Derivatives Regulation Case Study: Regulatory Compliance Assessment Our Client: A Fortune 100 technology company with international operations and multiple hedging programs involving exchange-traded and over-the-counter (OTC) derivatives across different asset classes, including foreign exchange, interest rates, and credit. Situation: The company was concerned about the impact of new derivatives regulations on its hedging programs, including how the parent company and numerous subsidiaries might be classified under Title VII, what new regulatory requirements might apply, and the extent to which hedging costs may increase due to new regulatory requirements. The client’s hedging programs spanned multiple global regulatory jurisdictions and included several different entities including both financial and nonfinancial entities. Summary: Chatham conducted an in-depth review of the hedging programs, spending two days onsite at the client’s premises to interview stakeholders within the company, including representatives from treasury, risk, operations, legal, and…

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Regulatory Compliance Derivatives regulatory reforms, under Dodd-Frank for the U.S. and EMIR for Europe, have transformed the landscape of the OTC derivatives market. Chatham Financial has brought its 20-plus years of experience advising end users in the over-the-counter derivatives market to the global policy debate on financial regulatory reform. Experienced leadership: Our consultants have testified before the U.S. Congress and conducted educational briefings for Members of Congress and their staff. We’ve met with and written over 500 pages of comment letters to regulators in both the US and the EU, and been featured on panels of public roundtables hosted by the CFTC and SEC. We are also frequently quoted by news organizations in articles and opinion pieces which have appeared in numerous major publications. No other advisor to end users offers this powerful combination of market know-how and deep understanding…

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ISDA August 2012 Dodd-Frank Protocol Chatham clients are encouraged to contact your Chatham advisor for Step-by-Step instructions on the ISDA August 2012 Dodd-Frank Protocol. In order to comply with certain Dodd-Frank regulations, all major US-regulated dealer counterparties must amend their existing ISDA agreements with their customers for any transactions taking place on or after January 1, 2013. More Information: ISDA August 2012 Dodd-Frank Protocol If you are a client, please let Chatham know that you have amended your ISDAs through ISDA Amend: In order to help us facilitate trading after January 1, 2013, please send your completed Protocol documentation to ISDAprotocol@chathamfinancial.com. If you have any questions on the ISDA Protocol, please don’t hesitate to reach out to your Chatham advisor.

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Top 10 Regulatory Risks for End Users in 2011 December 29, 2010 This year will stand as a landmark year in the history of finance. 2010 saw the passage of the Dodd-Frank Act, legislation that constitutes the most comprehensive reworking of our financial system since the ‘30s. As 2010 comes to a close, regulators charged with writing and implementing the derivatives regulations under Title VII of the Dodd-Frank Act (“Title VII”) are nearing the half-way point. Chatham remains actively involved in the process, meeting with the primary financial regulatory agencies frequently and commenting on key rules. Download Complete Article

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