Relevant Registry - IETA Provision

IETA Emissions Trading Master Agreement A Jolly Contrarian owner’s manual™ Relevant Registry in a Nutshell™ The JC’s Nutshell™ summaries are moving to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get them here. Sign up at Substack. Relevant Registry in all its glory “Relevant Registry” means a Registry through which either Party is obliged to perform a Transfer or acceptance obligation under and in accordance with a Transaction. Where a Party specifies more than one Holding Account for Transfer or acceptance purposes, the Relevant Registry shall be identified in accordance with Clause 5.1(c) (Primary Obligation). edit 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 Anatomy • EU Wikitext • EU Nutshell (premium content) • UK Anatomy • UK Wikitext (will be merged into EU Anatomy in due course) IETA: IETA Master Agreement • IETA Wikitext • IETA Nutshell (premium content) EFET: EFET Allowances Appendix • EFET Allowances Wikitext • EFET Nutshell (premium content) Index: Click ᐅ to expand: ISDA Emissions TOC EUA Annex - Premium Emissions Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent emissions-euets.com website. Premium version of this page

Overview

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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

Summary

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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.

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• The JC’s famous Nutshell™ summary of this clause

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See also

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• Registry
• Registry Operator
• Administrator Event