NatWest Markets Plc Disclosures

Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us. These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to all transactions generally and are not product-specific (unless specified otherwise). Supplemental product-specific annexes to these disclosures can be found in the product-specific disclosures page and should be read in conjunction with these.

You will note that some disclosures are provided via links to an external website. While we have used reasonable efforts that documents contained in the link are accessible, you can also contact your salesperson in case of any questions or issues.

SDR Disclosure

This is a notice disclosing to which Swap Data Repository that NatWest Markets Plc (NWM Plc) is reporting when designated as the 'reporting counterparty' pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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General Disclosure Statement

This disclosure statement describes generally: (1) the material characteristics of a wide variety of derivative transactions that we may conduct with you; (2) the material risks of such transactions; and (3) typical material incentives and conflicts of interest that we may have with respect to such transactions. These transactions may relate to underliers related to one or more of the following classes of reference assets: interest rates, foreign exchange rates and currencies, credit instruments, asset-backed instruments, equities, and commodities. In addition, this disclosure is supplemented with more product specific disclosures contained in one or more annexes hereto. This General Disclosure Statement for Transactions should be read in conjunction with such annexes.

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Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us. These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to Rates transactions specifically. Some of these may be supplemental annexes to disclosures found on the General Disclosures page and should be read in conjunction with these.

Interest Rate Derivatives Disclosures Annex

This Annex is in relation to interest rate derivative transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us.These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to Credit transactions specifically. Some of these may be supplemental annexes to disclosures found on the General Disclosures page and should be read in conjunction with these.

Disclosure Documents
 

Credit Derivatives Disclosures Annex

 This Annex is in relation to credit derivative transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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ABS Swaps Disclosure Annex

This Annex is in relation to ABS swaps transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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2014 Credit Derivatives Definitions – ISDA Form of Confirmations

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Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us.These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to Equities transactions specifically. Some of these may be supplemental annexes to disclosures found on the General Disclosures page and should be read in conjunction with these.

Equity Derivatives Disclosures Annex 

This Annex is in relation to equity derivative transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us.These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to Commodities transactions specifically. Some of these may be supplemental annexes to disclosures found on the General Disclosures page and should be read in conjunction with these.

Commodities Derivatives Disclosures Annex

 This Annex is in relation to commodity derivative transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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Here you will find the notices and disclosures that NatWest Markets Plc (NWM Plc), as a registered Swap Dealer, is required to provide to you pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act in relation to swaps entered into between us.These notices and disclosures should be read prior to engaging in swaps transactions with us.

These are disclosures and notices that apply to FX transactions specifically. Some of these may be supplemental annexes to disclosures found on the General Disclosures page and should be read in conjunction with these.

Disclosure Documents
 

Foreign Exchange Derivatives Disclosures Annex 

 This Annex is in relation to foreign exchange derivative transactions and supplements, and should be read in conjunction with, the General Disclosure Statement for Transactions.

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Foreign Exchange Execution Service

This is in relation to certain disclosures which may be relevant in the event you engage with NWM Plc’s foreign execution service, as more fully described therein.

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Material economic terms
 

FX and Currency Derivatives Current Templates

The EMTA Template Terms for Non-Deliverable FX Forward Transactions, Non-Deliverable Currency Option Transactions and Non-Deliverable Cross Currency Transactions for various currency pairs are set forth below. These Template Terms, in each case, are the terms currently recommended by EMTA for forwards, options and cross currency transactions for each such currency pair. Please note that the Template Terms are not intended to be a substitute for a confirmation, but are intended to reflect market consensus on material non-trade terms that may be incorporated into a trade confirmation, unless otherwise agreed by the parties. Market participants are welcome to incorporate the Template Terms for any currency pair into their trade confirmations or may agree on different terms.

In addition, Annex A to the 1998 FX and Currency Option Definitions prepared by EMTA, Inc., ISDA, Inc and The Foreign Exchange Committee, and the Compendium thereto, are set forth below. Annex A represents the full and official set of rate source and other definitions. The Compendium to Annex has been prepared solely for the convenience of the market and is updated from time to time to include recent amendments to Annex A. Annex A and the official publications by EMTA, ISDA and the FXC of any amendments remain the definitive publications for these various terms. Annex A and the Compendium thereto may also be found on the websites of the co-sponsors, ISDA, Inc. and the Foreign Exchange Committee.

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