Index — Click the ᐅ to expand:
|
|
A word about credit risk mitigation
|
The art of making something - in legal circles, often a security interest like a fixed charge, perfect: tickety-boo, compliant with all formalities and enforceable in a court of your choosing.
Sadly, the Financial Collateral Directive has taken much of the fun out of this, by rendering it basically unnecessary: if i charge counts as a “financial collateral arrangement”, the formal registration and perfection requirements which would otherwise apply (eg notification; registering the security interest with the registrar of companies, the hilarious pantomime of the Slavenburg filing) do not apply.
See also