2014 ISDA Credit Derivatives Definitions In Focus: Part Three (Successor Provisions)

Edmund Parker, Global Co-Head, Derivatives & Structured Products, continues his discussion of the finer points of the new 2014 ISDA Credit Derivatives Definitions in the third part of a new series.

Part Three in the Series provides a detailed analysis of the Successor Provisions (running time 20:04), and how these have been updated in the new 2014 Definitions to take account of the market events of the last 10 years.

To view the video please click here.

Part Three is preceded by two earlier focus episodes and a general overview discussion:

• Part Two, the Restructuring Credit Event
• Part One, incorporating Governmental Intervention Credit Event, Financial Reference Entity Terms and Relates Asset Package Delivery Provisions