Template:Gmsla equivalence: Difference between revisions
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The difference being? Well, it's a neat linguistic one: | The difference being? Well, it's a neat linguistic one: | ||
:Under the {{ | :Under the {{2000gmsla}} - if you're the sort of person who gets upset about this kind of thing - to capture the concept of an asset or collateral under the loan whichever way it presently happens to be travelling, you would need to say "{{eqderivprov|Securities}} or {{eqderivprov|Equivalent Securities}}, as the case may be". | ||
:In the | :In the {{2010gmsla}} you can capture the same concept by just saying "{{eqderivprov|Securities}}". Because "{{eqderivprov|Equivalent}}" {{eqderivprov|Securities}} is not a distinct from {{eqderivprov|Securities}}, but a subset of it. | ||
So, chapeau to those clever people at Freshfields Bruckhaus Deringer. | So, chapeau to those clever people at Freshfields Bruckhaus Deringer. |