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GMSLA |
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Moreover, it affects not only cash collateral but title transfer arrangements with respect to securities, including industry form agreements such as the GMSLA, the GMRA and the ISDA Transfer Annex. At about the same time, the South African Securities Lending Association (SASLA) published a revised Schedule for parties entering into a GMSLA in terms of South African law. documentation for the over-the-counter transactions such as SWAPs does contemplate proprietary collateralization in the Credit Support Deed though standard GMSLA documentation for securities borrowing and lending does not. |
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