Multibranch ISDA: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{g}}An {{isdama}} in which at least one of the parties as designated itself as a Multibranch Party — that is, that it can transact out of more than one jurisdiction. Most [...") |
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{{g}}An {{isdama}} in which at least one of the parties as designated itself as a Multibranch Party — that is, that it can transact out of more than one jurisdiction. Most [[broker/dealer]]s will do this and you can read all about it in our glorious [[ISDA Anatomy]] in the {{isdaprov|Offices; Multi-Branch Parties}} clause. | {{g}}An {{isdama}} in which at least one of the parties as designated itself as a [[Multibranch Parties - ISDA Provision|Multibranch Party]] under Section {{isdaprov|10}} — that is, that it can transact out of more than one jurisdiction. Most [[broker/dealer]]s will do this for tax and other reasons and you can read all about it, and our wry commentary as to why, in our glorious [[ISDA Anatomy]] in the {{isdaprov|Offices; Multi-Branch Parties}} clause. | ||
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*[[Offices; Multi-Branch Parties - ISDA Provision]] | *[[Offices; Multi-Branch Parties - ISDA Provision]] | ||
Latest revision as of 08:50, 9 September 2019
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An ISDA Master Agreement in which at least one of the parties as designated itself as a Multibranch Party under Section 10 — that is, that it can transact out of more than one jurisdiction. Most broker/dealers will do this for tax and other reasons and you can read all about it, and our wry commentary as to why, in our glorious ISDA Anatomy in the Offices; Multi-Branch Parties clause.