Template:Csa Dispute Resolution comp: Difference between revisions
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'''1994 CSA (NY) v 1995 CSA (English)''': Largely equivalent, as this {{diff|85099|85096}} should tell you. | '''1994 CSA (NY) v 1995 CSA (English)''': Largely equivalent, as this {{diff|85099|85096}} should tell you. Things that are different are: | ||
''In the 1994 NY version'': the paragraph formatting is an absolute shower, and for reasons known best to itself, {{icds}} felt compelled to add “(or Swap Transaction)” after the word “Transaction” wherever it appears. | |||
''In the 1995 UK version'': “Transfer” is not a defined term and there is a “No Event of Default” subclause (seeing as the {{1995csa}} is a Transaction under the ISDA, whereas the {{1994csa}} is not. | |||
'''1995 CSA v 2016 VM CSA (English law)''': But for a subsection dealing with what should happen if you are on the 1992csa and not the 2002csa (which in 1995, had not been invented), they are functionally the same. Here is a {{diff|85096|37030}}. | '''1995 CSA v 2016 VM CSA (English law)''': But for a subsection dealing with what should happen if you are on the 1992csa and not the 2002csa (which in 1995, had not been invented), they are functionally the same. Here is a {{diff|85096|37030}}. | ||
Revision as of 14:28, 7 May 2024
1994 CSA (NY) v 1995 CSA (English): Largely equivalent, as this comparison should tell you. Things that are different are:
In the 1994 NY version: the paragraph formatting is an absolute shower, and for reasons known best to itself, ISDA’s crack drafting squad™ felt compelled to add “(or Swap Transaction)” after the word “Transaction” wherever it appears.
In the 1995 UK version: “Transfer” is not a defined term and there is a “No Event of Default” subclause (seeing as the 1995 CSA is a Transaction under the ISDA, whereas the 1994 NY CSA is not.
1995 CSA v 2016 VM CSA (English law): But for a subsection dealing with what should happen if you are on the 1992csa and not the 2002csa (which in 1995, had not been invented), they are functionally the same. Here is a comparison.