Template:LBD capsule CSA: Difference between revisions

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(Created page with "The keen will have noticed that {{csaprov|Local Business Day}} under an English law CSA is different from {{isdaprov|Local Business Day}} under the {{isdama}} itself, whereas...")
 
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The keen will have noticed that {{csaprov|Local Business Day}} under an English law CSA is different from {{isdaprov|Local Business Day}} under the {{isdama}} itself, whereas a {{nycsaprov|Local Business Day}} under a New York law CSA separately defines the term, but only to defer to the original definition in the {{isdama}}, pausing only to clarify that references to “payment” in the {{isdama}} definiton are [[deemed]] to include {{nycsaprov|Transfers}} under the CSA.
The keen will have noticed that {{csaprov|Local Business Day}} under an English law CSA is different from {{isdaprov|Local Business Day}} under the {{isdama}} itself, whereas a {{nycsaprov|Local Business Day}} under a New York law CSA separately defines the term, but only to defer to the original definition in the {{isdama}}, pausing only to clarify that references to “payment” in the {{isdama}} definiton are [[deemed]] to include {{nycsaprov|Transfers}} under the CSA.


Why ISDA’s British [[cds]] couldn’t have done this too, we can only wonder.
Why ISDA’s British {{cds}} couldn’t have done this too, we can only wonder.