Template:Ancient csa comparison: Difference between revisions

Revision as of 18:11, 5 May 2024

'	1994 NY Law CSA	1995 English Law CSA
Governing Law	New York	England and Wales
Collateral Transfer Model	Pledge	Outright title transfer
{{{{{1}}}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)

@@ Line 6: / Line 6: @@
 |-
 |'''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'''
 | [[Pledge]]
 | Outright [[title transfer]]
+|-
+|{{{{{1}}}Eligible Collateral}}
+| Cash, government securities, corporate bonds
+| Cash, government securities, corporate bonds
 |-
 |'''Owner of posted collateral'''
@@ Line 22: / Line 26: @@
 |-
 |'''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)
 |-
 |}