…unless of course, you are entering into a GMSLA!!
Less widely used than its first cousin the GMRA, the Global Master Securities Lending Agreement (the “GMSLA”) is nonetheless a key document for those firms looking to sweat the assets they have on the book.? It is THE standardised contract used in the securities lending industry.
If you need to know more about the GMSLA, then check out our GMSLA negotiation guide here: https://www.dhirubhai.net/smart-links/AQFgUslbN4Fq2A
More generally, if the negotiation of securities lending documentation presents challenges to you – drop us a line.? We’re here to help and will save you both time AND money!!
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1 个月I like your posts?Michael, thanks for sharing!