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Regular version of the site

Article

Исполнение деривативных сделок с помощью центрального контрагента:постановка проблемы

Закон. 2016. № 1. С. 150-168.
Башкатов М. Л.

The article is devoted to contractual models, designed to formalise the legal relationship between the clearing members (parties to original derivative transaction) and the CCP. The author deals with legal concepts of novation, so-called “open offer”, cession (assignment), which are commonly used in international practices. Taking into consideration some Russian legal peculiarities and comparative lawexperience, the author comes to the conclusion that theconcept of assignment is much more preferable for theRussian derivatives market.