Template:Csa Custody Arrangements and the Control Agreement summ: Revision history

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8 May 2024

  • curprev 13:3213:32, 8 May 2024Amwelladmin talk contribs 1,069 bytes +1,069 Created page with "Generally the {{{{{1}}}|Control Agreement}} will defer back to the controlling CSA to determine whether an event has occurred to entitle the {{{{{1}}}|Secured Party}} to exercise a {{{{{1}}}|Notice of Exclusive Control}}. The point of this whole arrangement being to provide credit mitigation in the unusual event that the party to a derivative contract immolates unexpectedly. This collateral is not there to be optimised, reused, financed (as variation margin might be), s..."