ISLA is pleased to announce the publication of the CSDR Mandatory Buy-in & Cash Penalties Regimes FAQs.
Produced in association with Clifford Chance, the FAQs explain the legislative background and requirements of the mandatory buy-in regime under the EU Central Securities Depositories Regulation (CSDR), and focus on how these requirements apply in respect of securities lending transactions entered into under a Global Master Securities Lending Agreement (GMSLA).
The FAQs are available to all ISLA members, and can be accessed by clicking here.
For more details of the GMSLA Title Transfer as well as Security Interest over Collateral frameworks, please visit our Legal Services area.
