Blog | derividoc

All Posts

Jul 15
2 min

How to approach the Uncleared Margin Regulation Project

The Financial Sector Conduct Authority has finalised and published the regulations for the margining of uncleared OTC derivatives transac...

11 viewsWrite a comment

Melissa van der Merwe

Jun 3
1 min

Serving Default Notices under Lockdown

(This is a summary of an article appearing in IQ or ISDA® Quarterly Magazine, May 2020) Parties who wish to serve a Default Notice, Early...

13 viewsWrite a comment

Melissa van der Merwe

May 5
2 min

Examining the Force Majeure Clause in the ISDA® in the Context of COVID-19: Could it Trigger?

When considering whether the force majeure clause could be triggered as a result of the COVID-19 crisis, one needs to break down the clau...

23 viewsWrite a comment

Melissa van der Merwe

Apr 5
2 min

Personal Reflections on the COVID-19 Crisis

Usually my monthly blog is on some important development in the derivatives industry or a new regulatory requirement which has been intro...

16 viewsWrite a comment

Melissa van der Merwe

Mar 18
1 min

Developments Surrounding IBOR Reform

If you’re wanting to keep up to date on the developments surrounding IBOR reform, go over to Ashurst’s new publication called 'IBOR Aware...

16 viewsWrite a comment

Melissa van der Merwe (Director)

Jan 27
2 min

2020: What to Expect in the OTC Derivatives Industry

2020 will see further regulations being finalised and implemented in South Africa and globally. The imminent focus will be preparing for ...

34 viewsWrite a comment

Melissa van der Merwe (Director)

Oct 25, 2019
2 min

Who is In Scope for the Variation Margin Rules in South Africa – the Buy-side Need to be Prepared!

At a recent meeting with the Financial Sector Conduct Authority, some clarity was given on which entities will be impacted by the propose...

34 views1 comment

Melissa van der Merwe (Director)

Jul 31, 2019
2 min

The US Stay Regulations and How they Impact South African Entities

Regulations issued by the FRB, the FDIC and the OCC (‘US Stay Regulations’) require US global systemically important banks (‘GSIBs’) and ...

39 viewsWrite a comment

Melissa van der Merwe (Director)

Jun 30, 2019
3 min

What Does the Rest of 2019 Have in Store for the Derivatives Market?

As we launch ourselves into the second half of 2019, here’s a snapshot of what we can expect in the derivatives market: US Resolution Sta...

44 viewsWrite a comment

Melissa van der Merwe (Director)

Jun 3, 2019
2 min

Initial Margin and Benchmark Reform: Take-aways from the ISDA® Conference in Johannesburg

This year’s ISDA® conference highlighted the enormous task that will be required from a documentation point of view to ensure compliance w...

59 viewsWrite a comment

Melissa van der Merwe (Director)

Mar 28, 2019
1 min

FSCA Extends ODP Deadline

The Financial Sector Conduct Authority has extended the deadline for registration of OTC Derivative Providers (ODPs) to 14 June 2019. Thi...

103 viewsWrite a comment

Melissa van der Merwe (Director)

Feb 19, 2019
1 min

Why Swap Trade Confirmations Could Benefit from RPA

This DerivSource article, by Prashant Panjwani (a Manager with the Business Consulting team at Publicis.Sapient), details why and how th...

35 viewsWrite a comment

Melissa van der Merwe (Director)

Feb 12, 2019
2 min

Risk South Africa Conference, October 2018

DeriviDoc Founder and Director, Melissa van der Merwe, attended the Risk South Africa (RiskSA) conference in Cape Town in October last ye...

7 viewsWrite a comment

Melissa van der Merwe (Director)

Feb 8, 2019
4 min

The Economics of Central Clearing: Theory and Practice

Central Clearing is a key component of regulatory reforms for OTC derivatives. A centrally cleared transaction will be cheaper than a bes...

23 viewsWrite a comment

Melissa van der Merwe (Director)

Jan 28, 2019
1 min

Bill Amending the South African Insolvency Act on OTC Derivatives Published for Comment

This article (04 September 2018) by Clinton van Loggerenberg and Kelle Gagné (from ENSafrica) gives an outline as to changes we are likel...

38 viewsWrite a comment

Melissa van der Merwe (Director)

Jan 22, 2019
2 min

What to Expect in 2019 ...

The year 2019 is upon us and as we look forward, we can expect to see the derivatives market being focused again on further regulatory ch...

21 viewsWrite a comment

Melissa van der Merwe (Director)

Nov 6, 2018
1 min

ISDA Publishes French and Irish Law Master Agreements

With Brexit negotiations teetering on a no-deal edge, counterparties trading under an English law governed ISDA may wish to have an optio...

19 viewsWrite a comment

Melissa van der Merwe (Director)

Sep 26, 2018
1 min

LSEG & JSE Launch Electronic Bond Trading Platform in South Africa

The London Stock Exchange Group (LSEG) has teamed up with the Johannesburg Stock Exchange (JSE) to launch South Africa’s first electronic...

29 viewsWrite a comment

Melissa van der Merwe (Director)

Aug 12, 2018
1 min

ASAP, Legally Speaking

Lawyer Ignacio de Almagro, in this article, gives an interesting insight into a common legal drafting question: Is there a difference betw...

