Manufactured payments in respect of Loaned Securities - GMSLA Provision: Difference between revisions

Manufactured payments in respect of Loaned Securities - GMSLA Provision (view source)

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	{{~~fullanat\|gmsla~~\|6.2~~\|2010~~}}In other words the {{gmslaprov\|Borrower}} pays what the {{gmslaprov\|Lender}} would have received net, by reference to the Lender's own situation. This means that the {{gmslaprov\|Lender}} doesn't need to worry about different rates of tax or withholding applying to the {{gmslaprov\|Borrower}}. Makes sense, really.		{{gmslaanat\|6.2}}In other words the {{gmslaprov\|Borrower}} pays what the {{gmslaprov\|Lender}} would have received net, by reference to the Lender's own situation. This means that the {{gmslaprov\|Lender}} doesn't need to worry about different rates of tax or withholding applying to the {{gmslaprov\|Borrower}}. Makes sense, really.

	{{nuts\|GMSLA\|Manufactured payments in respect of Loaned Securities}}		{{nuts\|GMSLA\|Manufactured payments in respect of Loaned Securities}}