Holding Account - IETA Provision

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IETA Emissions Trading Master Agreement

A Jolly Contrarian owner’s manual™

Holding Account in a Nutshell

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Holding Account in all its glory

Holding Account” means any digital record of a party or person in any relevant Registry as may be specified in the Confirmation to a Transaction, that will be used to record the issue (if applicable), holding, transfer, acquisition, surrender, cancellation, and replacement of Allowances.

Comparison

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

Resources and Navigation

Emissions trading documentation

ISDA: EU AnatomyEU Wikitext EU Nutshell (premium) • UK AnatomyUK Wikitext (to be merged into EU Anatomy)
IETA: IETA Master AgreementIETA WikitextIETA Nutshell (premium)
EFET: EFET Allowances AppendixEFET Allowances WikitextEFET Nutshell (premium)

Index: Click to expand:

Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent emissions-euets.com website.

Overview

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Compare with ISDA’s Holding Account, and the Specified Holding Account, out of and into which ones (d)(i)(2) delivery obligations are limited. The IETA Master Agreement does not have the distinction between specified and not specified accounts.

Summary

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The place from where you deliver Allowances, or receive them. See Clause 5.1 for the mechanics of who must do what.

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  • The JC’s famous Nutshell summary of this clause

Template:M premium IETA Holding Account

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See also

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References