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Enron Mail |
Per my conversation with Edmund this morning, we are moving Germany to the
approved list for trading credit derivatives. Below is the list, now updated to reflect this change. European jurisdictions which are are approved for trading credit derivatives: Finland, Germany, Norway, Sweden, Switzerland, and the U.K.. The European jurisdictions which are not approved to trade credit derivatives include: France, Gibraltar, Ireland, Italy, Scotland, Spain, and The Netherlands. For banks incorporated in a non-approved jurisdiction, it may be possible for them to trade out of a branch located in an approved jurisdiction (i.e. U.S. and U.K. branches). This would have to be determined on a case by case basis. Canada is also not an approved jurisdiction for credit derivatives. Please let me know if there are any changes to this list.
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