A propos de Gide
Fondé à Paris en 1920, Gide est l’un des principaux cabinets d’avocats internationaux.
International
Gide intervient dans de nombreux pays et est implanté dans six régions du monde, avec 11 bureaux.
Fondé à Paris en 1920, Gide est l’un des principaux cabinets d’avocats internationaux.
Gide intervient dans de nombreux pays et est implanté dans six régions du monde, avec 11 bureaux.
4 juillet 2013
Client Alert | UK - Derivatives & Structured Products | July 2013
On 25 June 2013, the French Banking Federation (Fédération Bancaire Française or the “FBF”) updated its Master Agreement on forward financial instruments (the “FBF Master Agreement”). This version is the fourth version of the FBF Master Agreement (the “2013 FBF Master Agreement”) (1).
One of the stated aims of this update is to address new regulatory requirements imposed by Regulation (EU) No. 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (together with the nine regulatory and implementing technical standards adopted on 19 December 2012 by the European Commission to complement the obligations defined thereunder, “EMIR”). At the same time, the 2013 FBF Master Agreement incorporates various amendments aimed in particular at introducing greater flexibility with respect to the determination of the Settlement Amount and clarifying certain provisions of the FBF Master Agreement.
Download the PDF version of our client alert for more information.
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1) The first version was published by the FBF in 1994, followed by the second version in 2001 and the third in 2007.
