Derivatives: ISDA Announces 2016 New York Law Variation Margin Credit Support Annex
The Energy Law
MAY 5, 2016
For over 20 years, the existing 1994 CSA has been the preferred instrument for detailing credit support arrangements related to New York law ISDA contracts. Initial margin requirements are excluded from the 2016 CSA and, if applicable, would be addressed in a separate instrument.
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