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FSB Welcomes Industry Initiative to Remove Cross-border Close-out Risk

Julia Schieffer

Julia Schieffer

on October 11, 2014
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The Financial Stability Board (FSB) welcomes the announcement today by the International Swaps and Derivatives Association (ISDA) of the agreement of a protocol to the ISDA Master Agreement as an important step to improve the effectiveness of cross-border resolution actions. 

More information via press release: http://www.financialstabilityboard.org/press/pr_141011.htm

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Julia Schieffer

Julia Schieffer

Editor

Julia Schieffer is the Founder & Editor of DerivSource.com, a leading online information source for OTC derivatives and post-trade professionals. A seasoned journalist, Julia specialises in OTC derivatives pre- and post-trade operations, technology (fintech/regtech), risk management and regulation....

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