Security financial collateral arrangement

A word about credit risk mitigation →Go uptown Legal security: Mortgage • Pledge • Lien • Bailment Equitable security: Charge • fixed • floating | ABWOS | Equitable lien Credit risk mitigation: Title transfer | Guarantee | Letter of credit | Netting Friends and relations: Rehypothecation | Equivalent Documents: 1994 NY CSA | 1995 CSA | 1995 ISDA CSD (English law) Regulation: LPA 1925 | Financial Collateral Regulations | LPMPA 1994 Index: Click ᐅ to expand: Taking security Security Collateral 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.

A security financial collateral arrangement — to specialists, an “SFCA” — is, well, it’s not a title transfer financial collateral arrangement (“TTCA”), but rather one where collateral is transferred by way of possession only, where the receiver has a security interest and may even have legal title but down not have beneficial ownership of the asset in question ... buuuuuut if rehypothecation is allowed, may be able to sell it anyway. Confused? Don’t be. Well, do be, but don’t feel ashamed about it. All is explained in our article on the Financial Collateral Directive. And, if not in that one, in our section on cognitive dissonance.

Fly, you fools!

Or, check out our NY law Variation Margin CSA Anatomy.

But, really, you should fly. Fools.

See also

• Pledge
• Collateral
• Rehypothecation
• credit support annex