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What is the purpose of the Dispute Resolution Annex?

April 26, 2017annex dispute purpose resolution

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What is the purpose of the Dispute Resolution Annex?

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The purpose of the Dispute Resolution Annex was to tighten the timing of and improve the procedures for dispute resolution. The Dispute Resolution Annex sets forth procedures that define the responsibilities of each party to provide information to the other in the event of a dispute, the nature of that information and the timeframe in which that information must be provided. The procedures cover disputes relating to Delivery Amounts and Return Amounts and disputes relating to the Value of Transfers of credit support.