Estudio Legal Bernal has a distinguished derivatives practice where it acts for all institutions (on both the buy-side and the sell-side) that trade derivatives, securities and structured products.

 

 ELB has extensive expertise working with different kinds of instruments in all of the asset classes including:

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• Over-the-counter (OTC) derivatives

• Embedded derivatives

• Exchange traded derivatives

• Stock lending and repurchase

 

 and all of the related and ancillary arrangements including: collateral management and credit support, valuation, netting, settlement, reporting, exchange and clearing access and give-ups. ELB offers a broad spectrum of services in this area including structuring, regulatory advice and drafting of the legal agreements and documents. For institutions that trade derivatives with European counterparties, ELB can assist them with the three core obligations of the European Market Infrastructure Regulation (EMIR): Reporting obligation, Clearing obligation and Risk mitigation.

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 The Firm services institutions of different calibre, from those that have a history of trading derivatives and financial products to those that are in the early stages of the process. ELB offers support and guidance to all of its clients at every stage of the process from initial discussion, onboarding and operational set-up to day-to-day trading, reconciliations and disputes.

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 Through the experience of working on-site for some of the largest financial institutions, the experts at ELB are able to navigate fluidly through the financial institutions’ departments and functions and be attune to their requirements. ELB can further assist in organising and arranging the payment and cash management of banking operations including settlement arrangements, processing of transactions and correspondent banking.  

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 Through its longstanding relationships with an array of leading financial institution, ELB can assist its clients to select the most suitable institutions to work with that meet their needs and requirements.