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Informationen zum Autor About the author Paul Harding is a graduate of London University and has worked in several UK and foreign banks in London in credit, marketing and documentation roles. Since 1990 he has been involved with OTC derivatives documentation and was a well known negotiator in the City of London with Barclays Capital Securities Limited and Hill Samuel Bank Limited where he was head of Treasury Documentation. In February 1997 he founded Derivatives Documentation Limited ( http://www.derivsdocu.com ) , a derivatives consultancy and project management company based in the City of London and providing negotiation, recruitment and in-house and on-line training services in derivatives documentation. Its clients include many of the world's leading banks. Paul is also the author of Mastering Collateral Management and Documentation, written in conjunction with Christian Johnson, which was published in November 2002. Paul has also written books on ISDA® documentation for credit derivatives and on repos and their master agreement documentation. Klappentext The book is a practical guide for the negotiation of ISDA Master Agreements. The ISDA Master Agreement was published by the International Swaps and Derivatives Association, Inc ("ISDA") in January 1993 and 2002 and is the main agreement used in the over the counter global derivatives market. Over the counter or "OTC" derivatives are products designed for individual customers in contrast to the standardised derivatives products traded on exchanges. The rationale for the new edition is to build on the success of the first two editions. Once again the book will provide the many new entrants globally to derivatives documentation with a practical negotiation guide to both the 1992 and 2002 Agreements so that they can approach their work confidently without the need for constant reference to seniors or regular attendance on training courses. The ISDA Master Agreement is a complex document and it normally takes 1-2 years for a negotiator to become fully proficient. As well as absorbing the negotiation policies of the institution for which he works, the negotiator also needs to be aware of the implications of possible variations sought by negotiators in other institutions. This book would provide the following: a clear, user friendly explanation of the Sections of both Master Agreements a sample Schedule describing the reasons for the additions and amendments contained therein examples of variations commonly seen in the market and the effects of accepting them No other book combines these elements in one place. Zusammenfassung Published by the International Swaps and Derivatives Association, the 1992 and 2002 ISDA® Master Agreements are the main contracts used in the over the counter global derivatives market. Mastering the ISDA Master Agreements provides a practical, clear and useful guide to help understand and negotiate these Master Agreements. This revised and updated edition is an essential handbook for anyone involved in negotiating agreements, from financial institutions through to fund managers, law firms, credit officers, regulators and business students. The new edition includes: Increased focus on the 2002 ISDA Master Agreement Schedule Expanded sections on hedge fund and loan-linked Schedules The introduction of covered bonds The effect of the credit crunch, the role of derivatives and how this has affected the market The ISDA Mater Agreements are complex documents and it can take up to two years to become proficient in negotiating and understanding their key elements. Mastering the ISDA Master Agreements provides a detailed overview of the legal, credit and operational issues inherent in the ISDA Master Agreements. The book includes: ...
