Relevant Registry - Emissions Annex Provision

From The Jolly Contrarian
Jump to navigation Jump to search
EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions

A Jolly Contrarian owner’s manual™

Relevant Registry in a Nutshell

The JC’s Nutshell summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack.

Relevant Registry in all its glory

Relevant Registry: Means the Registry through which a party is obliged to perform a delivery or acceptance obligation under and in accordance with an EU Emissions Allowance Transaction. Where a party has specified more than one Specified Holding Account for delivery or acceptance purposes, the Relevant Registry shall be identified in accordance with Part (d)(i)(2)(C).


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

Resources and Navigation

Index: Click to expand:

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

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)



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



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.

Premium content

Here the free bit runs out. Subscribers click 👉 here. New readers sign up 👉 here and, for ½ a weekly 🍺 go full ninja about all these juicy topics 👇
  • The JC’s famous Nutshell summary of this clause
Template:M premium EUA Annex Relevant Registry

See also