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Participation in disclosing opinions on Draft Regulatory Framework for Close-Out Netting for Capital Market Institutions

Trade, economy and investment sector - Capital Market Authority
Organizer
About ProjectThe project aims to regulate Netting Agreements and related Financial Collateral Arrangements in connection with one or more Qualified Financial Contracts that falls under the Authority’s supervision, and entered into with at least one Party being a Capital Market Institution, and to ensure their enforceability in accordance with their terms both outside the scope of Bankruptcy Proceedings and following the commencement of any such proceedings, in accordance to the powers of the Authority under the Capital Market Law and the Bankruptcy Law, including the provisions of Article Two Hundred Fourteen of the Bankruptcy Law and Article Seventy-Nine of its implementing regulation.
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