Standard settlement time - GMSLA Provision

Well, not strictly speaking a 2010 GMSLA provision - more a textual reference, in clauses 8.1 and 8.2, the "standard settlement time" is not defined in the 2010 GMSLA but worth mentioning that, having recalled a loan, a Lender must allow at least a standard settlement cycle to ge the securities back. Which standa to reason if you think about it.

See also

• Standard settlement cycle in the world of equity derivatives.

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