ISDA derivatiViews: A Netting Milestone In China
ISDA derivatiViews: A Netting Milestone In China Date 04/05/2021 For the past 35 years, ISDA has consistently advocated for the enforceability of close-out netting as an indispensable foundation for safe and efficient derivatives markets. Every country that recognizes netting in its domestic legislation represents a positive step forward, but the draft legislation that has been tabled in China is a seminal milestone. On April 29, the Standing Committee of the National People’s Congress of China published a draft Futures Law for public consultation. Among its provisions, the draft bill ...
Source: mondovisione.com