Collateral: Difference between revisions

466 bytes added ,  18 December 2017
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===[[Financial Collateral Directive]]===
In the context of the much, but fairly, maligned [[financial collateral directive]], note the distinction drawn between
*[[Security financial collateral arrangement]]s and
*[[Title transfer financial collateral arrangements]] (which for the most part, aren't really impacted by the directive, which is mainly about dealing with the painful details of perfecting security).
===[[Credit support]]===
===[[Credit support]]===
[[Collateral]], as a abstract concept, is securities and cash a counterparty puts up as [[credit risk mitigation]] under a [[title transfer collateral arrangement]] or a [[pledged collateral arrangement]]. <br />
[[Collateral]], as a abstract concept, is securities and cash a counterparty puts up as [[credit risk mitigation]] under a [[title transfer collateral arrangement]] or a [[pledged collateral arrangement]]. <br />
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For example: certain forms of [[option]] — swaptions for example — are [[collateral contract]]s.
For example: certain forms of [[option]] — swaptions for example — are [[collateral contract]]s.
{{seealso}}
*[[Financial Collateral Directive]]