Recent Developments on the Ultra Vires in the U.K Courts and the Relationship with the Representation of Power to Execute in the ISDA 2002 Master Agreement

Mark Hsiao

Recent Developments on the Ultra Vires in the U.K Courts and the Relationship with the Representation of Power to Execute in the ISDA 2002 Master Agreement

School of Law

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

Abstract

Discusses significant policy changes since Hazell v Hammersmith and Fulham LBC (HL) in respect of whether a local authority has the legal capacity to enter swap derivative transactions under the ISDA 2002 Master Agreement. Explains the relevant shift in capacity, and the applicable remedies.

Original language	English
Pages (from-to)	79-86
Journal	Journal of International Banking Law & Regulation
Volume	38
Issue number	3
Publication status	Published - 2023

Bibliographical note

Research Unit(s) information for this publication is provided by the author(s) concerned.

Research Keywords

Capacity
Derivatives
International Swaps and Derivatives Association
Local authorities' powers and duties
Local government finance
Master agreements
Swap agreements
Ultra vires

Other Access Options

Check CityUHK Library

Permanent Link

Right click to copy link

Cite this

@article{4c95de4abd8b47e4a4f42a670f381df0,

title = "Recent Developments on the Ultra Vires in the U.K Courts and the Relationship with the Representation of Power to Execute in the ISDA 2002 Master Agreement",

abstract = "Discusses significant policy changes since Hazell v Hammersmith and Fulham LBC (HL) in respect of whether a local authority has the legal capacity to enter swap derivative transactions under the ISDA 2002 Master Agreement. Explains the relevant shift in capacity, and the applicable remedies.",

keywords = "Capacity, Derivatives, International Swaps and Derivatives Association, Local authorities' powers and duties, Local government finance, Master agreements, Swap agreements, Ultra vires",

author = "Mark Hsiao",

note = "Research Unit(s) information for this publication is provided by the author(s) concerned.",

year = "2023",

language = "English",

volume = "38",

pages = "79--86",

number = "3",

}

TY - JOUR

T1 - Recent Developments on the Ultra Vires in the U.K Courts and the Relationship with the Representation of Power to Execute in the ISDA 2002 Master Agreement

AU - Hsiao, Mark

N1 - Research Unit(s) information for this publication is provided by the author(s) concerned.

PY - 2023

Y1 - 2023

N2 - Discusses significant policy changes since Hazell v Hammersmith and Fulham LBC (HL) in respect of whether a local authority has the legal capacity to enter swap derivative transactions under the ISDA 2002 Master Agreement. Explains the relevant shift in capacity, and the applicable remedies.

AB - Discusses significant policy changes since Hazell v Hammersmith and Fulham LBC (HL) in respect of whether a local authority has the legal capacity to enter swap derivative transactions under the ISDA 2002 Master Agreement. Explains the relevant shift in capacity, and the applicable remedies.

KW - Capacity

KW - Derivatives

KW - International Swaps and Derivatives Association

KW - Local authorities' powers and duties

KW - Local government finance

KW - Master agreements

KW - Swap agreements

KW - Ultra vires

M3 - RGC 21 - Publication in refereed journal

SN - 1742-6812

VL - 38

SP - 79

EP - 86

JO - Journal of International Banking Law & Regulation

JF - Journal of International Banking Law & Regulation

IS - 3

ER -

Recent Developments on the Ultra Vires in the U.K Courts and the Relationship with the Representation of Power to Execute in the ISDA 2002 Master Agreement

Abstract

Bibliographical note

Research Keywords

Other Access Options

Permanent Link

Fingerprint

Cite this