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Credit Support Annex: Difference between revisions
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*'''{{nyvmcsa}}''': The updated [[New York law]] {{csa}}, being an enhanced version of the original {{1994csa}} updated to cater for regulatory [[variation margin]]. I haven’t done the {{1994csa}} in such detail because, frankly, bite me. Three {{CSA}}s should be AMPLE. | *'''{{nyvmcsa}}''': The updated [[New York law]] {{csa}}, being an enhanced version of the original {{1994csa}} updated to cater for regulatory [[variation margin]]. I haven’t done the {{1994csa}} in such detail because, frankly, bite me. Three {{CSA}}s should be AMPLE. | ||
*'''[[Credit support deed]]''': I haven’t done this one either, because as far as I know hardly anyone uses it, because the idea of granting a [[security interest]] over derivative [[variation margin]] is stupid.<ref>[[US attorney]]s will swear blind that this is not true, but all I can say is [[rehypothecation]].</ref> | *'''[[Credit support deed]]''': I haven’t done this one either, because as far as I know hardly anyone uses it, because the idea of granting a [[security interest]] over derivative [[variation margin]] is stupid.<ref>[[US attorney]]s will swear blind that this is not true, but all I can say is [[rehypothecation]].</ref> | ||
{{ | {{Csa title transfer vs pledge|vmcsa}} | ||
===The different types of [[Credit Support Annex]]=== | ===The different types of [[Credit Support Annex]]=== | ||
{{Csa clause table}} | {{Csa clause table}} | ||