FBF

The Fédération Bancaire Française is the French Banking Federation, which publishes French Law-governed derivatives master agreement called — of all things — the FBF. Once upon a time the FBF was the L'Association française des banques or the AFB. That was until it, and its master agreement, changed its name.

Among the amusing things in the FBF is a cross default provision that is easily triggered and has no threshold. This can give a treasury officer hives.