Ben regularly advises on the enforceability of netting, set-off and collateral arrangements, whether constituted under industry documents or otherwise, and regularly assists with the establishment of such arrangements for capital, compliance and other purposes.
A key focus in recent years has been on assisting clients to comply with global regulatory standards relating to uncleared OTC derivatives.
In particular, Ben has acted on various large-scale projects relating to the implementation of compliant variation and initial margin arrangements and was involved in industry initiatives developing collateral documentation to meet the requirements of margin rules.