Event Publicly Available Information:
This question was submitted pursuant to section 3.8(b) (Other Determinations Relating to the Overall Market), as described here: Link
| Date | Description | Document |
|---|---|---|
| Closed | Legal Sub Committee Statement Statement of the legal sub-committee of the Japan Determinations Committee. This statement is for guidance purposes only and is not a determination of, and does not bind, the Japan DC. | |
| Closed | Japan Determinations Committee Decision 21122009 | |
| DC Deliberating | Japan Determinations Committee Decision 16122009 The first meeting of the Japan Determinations Committee (the “DC”) in respect of issue number 2009121101 (Would a Restructuring Credit Event occur in the circumstances described at http://www.cdsdeterminationscommittees.org/docs/2009121101.pdf?) was held on Wednesday 16 December 2009. The DC does not generally believe that it is the correct forum for hypothetical questions. However, in light of the potential relevance of this question to matters currently facing the Japanese credit derivatives market, the DC felt that it would be appropriate for further consideration to be given in this case. The DC also decided that, because of the legal nature of the issues raised, this question and related matters should be referred to a legal sub-committee for more detailed review. The first meeting of the legal sub-committee of the DC will be held at 10am London time / 7pm Tokyo time on Thursday 17 December 2009. | |
| Request Accepted by DC | ||
| Pending DC Consent | 2009121101 | |
| Pending DC Consent |