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Does participation in the 2002 Master Agreement Protocol have any effect on 1992 ISDA Master Agreements?

April 26, 2017Agreement agreements isda master participation Protocol

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Does participation in the 2002 Master Agreement Protocol have any effect on 1992 ISDA Master Agreements?

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No. The Protocol only affects agreements in the form of the 2002 Master Agreement. It does not affect any agreement in a form other than the 2002 Master Agreement. So, for example, it does not affect existing 1992 Master Agreements (or any Transactions now or in the future governed by that 1992 Master Agreement or any credit support provisions now or in the future related to it) or 1992 Master Agreements entered into in the future.