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China Law Insight

Tag Archives: 2017 Netting Memo

ISDA publishes updated memoranda on China close-out netting

Posted in Global Network
By Richard Mazzochi and Minny Siu  King & Wood Mallesons’ Hong Kong office.

International Swaps and Derivatives Association, Inc. (“ISDA”) recently published the updated Legal memorandum on enforceability of close-out netting of privately negotiated derivatives transactions under ISDA Master Agreements in the PRC (“2017 Netting Memo”) and the new Memorandum of law on enforceability under PRC law of close-out netting of privately negotiated derivatives transactions under the ISDA Master Agreements against a PRC State Counterparty (“Soverei… More…/更多