Covered Transaction - VM CSA Provision

CSA Anatomy™ →Go uptown “Covered Transaction” has the meaning specified in Paragraph 11(b). (View Template) Resources Full wikitext | Nutshell wikitext English Law | 1 Interpretation | 2 Credit Support Obligations | 3 Transfers, Calculations and Exchanges | 4 Dispute Resolution | 5 Transfer of Title, No Security Interest, Distributions and Interest Amount | 6 Default | 7 Representation | 8 Expenses | 9 Miscellaneous | 10 Definitions | 11 Elections and Variables · Base Currency and Eligible Currency · Credit Support Obligations · Valuation and Timing · Exchange Date · Dispute Resolution · Distributions and Interest Amount · Addresses for Transfers · Credit Support Offsets · Other CSA 2018 ISDA Credit Support Deed for Initial Margin Index: Click ᐅ to expand: CSA Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Covered Transactions as a concept only arrives in the 2016 VM CSA. Until then, the neatest way of describing whether a given set of Transactions are covered or not is to say something like: “ [SPECIFY] Transactions will [not] be relevant for purposes of determining ““Exposure”” under the 1995 CSA. ”