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"<span style="line-height: 17px; font-size: small" class="Apple-style-span">The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of the ISDA 2013 EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol and Reporting Guidance Note.</span><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 15px; padding-left: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-weight: inherit; font-style: inherit; font-size: 12px; font-family: inherit; vertical-align: baseline; line-height: 17px; border-width: 0px; margin: 0px">The ISDA 2013 EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol is designed to allow swap market participants to simultaneously amend the terms of an agreement covered by the Protocol to reflect certain portfolio reconciliation and dispute resolution obligations imposed by Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (EMIR). The Protocol also includes a disclosure waiver relating to reporting and record keeping obligations under EMIR. ISDA will also shortly publish a standard agreement based on the Protocol which could be used between market participants to comply with these obligations on a bilateral basis, to the extent that they wish to do so...."</p><p style="padding-top: 0px; padding-right: 0px; padding-bottom: 15px; padding-left: 0px; border-style: initial; border-color: initial; outline-width: 0px; outline-style: initial; outline-color: initial; font-weight: inherit; font-style: inherit; font-size: 12px; font-family: inherit; vertical-align: baseline; line-height: 17px; border-width: 0px; margin: 0px">Select the link to read more from this artice. </p>
Web-link: http://www.mondovisione.com/media-and-resources/news/isda-publishes-the-isda-201...
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