Template:Isda Credit Support Document summ

Being the document by which “Credit Support” is provided by a {{{{{1}}}|Credit Support Provider}}.

So one large and oddly baffling question is this:

Is a Credit Support Annex a “{{{{{1}}}|Credit Support Document}}”? It is, right? Isn’t it?

Well, some are, and some aren’t. Here is where JC gets all squirrelly on you. We can say this:

A New York law CSA, being a “security interest” collateral arrangement — say what you will about rehypothecation — is a {{{{{1}}}|Credit Support Document}}.

An English law CSA, being a “title transfer” collateral arrangement, is not a {{{{{1}}}|Credit Support Document}}.

An English law Credit Support Deed, which is a “security interest” collateral arrangement but does not have a rehypothecation right, is ... go on, see if you can guess:

Oh, all right, an English Law Credit Support Deed is a {{{{{1}}}|Credit Support Document}}, too.

If you want to know why this is the case — well, be a sport and stump up for the premium content version and then you can find out!