Isda working group close to finalising standard CSA

trading-panic-race

Dealers are close to agreeing a final template for a new standard credit support annex (CSA), having made some significant changes in recent months in response to industry concerns.

The new document, being drawn up by an International Swaps and Derivatives Association working group, is meant to eliminate the embedded optionality in the existing CSA, which has led to a number of valuation disputes and caused novations to virtually slow to a halt (Risk subscribers can read an article explaining th

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: