Transfers - CSA Provision: Difference between revisions

Latest revision as of 18:29, 5 May 2024

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-{{csasnap|3(a)}}
+#redirect[[Transfers, Calculations and Exchanges - CSA Provision]]
-===Commentary===
-====Timings====
-The flush paragraph at the end provides (unless otherwise modified in the {{csa}}) that a demand for a {{csaprov|transfer}} of {{csaprov|Eligible Credit Support}} made at or before 1pm London time (the {{csaprov|Notification Time}}) on any day must be settled by close on the {{csaprov|Settlement Date}}, being (i) if cash, the following {{csaprov|Local Business Day}}, or (ii) if securities, the {{csaprov|Local Business Day}} after the day on which a trade in those securities made on the demand date would customarily settle.
-{{csaanatomy}}