ISDA Credit Support Annex: transfer — English law

There are three forms of credit support documentation published by ISDA which are governed by English law. This guidance note describes the 1995 English law ISDA Credit Support Annex. This document:

• • does not create a security interest — it constitutes an outright transfer of title to collateral;
• • forms part of the Schedule to the Master Agreement; and
• • constitutes a Transaction (as defined in the ISDA Master Agreement).

The guidance note also looks at the 2016 ISDA Credit Support Annex for Variation Margin (VM) Title Transfer — English law (the English Law VM Annex) and further ISDA margin requirements for uncleared derivatives.

See ISDA Credit Support Annex: transfer — English law.