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Here is the JC’s latest [[Anatomy]]{{tm}}: [[ISDA]]’s emissions annex, which comes in at least two flavours: the original [[EU Emissions Anatomy]], and the new, copycat, we absolutely-are-not-going-through-separation-anxiety, [[UK Emissions Anatomy]]. | Here is the JC’s latest [[Anatomy]]{{tm}}: [[ISDA]]’s emissions annex, which comes in at least two flavours: the original [[EU Emissions Anatomy]], and the new, copycat, we absolutely-are-not-going-through-separation-anxiety, [[UK Emissions Anatomy]]. | ||
Each functions as a sort of add-on to the {{commoddefs}}, which you access by adding a new Part with some elections to the Schedule to your {{isdama}}. | Each functions as a sort of add-on to the {{commoddefs}}, which you access by adding a new Part with some elections to the Schedule to your {{isdama}}. This is also some cross-grading into the [[2006 ISDA Definitions]], and you may find yourself harking wistfully towards the dear old {{eqdefs}} too, if hedging disruption is something that keeps you awake at night. | ||
Now. In our humble opinion, the level of rigour, diligence and just plain old common sense you usually expect — however pedantically articulated and tediously applied —when beholding a new piece of work from the great ISDA foundries just feels lacking in these Emissions Annexes. Oh, fear not: pedantry and tedium abounds at a micro level: {{icds}} knows no boundaries when it comes to labouring what ought to be obvious. But when it comes to things are not so obvious — matters of substance, not form — {{carbonsquad}} has taken some positions which strike us as being ''eccentric'', to put it kindly, and ''utterly barking mad'' if we were to be speaking candidly among friends. | Now. In our humble opinion, the level of rigour, diligence and just plain old common sense you usually expect — however pedantically articulated and tediously applied —when beholding a new piece of work from the great ISDA foundries just feels lacking in these Emissions Annexes. Oh, fear not: pedantry and tedium abounds at a micro level: {{icds}} knows no boundaries when it comes to labouring what ought to be obvious. But when it comes to things are not so obvious — matters of substance, not form — {{carbonsquad}} has taken some positions which strike us as being ''eccentric'', to put it kindly, and ''utterly barking mad'' if we were to be speaking candidly among friends. | ||