24-32 Policies established by The International Swaps and Derivatives Association (ISDA)forbid swap contracts to be made between parties of different credit standing.

Question

Quizplus · Accepted Answer

ISDA policies do not forbid swap contracts between parties of different credit standing; instead, they provide a framework to manage credit risk through documentation and collateral agreements.

24-32 Policies Established by the International Swaps and Derivatives Association