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Determination of Client Money Entitlement 1992/2002 ISDA MA and CSA English Law Long Form Confirmation This paper summarises the approach taken with respect to potential Client Money entitlements of parties each a Creditor with whom LBIE had prior to 07.
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ISDA MA (Master Agreement) stands for International Swaps and Derivatives Association Master Agreement. CSA (Credit Support Annex) is a related agreement that governs margin collateral requirements for derivative transactions.
ISDA MA and CSA are typically filed by financial institutions, such as banks, hedge funds, and other entities engaged in derivative transactions.
ISDA MA and CSA are typically customized and negotiated between the parties involved in the derivative transactions. They are usually filled out through mutual agreement and consultation, with the assistance of legal and financial professionals.
The purpose of ISDA MA and CSA is to provide a standardized framework for negotiating, documenting, and executing derivative transactions. They establish the rights and obligations of the parties involved and help mitigate risks associated with these transactions.
ISDA MA and CSA do not require specific reporting of information. Instead, they outline the terms and conditions of the derivative transactions, collateral requirements, and dispute resolution mechanisms.
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