+Article 13a 3.

Article 13a 3.

Paragraphs 1 and 2 shall apply only to OTC derivative contracts the amendment or novation of which:

(a) 

is necessary for the purpose of replacing a benchmark in the context of benchmark reforms;

(b) 

does not change the economic substance or risk factor represented by the reference to a benchmark in such contract; and

(c) 

does not encompass other changes to any legal term of that contract that does not relate to the benchmark referenced and thus potentially amends the contract in a way that effectively requires it to be considered a new contract.

1. Apžvalga

,

1.1 Nuorodos

1.2 Nustatyti reikalavimai

1.3 Susiję standartai

2. Nustatyti reikalavimai

Reikalavimai

3. Susiję standartai

Standartai