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Changes to the US Person definition and the ISDA Cross-Border Swaps Representation Letter
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1 minute read
With the dust barely having settled on the EMIR Protocol, the latest regulatory deadline to be coming up fast is the change to the definition of US Person for the purposes of Dodd-Frank. This takes effect on 9 October 2013, and as a result your counterparties will probably already have started to ask you to confirm your new status.
In this publication we outline the material issues for the buy-side and how to deal with them through the ISDA Cross-Border Representation Letter.
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