The International Swaps and Derivatives Association, Inc. (ISDA) today announced the outcome of an annual process to determine the composition of five regional Determinations Committees (DCs). The DCs are responsible for determining whether a credit event has occurred in the credit derivatives market by comparing publicly available information to the legal conditions set out in the ISDA Credit Derivatives Definitions.
The process for selecting DC members is specified in the DC rules, and selection takes place on an annual basis. The selected firms (listed below) will serve on the DCs effective April 29, 2017.
Voting Dealers (for all regions):
Bank of America N.A.
Barclays Bank plc
BNP Paribas
Citibank, N.A.
Credit Suisse International
Deutsche Bank AG
Goldman Sachs International
JPMorgan Chase Bank, N.A.
Mizuho Securities Co., Ltd.
Société Générale
Voting Non-Dealers (for all regions):
AllianceBernstein L.P. Cyrus Capital Partners, L.P. Citadel LLC
Elliott Management Corporation
Pacific Investment Management Co., LLC
A DC exists in each of the following regions: Americas, Asia excluding Japan, Australia-New Zealand, EMEA (Europe) and Japan.
For more information, visit the Determinations Committee website: http://dc.isda.org/.
