Common Contracts
1 similar 2002 Isda Master Agreement contracts
Assessment criteria2002 Isda Master Agreement • February 11th, 2020
The International Swaps and Derivatives Association (ISDA), which counts more than 900 members1 from 71 countries, has worked since 19852 on the standardisation of the contractual documentation pertaining to over-the-counter (OTC) derivatives transactions. It is that standardisation which enabled the tremendous growth of derivatives markets. The ISDA Master agreement, which serves to document OTC derivative transactions in respect of all types of underlying instruments entered into between two counterparties, has not only helped achieve better coordination of all participants involved in these financial markets, but also and above all created a new contractual framework governing their relationships.
