ISDA Credit Support Deed: security interest — 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 ISDA English law Credit Support Deed. This document:

• • creates a security interest in the collateral;
• • does not form part of the Schedule to the Master Agreement — it is a stand-alone agreement; and
• • constitutes a Credit Support Document (as defined in the ISDA Master Agreement).

Also considered in this guidance note is the Phase One IM Credit Support Deed for Initial Margin produced by ISDA in 2016 which updates the English Law Deed.

See ISDA Credit Support Deed: security interest — English law.