CDS alteration faces test in SNS Reaal case

ISDA is expected this year to release updated credit definitions, which will include measures to ensure securities other than bonds can be delivered into credit default swaps auctions. SNS Reaal, whose subordinated debt was expropriated by the Dutch government, provides a test case for an alterat...


This news summary appeared in ISDA dailyLead on 02/27/2013
Click here to view the full issue.

View the original article:
International Financing Review (free content)

Want to see more news summaries?
Sign up for ISDA dailyLead

ISDA dailyLead is a FREE, daily email newsletter that summarizes the day's top industry news from hundreds of sources. Each day, subscribers receive 8-10 headlines and news summaries like the one to the left
Sign up:
About SmartBrief
SmartBrief is the leading online publisher of targeted business news and information by industry. By combining technology and editorial expertise, SmartBrief filters thousands of sources daily to deliver the most relevant industry news in partnership with more than 180 trade associations, professional societies nonprofits and corporate entities