Can’t find a specific document or legacy agreement?
The EU Financial Collateral Directive (FCD) introduces a harmonised framework for the use of financial collateral to secure transactions, and thereby enhances the use of cross-border collateral. The FCD protects collateral takers by ensuring that financial collateral arrangements can be mobilised and realisable without delay, due to national formalities; providing for close-out netting provisions to be enforceable, in accordance with their terms and ring-fencing the operation of financial collateral arrangements, should one of the parties become insolvent.
Select a category from the dropdown
Already a member? Login to your account
Interested in becoming a member?
ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.Become a member today
Sorry! You need to be logged in to access this document.
This premium content is available to ISLA member firms only. If you do not have a login, please use the ‘Request Login’ within the Member login.
If your firm is not a member of ISLA, find out more information regarding our current members, the types of membership we offer, and the benefits of joining.Find out more