Template:Ancient csa comparison: Difference between revisions

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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'''
| Governed by the laws of the state of New York, USA
| New York
| Governed by the laws of England and Wales
| 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 holderallowed if enabled in the CSA
| [[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)