New standard CSA could be rolled out in Q2 2012


Progress towards a new standard credit support annex (CSA) will be reviewed by the International Swaps and Derivatives Association board next month, and the document could be rolled out in two phases starting in the second quarter of 2012, say participants in the initiative.

Work on the new standard CSA, which governs the exchange of collateral in the over-the-counter derivatives market, began last year, and moved into the implementation planning phase after a feasibility study was presented to

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