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- Derivatives
- ISDA documentation for OTC transactions
Scope of the ISDA master agreement — section 3 (representations)
This guidance note describes in detail the contents of the Section 3 representations of the ISDA Master Agreement and the importance of the representations made under an ISDA. Representations are pre-contractual statements of fact made by a party to a contract which induce another party to enter into that contract.
In s 3 of the ISDA Master Agreement (representations), the parties make a number of representations to one another.
See Scope of the ISDA master agreement — section 3 (representations).
