Template:Ancient csa comparison: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) (Created page with "{| class="wikitable" style="font-family: Helvetica; font-size: 80%; text-align: left; vertical-align: top;" |- !'''' !1994 NY Law CSA !1995 English Law CSA |- |'''Governing Law''' | Governed by the laws of the state of New York, USA | Governed by the laws of England and Wales |- |'''Collateral Transfer Model''' | Pledge | Outright title transfer |- |'''Owner of posted collateral''' | Collateral Provider | Collateral Receiver |- |'''Holder of posted collateral'''...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 6: | Line 6: | ||
|- | |- | ||
|'''Governing Law''' | |'''Governing Law''' | ||
| | | New York | ||
| | | England and Wales | ||
|- | |- | ||
|'''Collateral Transfer Model''' | |'''Collateral Transfer Model''' | ||
| [[Pledge]] | | [[Pledge]] | ||
| Outright [[title transfer]] | | Outright [[title transfer]] | ||
|- | |||
|{{{{{1}}}Eligible Collateral}} | |||
| Cash, government securities, corporate bonds | |||
| Cash, government securities, corporate bonds | |||
|- | |- | ||
|'''Owner of posted collateral''' | |'''Owner of posted collateral''' | ||
| Line 22: | Line 26: | ||
|- | |- | ||
|'''Holder’s right to reuse collateral''' | |'''Holder’s right to reuse collateral''' | ||
| Rehypothecation by | | [[Rehypothecation]] by holder allowed if enabled in the CSA | ||
| Unlimited (return obligation is “equivalent” securities only) | | Unlimited (return obligation is “equivalent” securities only) | ||
|- | |- | ||
|} | |} | ||
Revision as of 18:11, 5 May 2024
| ' | 1994 NY Law CSA | 1995 English Law CSA |
|---|---|---|
| Governing Law | New York | England and Wales |
| Collateral Transfer Model | Pledge | Outright title transfer |
| {{{{{1}}}Eligible Collateral}} | Cash, government securities, corporate bonds | Cash, government securities, corporate bonds |
| Owner of posted collateral | Collateral Provider | Collateral Receiver |
| Holder of posted collateral | Collateral Receiver | Collateral Receiver |
| Holder’s right to reuse collateral | Rehypothecation by holder allowed if enabled in the CSA | Unlimited (return obligation is “equivalent” securities only) |