Cormac McCarthy
Director, Head of Securities Finance Legal EMEA
BNY
The Legal Steering Documentation Subgroup reviews and provides guidance to ISLA and the ISLA Board on the contractual enhancements or supplements that can be made to industry standard documentation to reflect and support the current securities lending landscape, including:
- Review of contractual arrangements to cover digital assets/currency
- Development of standard form language/confirmations for trade types such as evergreen, extendable and uncollateralised trades
- Development of standard form ‘jurisdiction annex’ to incorporate amendments recommended by ISLA netting opinions
- Development of an online document negotiation platform to support SL documentation/annexes
Frequency: As required.
Requirement: Member firms can apply to join the group; however, you must be a legal representative of your firm. To nominate a representative or to request further information, please contact Tina Baker, Head of Legal Services, ISLA Connects Lead.
Regular attendance and active participation in relevant meetings are a prerequisite (ISLA reserves the right to modify attendance based on the current composition).
Apply to Join Group
Legal Documentation Chair
