Sorainen Belarus prepared a country memorandum for the International Swaps & Derivatives Association (ISDA) on the legal and regulatory framework applicable to derivative transactions under the laws of the Republic of Belarus and enforceability of international standard form market documentation developed for such transactions, including the ISDA Master Agreement. Country memoranda (similar to the one prepared by Sorainen) are relied upon by ISDA members when considering entering into derivative transactions with local counterparties.

ISDA is a global trade association of participants in the market for over-the-counter derivatives with more than 925 member institutions from 75 countries.

The Sorainen team included partner Kiryl Apanasevich and senior associate Ann Laevskaya with associate Artem Semchik.