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Derivatives: ISDA Announces 2016 New York Law Variation Margin Credit Support Annex

The Energy Law

On April 14, 2016, the International Swaps and Derivatives Association, Inc. ISDA ) announced the 2016 ISDA Credit Support Annex for Variation Margin for use with New York law transactions (the 2016 CSA ). Parties to the 2016 CSA are able to negotiate collateral terms for variation margin in accordance with rules issued by U.S.