Template:Ancient csa comparison: Difference between revisions
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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'''..." |
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{| class="wikitable" style="font-family: Helvetica; font-size: 80%; text-align: left; vertical-align: top;" | {| class="wikitable" style="font-family: Helvetica; font-size: 80%; text-align: left; vertical-align: top;" | ||
|- | |- | ||
!'''' | !'''Term''' | ||
!1994 NY Law CSA | !1994 NY Law CSA | ||
!1995 English Law CSA | !1995 English Law CSA | ||
|- | |- | ||
|'''Governing Law''' | |'''Governing Law''' | ||
| | | New York | ||
| | | England and Wales | ||
|- | |- | ||
|'''Collateral Transfer Model''' | |'''Collateral Transfer Model''' | ||
| [[Pledge]] | | [[Pledge]] | ||
| Outright [[title transfer]] | | Outright [[title transfer]] | ||
|- | |||
|'''Eligible collateral''' | |||
| Cash, government securities, corporate bonds | |||
| Cash, government securities, corporate bonds | |||
|- | |- | ||
|'''Owner of posted collateral''' | |'''Owner of posted collateral''' | ||
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|- | |- | ||
|'''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) | ||
|- | |- | ||
|} | |} |
Latest revision as of 16:45, 15 August 2024
Term | 1994 NY Law CSA | 1995 English Law CSA |
---|---|---|
Governing Law | New York | England and Wales |
Collateral Transfer Model | Pledge | Outright title transfer |
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) |