Template:M summ 2018 CSD Other CSA: Difference between revisions

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(Created page with "In the {{imcsd}}, the {{imcsdprov|Other CSA}} concept weighs in to handle the complex job of teasing apart what is real regulatory initial margin and what is merely stuff your...")
 
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What you need to bear in mind here is that for your other margin arrangement to count as an Other CSA and for {{icds}}’s careful engineering to kick in, you will need to specify it as an {{imcsdprov|Other CSA}} in paragraph 13, unless it is already a Credit Support Annex under this {{isdama}} — because in that case it is already a Transaction under the Agreement, see? (Don ’t forget that Credit Support Deeds ''aren’t'' part of the {{isdama}} and ''do'' need to be specified as an {{imcsdprov|Other CSA}}. Even though, strictly speaking they’re deeds and not annexes and — oh well, how sad, never mind.
What you need to bear in mind here is that for your other margin arrangement to count as an Other CSA and for {{icds}}’s careful engineering to kick in, you will need to specify it as an {{imcsdprov|Other CSA}} in paragraph 13, unless it is already a Credit Support Annex under this {{isdama}} — because in that case it is already a Transaction under the Agreement, see? (Don ’t forget that Credit Support Deeds ''aren’t'' part of the {{isdama}} and ''do'' need to be specified as an {{imcsdprov|Other CSA}}. Even though, strictly speaking they’re deeds and not annexes and — oh well, how sad, never mind.


If I were more entrepreneurial than I am, I would make a witty tea-towel up about this, like that one with the rules of cricket on it, so dads could have it up in their home bars, like my father did, next to the poster of the chimpanzee playing tennis and scratching his arse.
If I were more entrepreneurial than I am, I would make a witty tea-towel up about this, like that one with the rules of cricket on it, so dads like mine could have it up in their home bars, next to the poster of the chimpanzee playing tennis and scratching his arse.

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