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IECA In-Person Event Update
During this tumultuous time, the health and well-being of our members, sponsors, and the IECA community is our top priority. Due to the escalating COVID-19 situation, increasing travel restrictions, lockdowns and turmoil in the markets, the IECA Board of Directors has voted to place a moratorium on in-person events scheduled between now and July 31, 2020. .
NEW! Are you ready for January 1? IECA QFC Stay Rule Compliance Document Logistics
Phil Lookadoo, Partner at Haynes and Boone, LLP and IECA Board member, takes viewers through the user-friendly steps companies will take when using the new IECA Bilateral Amendment to amend their existing Qualified Financial Contracts (QFCs) with GSIB banking organizations. As of January 1, 2020, if a GSIB has not conformed (i.e.amended) its existing QFCs with a counterparty to comply with the U.S. Bank Regulators’ QFC Stay Rules, then the GSIB is prohibited by the regulators from entering into any new trade on or after January 1 with that counterparty. VIEW NOW!