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This is the original, folks: the one that set the whole thing off. It would only be fair to point you give you a basic overview of what the differences are between the CSAs in a high level. | This is the original, folks: the one that set the whole thing off. It would only be fair to point you give you a basic overview of what the differences are between the CSAs in a high level. | ||
{| class="wikitable" style="font-family: Helvetica; font-size: 80%; text-align: right; vertical-align: top;" | |||
|- | |||
!'''' | |||
!1994 NY Law CSA | |||
!1995 English Law CSA | |||
|- | |||
|'''Governing Law''' | |||
| Governed by the laws of the state of New York, USA | |||
| Governed by the laws of England and Wales | |||
|- | |||
|'''Collateral Transfer Model''' | |||
| [[Pledge]] | |||
| Outright [[title transfer]] | |||
|- | |||
|'''Owner of posted collateral''' | |||
| Collateral Provider | |||
| Collateral Receiver | |||
|- | |||
|'''Holder of posted collateral''' | |||
| Collateral Receiver | |||
| Collateral Receiver | |||
|- | |||
|'''Holder’s right to reuse collateral''' | |||
| Rehypothecation by holderallowed if enabled in the CSA | |||
| Unlimited (return obligation is “equivalent” securities only) | |||
|- | |||
|} | |||
==That table of contents in full== | ==That table of contents in full== |