Treasury bail-in law could create unlevel playing field, ISDA says

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Treasury bail-in law could create unlevel playing field, ISDA says

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Counterparties to derivatives contracts with UK credit institutions could suffer under plans from Her Majesty's Treasury to implement bail-in as part of the 2013 Banking Reform Act, ahead of the European Bank Recovery and Resolution Directive, according to the International Swaps and Derivatives Association.

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