A new approach to close-out netting legal opinions in respect of OTC derivatives and securities financing transactions

Reference

Akber Datoo, Paul Williams and Rhodri Whiteley, ‘A new approach to close-out netting legal opinions in respect of OTC derivatives and securities financing transactions’ (2023) 15 Journal of Securities Operations & Custody 260

Considers the difficulty and cost of reviewing and applying complex close-out netting legal opinions and whether they could partly be expressed in formal logic to address these problems.