Specified Holding Account - Emissions Annex Provision

EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions
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Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent emissions-euets.com website.

Emissions trading documentation

ISDA: EU Anatomy • EU Wikitext • EU Nutshell (premium) • UK Anatomy • UK Wikitext (to be merged into EU Anatomy)
IETA: IETA Master Agreement • IETA Wikitext • IETA Nutshell (premium)

EFET: EFET Allowances Appendix • EFET Allowances Wikitext • EFET Nutshell (premium)

Section Specified Holding Account in a Nutshell™

Use at your own risk, campers!

Specified Holding Account means any Holding Accounts a party specifies in a Confirmation or, if it does not specify any, in Parts (d)(xii)(1)(A) or (2)(A) as modified by Parts (d)(xii)(1)(B) and (2)(B). view template

Full text of Section Specified Holding Account

Specified Holding Account: Means, in respect of a party and an EU Emissions Allowance Transaction, the Holding Accounts (if any) specified as such in respect of such party (i) in the Confirmation for the relevant EU Emissions Allowance Transaction; or (ii) where no such accounts are specified in accordance with (i), in the Annex to this Part; in either case in accordance with Part (d)(xii)(1)(A) or Part (d)(xii)(2)(A) (as applicable) and subject to modification in accordance with Part (d)(xii)(1)(B) and Part (d)(xii)(2)(B). view template

Comparison

See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs

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