2013 ISDA Standard Credit Support Annex

ISDA 1995 English Law Credit Support Annex A Jolly Contrarian owner’s manual™ Go premium The varieties of ISDA CSA Subject 1994 NY 1995 Eng 2016 VM NY 2016 VM Eng 2018 IM Eng Preamble Pre Pre Pre Pre Pre Interpretation 1 1 1 1 1 Security Interest 2 - 2 - 2 Credit Support Obligations 3 2 3 2 3 Transfers, Calculations and Exchanges - 3 - 3 - Conditions Precedent, Transfer Timing, Calculations and Substitutions 4 - 4 - 4 Dispute Resolution 5 4 5 4 5 Holding and Using Posted Collateral 6 - 6 - 6 Transfer of Title, No Security Interest - 5 - 5 - Events of Default 7 6 7 6 7 Rights and Remedies 8 - 8 - 8 Representations 9 7 9 7 9 Expenses 10 8 10 8 10 Miscellaneous 11 9 11 9 11 Definitions 12 10 12 10 12 Elections and Variables 13 11 13 11 13 Resources and Navigation Index: Click ᐅ to expand: CSA

The 2013 Standard CSA (or “SCSA” — not to be confused, as it commonly is, with WWF’s Stone Cold Steve Austin) as published by ISDA.

A nice idea — to overhaul and standardise the old 1994 NY CSA and bring it into the 21st century, but it died on the vine because, being ISDA, they couldn’t help overcomplicating it, and it turned out in light of Basel and IOSCO developments they’d bished the drafting and then regulatory margin became a thing, so they re-hashed it as SCSA 2, that still didn’t work, and the SCSA is really only a curio these days. The state-of-the-art documents are the Modern CSAs.

Premium content

Here the free bit runs out. Subscribers click 👉 here. New readers sign up 👉 here and, for ½ a weekly 🍺 go full ninja about all these juicy topics 👇

See also

• Stone Cold Steve Austin
• Modern CSAs