Legal Approach of Credit Default Swaps
Document and assess the documentation risk
- Understand the main legal characteristics of a CDS
- Apprehend the key points of the documentation
- Understand the modifications introduced by the Bing Bang and Small Bang protocols
Presentation of the regulatory framework applicable to CDS in French law
- Operation of credit
- Operation of insurance
- Who can sign a CDS and under what conditions?
- A financial futures
CDS documentation under ISDA
- Overview of the architecture of the contractual documentation between the parties
Case study: specific study of the most important definitions:
- Credit events
- The terms of the settlement of transactions
The recent development in the documentation: Big Bank and Small Bang protocol
- Credit Derivatives Determinations Committees
- Mechanism of public auction
- Small Bang and restructuring in Europe
Presentation of the regulatory framework applicable to CDS in French law
- Operation of credit
- Operation of insurance
- Who can sign a CDS and under what conditions?
- A financial futures
CDS documentation under ISDA
- Overview of the architecture of the contractual documentation between the parties
Case study: specific study of the most important definitions:
- Credit events
- The terms of the settlement of transactions
The recent development in the documentation: Big Bank and Small Bang protocol
- Credit Derivatives Determinations Committees
- Mechanism of public auction
- Small Bang and restructuring in Europe
Clément Saudo
Clement is an attorney with the law firm Gide Loyrette Nouel. He intervenes in the negotiation of agreements for financial futures including on FBF and ISDA, on operations of credit derivatives, on litigation related to derivatives and more generally on post-market issues and on the rules governing the organisation of banking or financial actors.
Clément Saudo also teaches :
- Approche juridique des Credit Default Swaps (Catalogue Marchés financiers)
- Carbon Finance (Catalogue English)
- Client Relationship of ISP (Catalogue English)
- Documentation des opérations de prêts de titres et des pensions livrées (Catalogue Marchés financiers)
- Droit des produits dérivés (Catalogue Marchés financiers)
- Finance Carbone (Catalogue Marchés financiers)
- L’actualité réglementaire des marchés financiers (Catalogue Marchés financiers)
- La conformité pour les juristes (Catalogue Marchés financiers)
- Legal aspects of carbon trading (Catalogue English)
- The Rights of Derivative Products (Catalogue English)