
Content and comparisons
The definition of Relevant Registry is more or less the same in all three emissions trading documentation regimes. Compare:
ISDA: Relevant Registry
IETA: Relevant Registry
EFET: Relevant Registry
Summary
Did we need a separate definition of “Relevant Registry”? Does it convey any nuance or additional colour that the lower-cased, colloquial, “relevant Registry” does not. In our humble opinion, it does not. Do we really even need the word relevant? In what world, and why, would one be talking about a Registry that was irrelevant?
Do not get us started on all this business about there being more than one Specified Holding Account.