ISDA netting categories: Difference between revisions

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{{a|netting|}}When it comes to analysing netting opinions for {{isdama}}, one helpful thing ISDA came up with is to create generic categories of legal entity which local counsel could match the specific legal entities in that jurisdiction. So for example, an english [[limited liability company]], a Luxembourg [[société anonyme]] and a German [[aktiengesellschaft]] are each varieties of thegeneric ISDA category “[[Corporation]]”. This means that a netting engine needs to have only fifteen legal entity types, rather than thousands.
===In short===
*[[Bank/Credit Institution]]
*[[Central Bank]]
*[[Corporation]]
*[[Hedge Fund/Proprietary Trader]]
*[[Insurance Company]]
*[[International Organization]]
*[[Investment Firm/Broker-Dealer]]
*[[Investment Fund]]
*[[Local Authority]]
*[[Partnership]]
*[[Pension Fund]]
*[[Sovereign]]
*[[Sovereign Wealth Fund]]
*[[Sovereign-Owned Entity]]
*[[State of a Federal Sovereign]]
===In detail===
*{{bankcreditinstitution}}  
*{{bankcreditinstitution}}  
*{{centralbank}}
*{{centralbank}}
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*{{sovereignwealthfund}}
*{{sovereignwealthfund}}
*{{sovereignownedentity}}
*{{sovereignownedentity}}
*{{stateofafederalsovereign}}'''[[State of a Federal Sovereign]]''': The principal political sub-division of a federal Sovereign, such as Australia (for example, Queensland), Canada (for example, Ontario), Gennany (for example, Nordrhein-Westfalen) or the United States of America (for example, Pennsylvania). This category does not include a Local Authority. <br>
*{{stateofafederalsovereign}}


 
{{sa}}
{{Seealso}}
*[[ISDA netting categories]]
*[[ISDA netting categories]]
*[[Close-out netting]]
*[[Close-out netting]]
*[[ISDA Anatomy]]
{{c|Netting Categories}}