Mastering the ISDA Master Agreements: A Practical Guide for Negotiation (3rd Edition) by Paul Harding - Essential Resource for Financial Professionals, Lawyers, and Derivatives Traders

Every year institutions such as banks, financial institutions, and major corporations collectively spend millions of pounds globally in training people on the ISDA Master Agreement. This training takes place mainly through public courses which sometimes last 2-3 days and tend to leave attendees with bulky, uncoordinated materials and brain overload. Generally too much is attempted at these courses. It is like trying to turn a chess novice into a grandmaster in a few days.Mastering the ISDA Master Agreement will provide a practical, clear and useful foundation for the fledgling negotiator as well as supporting them with a good overview of the legal, credit and operational issues inherent in the ISDA Master Agreement.Published by the International Swaps and Derivatives Association, the ISDA Master Agreement is the main agreement used in the over-the-counter global derivatives market. It is a complex document and it normally takes 1-2 years for a negotiator to become fully proficient in its intricacies.Mastering the ISDA Master Agreement is the first book to offer clear, detailed, practical guidance on ISDA Master Agreement negotiation, which is vital to all institutions involved in OTC derivatives. It will provide the many new entrants globally to derivatives documentation with a practical negotiation guide so that they can approach their work confidently without the need for constant reference to seniors or regular attendance on training courses. It dispels any mystique to reveal a very versatile Agreement that any intelligent person can negotiate with a solid foundation of technical knowledge.Mastering the ISDA MasterAgreement clear facing page commentary on the Agreement and a sample Schedule examples of Schedule elements for special entities numerous examples of Schedule provisions chapters on the Agreement's legal, credit and operational aspects useful annexes offering key information in one place a simplified glossary of terms used in the Agreement. It will be of invaluable use to banks, other financial institutions, fund managers, law firms, credit officers, companies, regulators and financial students.