英文摘要 |
The ISDA Master Agreement has played an important role in the OTC derivatives trading worldwide. This paper primarily focuses on issues regarding the authorized signatories of the ISDA Master Agreement to facilitate better understanding of current market practice, especially as it relates to the different types of counterparties active in the market. It further makes exploration of whether any legal risks exist, and if so, whether any reforms to the practice should be implemented to address such risk. |