Euromoney Legal Training

Euromoney Legal Training and this course are neither endorsed by, nor affiliated with, ISDA®.

Course overview

Since 1990 Euromoney Legal Training, in association with Schuyler K. Henderson, has organised a widely praised course on the basic legal concepts in swaps and the documentation of swap transactions using the ISDA® Master Agreements. Each year, swaps and derivatives become more and more complex. New developments in equity and credit derivatives and insurance derivatives and synthetic securitization, new and emerging jurisdictions are involved, and derivatives are increasingly used as part of financing structures.

This course is specifically designed for delegates who having mastered the basic issues, are facing the challenges of these new and complicated applications. As the range of users and applications of swaps and derivatives increase, the legal and documentation issues become difficult and require more sophisticated techniques.

How this course will help you

You will learn:

• The significance of "appropriateness" and "suitability"
• Use of derivatives in project financing
• Rationale, "Tricks" and risks in structured financing
• Synthetic investing
• Off balance sheet structures: lending against puts and calls
• Legal structure, key terms, documentation and risks incredit derivatives and equity derivatives
• Repackagings and synthetic securitisation
• Use of the ISDA® Master Agreements in structured financing

Who should attend?

The course is specially designed for those with some experience of swaps and the associated legal issues. It is particularly suitable for past delegates of Euromoney's Legal Issues in Swaps and Swap Derivatives course.

• In-house lawyers in banks and securities houses
• Bankers involved in complex financing using swaps and derivatives
• Lawyers in corporations, fund managers and other end users
• Lawyers and accountants in private practice who advise clients on the above categories
• Senior documentation staff
• Compliance officers

ISDA® is a registered trade mark of the International Swaps and Derivatives Association.

• Schuyler K Henderson

  Schuyler K. Henderson is one of the leading International Financial Lawyers. Since 1977 he has been resident in London, during which time he has represented numerous international financial institutions in the full range of credit extensions, including syndicated lending, letter of credit and guarantee facilities, secured financings, shipping and aircraft financings, securities issuances and derivatives. He has been particularly active in the derivatives market, having acted for one of the participants in the first currency exchange agreement in1977. Since then he has been actively involved in the creation of innovative financial products on behalf of over fifty financial institutions, and is generally regarded as one of the leading derivatives lawyers. His practice has regularly included: developing new products; structuring, drafting and negotiating complex financings, including repackagings, credit-linked securities and tax or regulatory driven structured transactions; preparation of standard form ISDA documentation (including for use with specialised counterparties and confirmation templates for virtually all types of derivatives); supervision of backlog documentation; provision of regulatory, enforcement and tax advice in respect of over 30 jurisdictions; enforcement of derivatives documentation: representation of parties in disputes involving derivatives; and establishment of derivatives dealers in a number of jurisdictions. Schuyler is the author of numerous publications on financial topics, and is a member of the Editorial Advisory Board of Butterworths Journal of International Banking and Financial Law. He is a regular speaker and chairman at various conferences on international finance in many international financial centres. He is the author of Henderson on Derivatives (LexisNexis 2003).

  Courses run by this instructor

  • 7th Swaps & Other OTC Derivatives School - London

Interested in holding this course in-house? Please fill out your details and a member of our team will be in touch with more information.

Swaps & Other OTC Derivatives - Copenhagen

26-28 Sep 2012 (Copenhagen, Denmark)

Swaps and derivatives have become a vital tool in risk management and structured financings and are used by an ever-increasing number of banks, financial institutions, funds and corporations. This Euromoney Legal Training course will teach delegates how to properly document a transaction to protect all the parties involved.

7th Swaps & Other OTC Derivatives School - London

9-13 Jul 2012 (London, United Kingdom)

Swaps and other OTC derivatives have grown both in volume and in complexity over the years. They provide flexible, effective and valuable tools for risk management and investment. On the other hand, they were blamed by some for the recent financial crisis largely due to their role in structured financings. Swaps are legally complex, a fact that frequently leads to litigation. To protect all parties involved, transactions must be properly documented