The International Swaps and Derivatives Association, Inc. (ISDA) last week
announced that it is broadening the leadership of the ISDA Documentation
Committee by forming an Advisory Board that will encompass buy- and sell-side
institutions to better represent global documentation needs across
constituencies.
The Board will provide strategic guidance and leadership to the Documentation
Committee's work on a range of topics, including new product documentation,
resource allocation across projects, legal opinion scope and coverage of Amicus
Briefs, and will replace the existing regional chairmanship structure.
“The new Advisory Board will boost ISDA's legal and documentation efforts
across regions and disciplines,” said Eraj Shirvani, Chairman of ISDA and Head
of Fixed Income EMEA at Credit Suisse. “The Board will facilitate a globally
consistent approach to documentation development and maintenance while ensuring
appropriate levels of regional expertise on key matters of relevance to both
buy-and sell-side.”
The Advisory Board will include the current chairs of the ISDA Documentation
Committee: Chip Goodrich (Deutsche Bank), Serge Salabi (BNP
Paribas),Teruo Tanaka (Royal Bank of Scotland) and Don Thompson
(JP Morgan Chase)
The following experienced industry practitioners have also agreed to serve on
the Board:
Tricia Bowden, Managing Director and Senior Counsel, Goldman Sachs
Japan Co., Ltd.
Sarah Lee, Associate General Counsel, Global Head of Credit
Derivatives, Legal and Derivatives Regulatory, Bank of America Merrill Lynch
Christopher Ramsay, Director and Associate General Counsel and Head of
Global Transaction Management, Citadel Investment Group, LLC
James Starky, Chief Legal Officer, Cairn Capital Limited
Andrew Wan, Director and Senior Counsel Asia Pacific Legal, Citibank,
N.A
The ISDA Documentation Committee provides overall direction for all
documentation projects and supervises the association's respective documentation
working groups. The Committee expands and updates the library of ISDA
documentation and works to ensure the enforceability of the netting provisions
of the Master Agreements.
Source: www.riskcenter.com | 
