Template:M comp disc 1995 CSA 9(b)

In a rare, and beautiful confluence across twenty five years of time and an Atlantic ocean of space, paragraphs 9(b) of the 1995 CSA, 9(b) of the 2016 VM CSA and 11(d) of the 2016 NY Law VM CSA are utterly identical. How about that!

You can fault ISDA’s crack drafting squad™ for many things — and as you know, I do, readers — but not in this case for consistency. There’s a comparison in the panel to the right if you don’t believe me.