Template:Ancient csa comparison: Difference between revisions
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| Outright [[title transfer]] | | Outright [[title transfer]] | ||
|- | |- | ||
| | |'''Eligible collateral''' | ||
| Cash, government securities, corporate bonds | | Cash, government securities, corporate bonds | ||
| Cash, government securities, corporate bonds | | Cash, government securities, corporate bonds | ||
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 |
| 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) |