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Paragraph 11 of the ISDA 2016 Credit Support Annex for Variation Margin (VM) (Title Transfer- English Law) for use in India (for Onshore Non-Centrally Cleared Derivative entered into between two Domestic Covered Entities), published on November 2, 2022
Paragraph 11 of the ISDA 2016 Credit Support Annex for Variation Margin (VM) (Title Transfer- English Law) for use in India (for Onshore Non-Centrally Cleared Derivative entered into between two Domestic Covered Entities), published on November 2, 2022
This template allows parties to establish variation margin arrangements that meet the requirements of new regulations on margin for uncleared swaps in India.
Parties using the 2016 Credit Support Annex for Variation Margin (VM) (Title Transfer- English Law) may complete Paragraph 11 of such Credit Support Annex in the manner set forth in this template.