37 viewsWrite a comment

Melissa van der Merwe (Director)

Jul 4, 2018
4 min

Long-form Confirmations and Close-out Amounts: A Key Court Case Assists in Interpreting the ISDA

Ashurst LLP recently reported on an interesting court case heard in the Singapore International Commercial Court (SICC) between Macquarie...

197 viewsWrite a comment

{"items":["5f0eb4acf24e6e001789bdc3","5ed774a190f9c30017d51245","5eb147c003af7b0017c22f80","5e89dd6d510322002d834d2d","5e72359b460e7a0017b8d933","5e2eab9956b4d90017c3c423","5e2ea6f84b425600178fa689","5e2ea6f8f7f6b70017ab7d05","5e2ea6f8d9a2c60017dcbc57","5e2ea6f8d3e8280017157950","5e2ea6f86cf3d1001770e1d9","5e2ea6f819dcb800170bac6a","5e2ea6f8538ef50017cf306e","5e2ea6f8d8a96f001828faeb","5e2ea6f856b4d90017c3be9b","5e2ea6f8d8a96f001828faec","5e2ea6f8ad58fe00174d7ad4","5e2ea6f84640e300177525b4","5e2ea6f823c35000175f3887","5e2ea6f8f7542700176a3684"],"styles":{"groupSize":1,"showArrows":true,"cubeImages":false,"cubeType":"fill","cubeRatio":1,"isVertical":true,"gallerySize":454,"collageAmount":0,"collageDensity":0,"groupTypes":"1","oneRow":false,"imageMargin":16,"galleryMargin":0,"floatingImages":0,"chooseBestGroup":true,"smartCrop":false,"hasThumbnails":false,"enableScroll":true,"isGrid":false,"isSlider":false,"isColumns":false,"isSlideshow":false,"cropOnlyFill":false,"fixedColumns":0,"enableInfiniteScroll":true,"isRTL":false,"minItemSize":120,"rotatingGroupTypes":"","rotatingCubeRatio":"","gallerySliderImageRatio":1.7777777777777777,"numberOfImagesPerRow":3,"numberOfImagesPerCol":1,"groupsPerStrip":0,"borderRadius":0,"boxShadow":0,"gridStyle":0,"mobilePanorama":false,"placeGroupsLtr":false,"viewMode":"preview","thumbnailSpacings":4,"galleryThumbnailsAlignment":"bottom","isMasonry":true,"isAutoSlideshow":false,"slideshowLoop":false,"autoSlideshowInterval":4,"useCustomButton":false,"bottomInfoHeight":0,"titlePlacement":"SHOW_BELOW","galleryHorizontalAlign":"center","galleryTextAlign":"center","galleryVerticalAlign":"center","scrollSnap":false,"itemClick":"expand","fullscreen":true,"allowSocial":true,"allowDownload":false,"allowTitle":true,"allowDescription":false,"loveButton":true,"loveCounter":false,"videoPlay":"hover","scrollAnimation":"NO_EFFECT","scrollDirection":0,"overlayAnimation":"FADE_IN","arrowsPosition":0,"arrowsSize":23,"watermarkOpacity":40,"watermarkSize":40,"useWatermark":true,"watermarkDock":{"top":"auto","left":"auto","right":0,"bottom":0,"transform":"translate3d(0,0,0)"},"loadMoreAmount":"all","defaultShowInfoExpand":1,"allowTitleExpand":true,"allowDescriptionExpand":true,"allowLinkExpand":true,"expandInfoPosition":0,"allowFullscreenExpand":true,"fullscreenLoop":false,"galleryAlignExpand":"left","addToCartBorderWidth":1,"addToCartButtonText":"","slideshowInfoSize":200,"playButtonForAutoSlideShow":false,"allowSlideshowCounter":false,"hoveringBehaviour":"NEVER_SHOW","thumbnailSize":120,"magicLayoutSeed":1,"imageHoverAnimation":"NO_EFFECT","calculateTextBoxHeightMode":"MANUAL","calculateTextBoxWidthMode":"PERCENT","textBoxHeight":350,"textBoxWidth":200,"textBoxWidthPercent":50,"textImageSpace":10,"textBoxBorderRadius":0,"textBoxBorderWidth":0,"textsVerticalPadding":-15,"textsHorizontalPadding":-30,"titleDescriptionSpace":6,"customButtonText":"","customButtonBorderWidth":1,"customButtonBorderRadius":0,"loadMoreButtonText":"","loadMoreButtonBorderWidth":1,"loadMoreButtonBorderRadius":0,"imageInfoType":"ATTACHED_BACKGROUND","itemBorderWidth":1,"itemBorderRadius":0,"itemEnableShadow":false,"itemShadowBlur":20,"itemShadowDirection":135,"itemShadowSize":10,"imageLoadingMode":"BLUR","expandAnimation":"NO_EFFECT","imageQuality":90,"usmToggle":false,"usm_a":0,"usm_r":0,"usm_t":0,"videoSound":false,"videoSpeed":"1","videoLoop":true,"gallerySizeType":"px","gallerySizePx":454,"itemBorderColor":{"themeName":"color_12","value":"rgba(209,224,235,1)"},"galleryLayout":1,"selectedLayout":"1|bottom|1|fill|true|0|true","layoutsVersion":2,"selectedLayoutV2":1,"isSlideshowFont":true,"externalInfoHeight":350,"externalInfoWidth":0},"container":{"width":940,"galleryWidth":972,"galleryHeight":1440,"scrollBase":0,"height":null}}