IFRS 13 and ISDA Master Agreement: Difference between pages
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A commonly used standardised contract between counterparties trading OTC derivatives. | |||
:<span style="color:#4B0082">'''''ISDA Master Agreements - other provisions'''''</span> | |||
:"... extra provision required by the parties... may include: | |||
:escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party." | |||
:''The Treasurer's Wiki - Derivatives documentation'' | |||
== See also == | == See also == | ||
* [[ | * [[Collateral]] | ||
* [[ | * [[Credit support annex]] | ||
* [[Derivative]] | |||
* [[Derivative instrument]] | |||
* [[Derivatives documentation]] | |||
* [[GMRA]] | |||
* [[ISDA]] | |||
* [[MNA]] | |||
* [[OTC]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Revision as of 22:25, 16 March 2021
A commonly used standardised contract between counterparties trading OTC derivatives.
- ISDA Master Agreements - other provisions
- "... extra provision required by the parties... may include:
- escrow provisions to address potential problems arising from time differences between the places to which each party makes payments (i.e. one party could make a payment at the time it is obliged to do so in the relevant time zone but then fail to receive payment due to it from the other party); in this situation provision can be made for a third party to hold payments “in escrow” and only release a payment when it has received the corresponding payment from the other party."
- The Treasurer's Wiki - Derivatives documentation
