Credit Support Deed: Difference between revisions
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May refer to the [[1995 ISDA Credit Support Deed]] (Security Interest - English Law) which allows parties to establish bilateral [[mark-to-market]] [[collateral]] arrangements under [[English law]] relying on the creation of a formal [[security interest]] in collateral in the form of securities and/or cash. It is a stand-alone document (not an Annex to the Schedule), but is otherwise comparable to the [[1994 NY Law CSA]] for use with {{isdama}}s subject to [[New York law]] (which also relies on the creation of a formal security interest in the collateral). | May refer to the [[1995 ISDA Credit Support Deed]] (Security Interest - English Law) is a {{tag|CSD}} which allows parties to establish bilateral [[mark-to-market]] [[collateral]] arrangements under [[English law]] relying on the creation of a formal [[security interest]] in collateral in the form of securities and/or cash. It is a stand-alone document (not an Annex to the Schedule), but is otherwise comparable to the [[1994 NY Law CSA]] for use with {{isdama}}s subject to [[New York law]] (which also relies on the creation of a formal security interest in the collateral). | ||
It may, of course, refer to something else as well. But isn't really likely to. | It may, of course, refer to something else as well. But isn't really likely to. | ||
{{csaanatomy}} | {{csaanatomy}} |
Revision as of 12:32, 10 September 2014
May refer to the 1995 ISDA Credit Support Deed (Security Interest - English Law) is a CSD which allows parties to establish bilateral mark-to-market collateral arrangements under English law relying on the creation of a formal security interest in collateral in the form of securities and/or cash. It is a stand-alone document (not an Annex to the Schedule), but is otherwise comparable to the 1994 NY Law CSA for use with ISDA Master Agreements subject to New York law (which also relies on the creation of a formal security interest in the collateral).
It may, of course, refer to something else as well. But isn't really likely to.
Replace with {{anat|csa}}