82,891
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
A {{tag|collateral}} arrangement whereby, instead of instigating a [[pledge]] or [[security interest]] of some kind, a debtor provides cash or financial collateral to its creditor by means of [[title transfer]] against a contingent obligatgion on the creditor to return an [[equivalent]] security should the exposure be resolved. | A {{tag|collateral}} arrangement whereby, instead of instigating a [[pledge]] or [[security interest]] of some kind, a debtor provides cash or [[financial collateral]] to its creditor by means of [[title transfer]] against a contingent obligatgion on the creditor to return an [[equivalent]] security should the exposure be resolved. | ||
Known, for the purposes of the [[Financial Collateral Regulations]] as a [[title transfer financial collateral arrangement|title transfer ''financial'' collateral arrangement]]. But it's the same thing among us finance lawyer freaks, and contrasted sharply with a [[security financial collateral arrangement]], which is a whole different thing. | |||
This has profound — some might say a bit barmy — consequences when one considers the {{eureg|2015|2365|EC}} (also known, stiffly, as [[The Regulation on Transparency of Securities Financing Transactions and of Reuse]], more casually, as the [[securities financing transaction regulations]] and fondly as {{tag|SFTR}}) which, at Article 15, have some things to say about {{tag|title transfer}} collateral arrangements and what you have to tell your counterparty about them. | This has profound — some might say a bit barmy — consequences when one considers the {{eureg|2015|2365|EC}} (also known, stiffly, as [[The Regulation on Transparency of Securities Financing Transactions and of Reuse]], more casually, as the [[securities financing transaction regulations]] and fondly as {{tag|SFTR}}) which, at Article 15, have some things to say about {{tag|title transfer}} collateral arrangements and what you have to tell your counterparty about them. | ||
Line 8: | Line 10: | ||
===See also=== | ===See also=== | ||
*Financial Collateral Regulations]] | |||
*[[pledged collateral arrangement]] | *[[pledged collateral arrangement]] | ||
*[[credit risk mitigation]] | *[[credit risk mitigation]] | ||
*[[Chicken Licken]] | *[[Chicken Licken]] |