Book Description
This text provides a practical, clear and useful foundation for the fledgling negotiator with an overview of the legal, credit and operational issues inherent in the ISDA Master Agreements. It is used as the basis for training courses on the subject. This second edition follows the first major revision of the Agreement for ten years. The book includes full updates on the changes. Contents include: Introduction, The Evolution of the ISDA Master Agreement, the 1992 ISDA Master Agreement, the 2002 ISDA Master Agreement, Legal Issues Relating to the ISDA Master Agreement from the European & US Perspectives, Credit Issues Relating to the ISDA Master Agreement, Operational Issues, Special Provisions for Special Entities & Those Sought By US Counterparties, New Developments.
From the Back Cover
“Discussing both legal aspects and the operationalenvironment of the ISDA Master Agreement, this book will certainly prove to bemuch more consulted, and well appreciated as its predecessor was. Thecomplicated made simple, this is a must-have for any one regularly confrontedwith the ISDA Master Agreement or it’s consequences.”
Sybrand de Vries, Regional Manager (Europe), ABN AMROBank NV.
“The thorough section by section review andsummary makes this an essential companion to the original edition. Togetherwith the new developments chapter, this is required reading for anybody new tonegotiating, as well as those who want to keep right up to date with themarket.”
Keith Spiller, Executive Director, UBS Investment Bank.
“Again a great a great piece of work, thispractical guidance will help the market to overcome the burden of a newagreement and to understand the concept behind it. This book definitelysupports the growth of the derivatives market and helps to establish the new2002 ISDA Master Agreement.”
Wilfried F. Schütte, Senior Legal Councel, DZ-Bank AG.
“This book keeps the qualities of thepredecessor intact. The ‘simple glossary’ explanations and clearreferences to the differences between the 1992 and the 2002 Agreement arevaluable tools for practitioners intending to enjoy the fruits of staying in‘ISDA Heaven’.
Svend Erik Walther, Documentation Manager, Danske Bank A/S.
Every year professionals in financial institutionsand major corporations around the world face the challenge of understanding andworking with the ISDA Master Agreement.
Mastering the ISDA Master Agreement 1992 and 2002,will provide a practical, clear and useful foundation for the fledgling negotiatoras well as supporting them with a good overview of the legal, credit andoperational issues inherent in the ISDA Master Agreement.
About the Author
Paul Harding is agraduate of London University and has worked in several UK and foreign banks inLondon in credit, marketing and documentation roles. Since 1990 he has beeninvolved with derivatives documentation, and was a well-known negotiator in theCity with Barclays Capital Securities and Hill Samuel Bank, where he was headof treasury documentation.
In February 1997 he founded Derivatives DocumentationLtd, a derivatives consultancy and project Management Company based in the Cityof London and providing negotiation, recruitment and in-house training servicesin derivatives documentation. Its clients include many of the world’sleading banks. In November 2001 Paul’s book, Mastering theISDA Master Agreement was published byFinancial Times-Prentice Hall. This was followed by his MasteringCollateral management and Documentation inconjunction with Christian Johnson, also in this series, which was published inNovember 2002.
Home
