Template:Emissions transfer of allowances summ

Interesting comparison between ISDA on one hand, and IETA and EFET on the other, about whether {{{{{1}}}|Allowances need to be delivered from a specified {{{{{1}}}HA}} and not just to one. ISDA, as is the ’squad’s wont, a lot more prescriptive here than is IETA or EFET, neither of which trouble themselves with which {{{{{1}}}HA}} whence the Allowances come, only the {{{{{1}}}HA}} whither they go. Quite why it should matter whence the Allowances come we cannot say — a vague fretfulness about theft perhaps? — but ok; let’s run with it. The transfer is done once the Allowances hit the Receiving Party’s account (I know, I know: you don’t say.) an interesting use of the word “whereupon”, upon, er which we dwell in a bit more detail in the premium section.