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ISDA 2019 French IM Collateral Documents for Use with a Bank Custodian
ISDA 2019 French IM Collateral Documents for Use with a Bank Custodian
The following French law governed documents are used to document a collateral arrangement between two parties where the collateral is held in a bank custodian account for use in complying with initial margin requirements. The CTAs and Security Agreements are prepared as English, French and dual language versions and the CTAs are the same as the ISDA 2019 Collateral Transfer Agreement for Initial Margin (IM) except: (1) they are provided as dual English and French language versions, (2) they apply the recommended additional provisions for a French law-governed CTA and (3) they include a clause allowing the parties to select which language version governs.