FINANCE|financing and investment · INTERNATIONAL RELATIONS|cooperation policy
- máistir-chomhaontú dearbhaithe Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- master confirmation agreement | MCA
- en
- Definition agreement between parties which specifies the terms and conditions that apply to a particular type of derivative transaction Reference COM-EN
- Comment MCAs facilitate the documentation of derivatives transactions for various regions, e.g. EMEA, North America, Japan, Asia ex-Japan. Instead of exchanging a full confirmation for each transaction, the parties can exchange a much shorter so-called transaction supplement as most of the terms and conditions are already contained in the so-caled General Terms Confirmation. Note reference: 'Equity Derivatives Master Confirmation Agreements', 19 April 2012, SWAPDOC, http://swapdoc.com/?p=466 [26.6.2014]