Close-out netting and financial collateral

We have in-depth knowledge of the close-out netting and financial collateral provisions set out in the Danish Securities Trading Act and broad experience in advising on these provisions.

Our assistance includes:

drafting of, and advice on, legal opinions in relation to the Danish close-out netting and financial collateral regulation, including both opinions for specific clients regarding their agreements and general opinions for organisations for the benefit of their members, for example under the capital adequacy rules
drafting of, and advice on, agreements under the Danish close-out netting and financial collateral regulation
advice on specific issues in relation to the regulation, e.g. pledge of securities accounts, substitution of collateral and ongoing provision of collateral based on mark-to-market calculations.