Local equivalent to ISDA Master Agreement for Derivatives trading has been developed by Czech Banking Association (CBA), so therefore this Agreement is called CBA-MAFT (“Master Agreement for Financial Transactions”). Quite naturally, CBA has inspired by ISDA when creating this documentation template, so that main principles have been nearly followed, however the structure is a bit […]
Next to the ISDA Master Agreement, there can be concluded also a Credit Support Annex (“CSA”), which is a legal document regulating eligible collateral for derivative transactions. It is an essential part of business relations in Derivatives and FX trading, but is not mandatory one. In other words, depending on the risk profile of both […]
28. 2. 2019
Central to the ISDA documentation architecture is the ISDA Master Agreement. The ISDA Master Agreement is the standard contract used to govern all over-the-counter (OTC) Derivatives transactions entered into between the parties. Transactions across different asset classes and products are often documented under the same agreement. The purpose of the ISDA Master Agreement is to […]
26. 2. 2019