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| {{a|vmcsa|}}The {{CSA}} is annexed to the {{isdama}} and deals with collateralisation. Oddly, it is not itself a {{isdaprov|Credit Support Document}}, but instead a {{isdaprov|Transaction}} under the {{isdama}}, so frlom the point of view of the [[ISDA architecture]] the {{CSA}} is technically a {{isdaprov|Confirmation}}. | | {{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}}. |
| ({{isdaprov|Credit Support Document}}s, by contrast, are discrete things that sit outside the [[ISDA architecture itself]], like [[guarantee]]s and [[Letter of credit|letters of credit]] provided by third party {{isdaprov|Credit Support Provider}}s).
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| There are three basic varieties of {{CSA}}: the [[English law]] [[credit support annex]], where [[collateral]] is provided by [[title transfer]], and is thus a [[title transfer collateral arrangement]], the [[New York law]] [[credit support annex]] where [[collateral]] is provided (in theory) by [[pledge]], and is therefore is (in theory) a [[security collateral arrangement]], and the [[English law]] [[credit support deed]] 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 [[English law]] [[credit support deed]]. | |
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| In these pages, the varieties of {{CSA}} will be represented by: | | In these pages, the varieties of {{CSA}} will be represented by: |