Wildy logo
(020) 7242 5778
enquiries@wildy.com

Wildy’s Book News

Book News cover photo

Vol 21 No 11 Nov/Dec 2016

Book of the Month

Cover of Criminal Injuries Compensation Claims

Criminal Injuries Compensation Claims

Price: £99.95

Pupillage & Student Offers

Special Discounts for Pupils, Newly Called & Students

Read More ...


Secondhand & Out of Print

Browse Secondhand Online

Read More...


Mastering The ISDA Collateral Documents: A Practical Guide for Negotiators 2nd ed


ISBN13: 9780273757177
Previous Edition ISBN: 0273659243
Published: December 2011
Publisher: Pearson Education Ltd
Country of Publication: UK
Format: Paperback
Price: £125.00



Low stock.

A timely updating of the only accessible single volume guide to the ISDA Credit Support Annexes, sanctioned under English and US law. The Annexes collateralise or secure over the counter derivatives risk exposure.

This is the companion book to Mastering the ISDA Master Agreements, now in its third edition. First published in 2002, the book is a guide to negotiation of the two main ISDA Credit Support Annexes which are used to support the ISDA Master Agreements.

The ISDA Credit Support Annexes are the main support documents which relate to collateralised or secure over the counter derivatives risk exposure. This book covers collateral management from an operational perspective and focuses on the two main ISDA Credit Support Documents. It provides a clear concise narrative on their provisions and amendments

Subjects:
Banking and Finance
Contents:
About the authors
Disclaimer
Acknowledgements
Authors' foreword
1. Introduction
Definition of terms
Why collateral is taken
Types of collateral
Product risk exposure covered
Evolution of collateral documentation
2. Collateral management from a European perspective
Some facts and figures
What collateral management units do
The importance of policies and procedures
Setting up the collateral relationship
Exposure monitoring and collateral valuation and calling Transfers
Reuse of collateral
Collateral substitutions
Distributions
Disputes
Portfolio reconciliations
Defaults
Branches
External collateral management services
3. Legal issues relating to collateral from the European and US perspectives
European perspective by Paul Harding
Introduction
General issues
Recharacterisation
Conflict of laws rules
The PRIMA rule
Other legal issues
ISDA collateral legal opinions
The European Directive on Financial Collateral Arrangements
Draft Hague Convention on indirectly held securities
Amending Directive to the Collateral Directive and Settlement
Finality Directive
Geneva Securities Convention
Collateralisation and central clearing counterparties
US perspective by Christian Johnson
Introduction
Enforcement of New York choice of law
Security interest creation and perfection
Exercising rights under the Security Agreement
Other issues
Other enforcement concerns
Dodd-Frank changes
4. Credit issues relating to collateral Establishment of collateral management risk guidelines
Initial margin Haircuts
Thresholds
Minimum Transfer Amounts
Eligible collateral Scope of collateralisation
Establishing policy for eligible collateral
Special counterparties
Sovereigns
Supranational entities
Hedge funds
Other duties
Risks
The Basel II Capital Accord
Position of collateralisation under Basel III
The future
5. The English Law
ISDA Credit Support
Annex
Paragraph by paragraph analysis
Glossary of terms in Paragraph
10. Examples of Paragraph
11. provisions
6. The New York Law
ISDA Credit Support
Annex
Paragraph by paragraph analysis
Glossary of terms in Paragraph
12. Examples of Paragraph
13. provisions
Comparison of the New York Law CSA with the English Law CSA
7. The ISDA English Law Credit Support Deed
Paragraph by paragraph summary of the English Law
Credit Support Deed Principal differences between the English Law CSA and the English Law Deed
ISDA Fallbacks for the English Law Credit Support Deed

Series: FT Mastering

£100.00