Template:Csa definitions and inconsistency summ: Difference between revisions

Template:Csa definitions and inconsistency summ (view source)

11 bytes removed , 31 August 2023

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 There is an interesting question as to what this might mean if your [[counterparty]] is also your banker, and you direct it to transfer [[credit support]] into the bank account you maintain with ''it'', meaning that legally the [[counterparty]] hasn’t done anything with the [[cash]] at all — not an unusual scenario, should you be a [[hedge fund]] and the [[counterparty]] your [[prime broker]] — but this will set your [[legal eagle]]s off again, and we don’t want that. We are just getting started.
-'''Nomenclature''': Being an [[annex]] to an {{isdama}}, references to the “{{isdaprov|Agreement}}” means that particular {{isdama}}; the “{{csaprov|Annex}}” is the {{csa}} and, if you were pedantic enough that you really felt the need to refer to it, the “{{isdaprov|Schedule}}” is the schedule to the {{isdama}}. <br>
+====Nomenclature====
-{{csacapsule 1(b)}}
+Being an [[annex]] to an {{isdama}}, references to the “{{isdaprov|Agreement}}” means that particular {{isdama}}; the “{{{{{1}}}|Annex}}” is the credit support annex and, if you were pedantic enough that you really felt the need to refer to it, the “{{isdaprov|Schedule}}” is the schedule to the {{isdama}}.