The recent volatility in the cryptocurrency markets has not tempered the momentum towards developing contractual standards and norms for digital asset derivatives.Continue Reading The key (terms) to unlocking the market: contractual standards for digital asset derivatives
Edmund "Ed" Parker is a partner and global practice head of Derivatives & Structured Products at Mayer Brown and previously served on the Firm's partnership board. Ed’s work covers all aspects of derivatives at the highest levels. He has been nominated as Global Derivatives Lawyer of the Year, a reflection of his technical excellence in this field.
He is a trusted thought leader for both clients and the profession, writing extensively on derivatives matters. Under his stewardship, the team was declared Global Law Firm of the Year – Overall at the 2019 GlobalCapital Derivatives Awards. The practice was previously declared European Law Firm of the Year – Transactions in 2018 and 2017; and Americas Law Firm of the Year – Overall in 2019 and 2018. The practice was also commended in the “Complexity and Scale” category of the FT Innovative Lawyers Report: Europe in 2018.
The Mayer Brown derivatives team recently attended (virtually, as is increasingly market standard) ISDA’s conference on “Developments in Crypto Derivatives”. This is a “hot” area of the legal market, as we have recently reported on this blog, and so the conference was well attended.
In this post we summarise the main themes of the conference and issues market participants should consider regarding crypto derivatives.Continue Reading Developments in Crypto Derivatives
Two years ago, I was standing in front of our Mayer Brown offices in Frankfurt, boiling in 38 degree heat, filming a trailer for Linkedin for our 5th Annual OTC Derivatives Seminar, which we had clients coming from across Germany, to attend.
Last June , with international lock-down well under way, we took our…
Our annual Mayer Brown OTC Derivatives Seminar continues for a second year in webinar form.
This year, we offer you the opportunity to participate in an interactive seminar, structured as a series of four quick sessions. Each lasts around half an hour, with the opportunity to interact with our team in a live Q&A session.…
Each episode, they will discuss a topic at the intersection of enforcement by the Commodity Futures Trading Commission (CFTC) and the Department…
Synthetic Securitisation relies heavily on underlying credit derivatives and similarly structured guarantees, and has had the benefit of two new EU “Amendment Regulations“, both of which came into force on 9 April 2021.
The Amendment Regulations amend the EU Securitisation Regulation and the Capital Requirements Regulation (the “CRR“) and implement, the…
It’s now almost three months since the 2020 ISDA IBOR Fallbacks Protocol (the “Protocol“) went live. In April, a US “legislative solution” became law for tough LIBOR legacy derivatives contracts governed by New York law, and in Germany the German Banking Association’s “Supplementary Agreement for IBOR Succession”, is gathering momentum.
In our latest,…
Have you met Anna? Well actually, although experts in the market pronounce it Anna, it’s spelt “AANA”.
Annually, or perhaps “AANAually” since 2016, with the notable exception of 2020, the breadth of derivatives counterparties in-scope for posting initial margin under the global margin rules, has expanded.
Back in 2016, a “Phase 1” derivatives…
The UK Financial Conduct Authority (FCA), the UK regulator responsible, broadly, for market conduct made an announcement (the FCA LIBOR Announcement) on 5 March 2021, on the future cessation or loss of representativeness of all (35) LIBOR benchmarks.
Continue Reading What the FCA’s announced Index Cessation Event means for the 13,500+ adherents and other users of the 2020 ISDA IBOR Fallbacks Protocol and Fallbacks Supplement
Who wants to see digitalisation of legal contracts? Well certainly the derivatives contingent of the financial services industry which is battling increasingly complex standard documentation, streams of regulatory re-papering projects, and the continuous need to put in place age-old favourites such as the ISDA Master Agreement. Let’s focus on the ISDA Master Agreement, the hugely successful framework document underpinning most OTC derivatives trading.
Continue Reading Digital Derivatives – ISDA Create