Template:M comp disc EFET Allowance Annex 7.1: Difference between revisions

Template:M comp disc EFET Allowance Annex 7.1 (view source)

935 bytes removed , 7 September 2023

Replaced content with "{{emissions force majeure overview}}"

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-[[Force Majeure - EFET Allowance Provision|Functionally]], the definitions of {{efetaprov|Force Majeure}} in the EFET and IETA versions, and {{euaprov|Settlement Disruption Event}} in the {{euadefs}} are the same.
+{{emissions force majeure overview}}
-Here is a {{diff|77069|77068}} between IETA and EFET, and here is a {{diff||}} between EFET and ISDA.
-The differences are to account for the architecture and nomenclature of the different master agreements, though the IETA has a conflict clause favouring Suspension Event over Force Majeure/Settlement Disruption Event, which the EFET does not.
-The equivalent under the {{emissionsannex}} is the {{euaprov|Settlement Disruption Event}} — so called because there is already a Force Majeure under the {{isdama}} so the ’squad had to call their version something else.
-Here, for good order, is a {{diff|77096|77095}} between {{efetaprov|Force Majeure}} under the {{efetannex}} and {{euaprov|Settlement Disruption Event}} under the {{emissionsannex}}.