Wide ranging CDS changes set for March, says Isda

New CDS definitions are set for implementation early next year, says Isda, after a wide ranging review of the docs

Comment by: Anonymous. Posted 10 years ago [2013-07-17 02:06:26]

Good for ISDA! I volunteer to buy coffee for working groups that toil late into the evening. More seriously, what I don't see in this description is that ISDA will fix "the SNS Reaal problem" and also anticipate creatively any form of bank resolution scheme that regulators may devise.