Credit Support Annex: Difference between revisions

Credit Support Annex (view source)

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	{{a\|vmcsa\|}}There are three basic varieties of {{CSA}}: the {{ukcsa}}, where [[collateral]] is provided by [[title transfer]], and is thus a {{ttca}}; the {{nycsa}} where [[collateral]] is provided (in theory) by [[pledge]], and is therefore is (in theory) a [{{sfca}}, and the {{csd}} where collateral is (in theory) provided by security interest but in practice is not passed at all, because in this day and age, no-one in their right mind uses an {{csd}}.		{{a\|vmcsa\|}}There are three basic varieties of {{CSA}}: the {{ukcsa}}, where [[collateral]] is provided by [[title transfer]], and is thus a {{ttca}}; the {{nycsa}} where [[collateral]] is provided (in theory) by [[pledge]], and is therefore is (in theory) a {{sfca}}, and the {{csd}} where collateral is (in theory) provided by security interest but in practice is not passed at all, because in this day and age, no-one in their right mind uses an {{csd}}.

	In these pages, the varieties of {{CSA}} will be represented by:		In these pages, the varieties of {{CSA}} will be represented by: