Template:Isda Credit Support Provider summ: Difference between revisions

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A {{csa}} is not a {{{{{1}}}|Credit Support Document}} at all, but a {{{{{1}}}|Transaction}} under the {{isdama}}. A {{nycsa}}, on the other hand, ''is'' a {{{{{1}}}|Credit Support Document}} though. Should a Party to the {{isdama}}, where there is a {{nycsa}}, be described as a “{{{{1}}}|Credit Support Provider}}"?
A {{csa}} is not a {{{{{1}}}|Credit Support Document}} at all, but a {{{{{1}}}|Transaction}} under the {{isdama}}. A {{nycsa}}, on the other hand, ''is'' a {{{{{1}}}|Credit Support Document}} though. Should a Party to the {{isdama}}, where there is a {{nycsa}}, be described as a “{{{{{1}}}|Credit Support Provider}}"?


'''No''', sayeth the Users' Guide to the {{1994csa}}:
'''No''', sayeth the Users' Guide to the {{1994csa}}:

Revision as of 20:52, 15 April 2020

A 1995 CSA is not a {{{{{1}}}|Credit Support Document}} at all, but a {{{{{1}}}|Transaction}} under the ISDA Master Agreement. A 1994 NY CSA, on the other hand, is a {{{{{1}}}|Credit Support Document}} though. Should a Party to the ISDA Master Agreement, where there is a 1994 NY CSA, be described as a “{{{{{1}}}|Credit Support Provider}}"?

No, sayeth the Users' Guide to the 1994 NY CSA:

“Parties to an ISDA Master Agreement should not, however, be identified as {{{{{1}}}|Credit Support Provider}}s with respect to the Annex, as such term is intended only to apply to third parties.”

So that’s cleared that up, then.