Fédération Bancaire Française seeks advice in drafting of clearing documentation
Clients Fédération Bancaire Française (FBF)
Jones Day is providing advice to Fédération Bancaire Française (FBF) regarding the coordination of a working group set up by the FBF in connection with the drafting of a Clearing Annex to the FBF standard master agreement for derivatives transactions. This documentation is required by the new European Market and Infrastructure Regulation and is an adaptation to French law of the ISDA/FOA OTC Client Cleared Addedum published in 2013 jointly by the International Swaps and Derivatives Association (ISDA) and the FIA-Europe (Futures Industry Association).
Jones Day is Official Counsel in France for the ISDA and the FBF.