New ISDA Protocol will limit buy-side remedies in a financial institution failure

The ISDA 2014 Resolution Stay Protocol, published on November 12, 2014, by the International Swaps and Derivatives Association, Inc. (ISDA),1 represents a significant shift in the terms of the over-the-counter derivatives market.

Filed under:
Global, Derivatives, Insolvency & Restructuring, Ropes & Gray LLP, Buy side, International Swaps and Derivatives Association
Authors:
Timothy W. Diggins , Leigh R. Fraser , James M. Wilton , Anna Lawry , Molly Moore
Location:
Global
Firm:
Ropes & Gray LLP