Collateral

SCSA podcast

To purchase the new 2013 Standard Credit Support Annexes, visit the ISDA Bookstore.

This page contains Collateral information and certain informational documents for the Standard Credit Support Annex (SCSA), which seeks to standardize market practice regarding embedded optionality in current CSAs, promote the adoption of overnight index swap discounting for derivatives, and align the mechanics and economics of collateralization between the bilateral and cleared OTC derivative markets. The Annexes themselves are available in the ISDA Bookstore.


DateTitle / DescriptionDocuments
March 27, 2014
CFTC IM Segregation Right Notice
Form of CFTC IM Segregation Right Notice published by ISDA to assist market participants in implementing CFTC Regulation 23.701’s requirements for swap dealers and major swap participants to notify counterparties of their right to require segregation of margin (other than variation margin) for uncleared swap transactions.
23 701 IM Segregation Election Notice %28FINAL%29 - 50500.docx 23 701 IM Segregation Election Notice %28FINAL%29.pdf
March 27, 2014
Frequently Asked Questions - CFTC IM Segregation Right Notice
List of frequently asked questions to assist market participants in receiving and responding to the form of CFTC IM Segregation Right Notice published by ISDA and understanding some of the implications of the CFTC IM Segregation Rules.
ISDA CFTC IM Segregation FAQs %2826Mar14%29%28CLEAN%29 - 50673.pdf
March 21, 2014
CFTC IM Segregation Right Notice – Pre-publication draft of Frequently Asked Questions
Pre-publication draft of the list of frequently asked questions to assist market participants in receiving and responding to the form of CFTC IM Segregation Right Notice to be published by ISDA and understanding some of the implications of the CFTC IM Segregation Rules.
ISDA CFTC IM Segregation FAQs FINAL CLEAN - 50537.docx
March 13, 2014
ADVISORY NOTE: CFTC IM Segregation Right Notice
Advisory Note regarding important upcoming dates and obligations under CFTC Regulation 23.701, which implements requirements for swap dealers and major swap participants to notify counterparties of their right to require segregation of margin (other than variation margin) for uncleared swap transactions.
29959244_11_IA Seg Advisory_with Response Sheet_2.pdf
October 23, 2013
OTC Derivatives Collateral Process
Best Practices
2013 ISDA Best Practices for the OTC Derivatives Collateral Process - FINAL.pdf
October 11, 2013
ISDA 2013 Account Control Agreement
The ISDA 2013 Account Control Agreement provides market participants with a standardized form of agreement for the segregation of independent amounts for uncleared swaps with an independent third party custodian.
Standardized ACA and Annex (11Oct13)(FINAL).pdfStandardized ACA and Annex (11Oct13)(FINAL).docx
September 10, 2013
Portfolio Reconciliation EMIR Operations Guidance Note
Provides operational guidance for portfolio reconciliation and dispute resolution obligations imposed by EMIR which come into effect on 15th September. Also includes guidance on a minimum set of fields for portfolio reconciliation purposes. Please note that these materials have been prepared and published for informational purposes only and should not be construed as legal, accounting, tax or other professional advice.
EMIR Portfolio Reconciliation Operational Guidelines pre-publication v 10 09 13 FINAL FINAL.pdf Minimum Port Rec fields for EMIR v 09 09 13 FINAL.xlsx
February 15, 2013
Best Practices for the OTC Derivative Collateral Electronic Margin Messaging Process
Provides guidelines to ease implementation of electronic margin message communication. These Best Practices focus on integration and counterparty on-boarding as well as specific margin call scenarios. The document is purposely vendor agnostic and the practices are applicable regardless of the vendor selected.
ISDA Collateral Electronic Messaging 2013-02-15.pdf
August 22, 2012
Form Secured Party Notice of Exclusive Control - (Note: these provisions have been superseded by those included in the ISDA 2013 Account Control Agreement)
for use with the ISDA Tri-Party IA (Independent Amount) Conflicting Instructions Provision and for possible inclusion in a tri-party control agreement.
TriParty_IA_Provisions_Form_Notices_of_Exclusive_Control_Publication_Version_22Aug12.pdf
August 22, 2012
Form of Pledgor Access Notice - (Note: these provisions have been superseded by those included in the ISDA 2013 Account Control Agreement)
for use with the ISDA Tri-Party IA (Independent Amount) Conflicting Instructions Provision and for possible inclusion in a tri-party control agreement.
TriParty_IA_Provisions_Form_Pledgor_Access_Notices_Publication_Version_22Aug12.pdf