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2010 Global Master Securities Lending Agreement: Difference between revisions
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2010 Global Master Securities Lending Agreement (view source)
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The prevailing market standard {{tag|English law}} {{tag|stock lending}} master agreement. Compare with the {{msla}}. | The prevailing market standard {{tag|English law}} {{tag|stock lending}} master agreement. Compare with the {{msla}}. | ||
How do you say it? [[Jimzler|However you like, basically]]. | How do you say it? [[Jimzler|However you like, basically]]. The GMSLA is an agreement once drafted by a [[magic circle law firm]] but whose carriage nowadays is almost exclusively handled by inhouse lawyers and negotiators, to the point where seeking external advice on what a given provision means is a bad idea, because private practice lawyers will have far less of a clue — having likely never looked at a {{gmsla}} than will their inhouse clients who ask the question. This won’t stop them asking, of course. | ||
{{seealso}} | {{seealso}} | ||