Notice of Physical Settlement (NOPS) - Meaning
An irrevocable Confirmation that the Buyer of Protection will physically settle a credit default swap contract. An NOPS must be delivered within 30 calendar days of the Event Determination Date (EDD) and must contain a detailed description of the intended Deliverable Obligation. The Buyer may change the intended Deliverable Obligation, up to and including the Physical Settlement Date by the issuance of another NOPS. However, the settlement period is calculated from the day on which the first NOPS was delivered.
DhanGuard: All-in-One Solution for Business Setup in Dubai, UAE
DhanGuard is your ultimate one-stop solution for all your business needs. Whether you’re planning to set up a new company or expand your existing business in the UAE, we’ve got you covered with our comprehensive range of services. From Business Setup in UAE and Company Formation in Dubai to managing your financial and legal compliance, we provide everything you need under one roof.
Our services include:
- Company Formation in UAE and Dubai
- Opening a Business Bank Account in UAE and Dubai with a 99% success rate
- VAT & Corporate Tax Compliance
- Accounting, Bookkeeping, and Auditing Services
- Trade License Renewal
- Golden Visa Assistance
Let DhanGuard make your journey of Business Setup in Dubai seamless and hassle-free!
