About usSecurities Lending and the Global Master Securities Lending Agreement (2000)
One day training course
1. Introduction
2. Nature of Securities Lending
3. The importance of intermediaries
- Broker dealers
- Specialist intermediaries
- Prime brokers
4. Lender’s and Borrower’s key concerns
5. Elements of a securities lending deal
- Confirmations
- Settlements
- Terminations
- Delivery failures
- Corporate actions and votes
6. UK Tax Issues
7. Risks with Securities Lending
8. Differences between repos and securities loans
9. An in depth review of the Global Master Securities Lending Agreement (2000) (“GMSLA 2000”) and its Schedule
10. Amendments sometimes proposed to the GMSLA 2000
11. Main differences between the GMSLA 2000 and the GMSLA 2010
12. Practical negotiation exercise
Training is charged at an agreed rate plus Value Added Tax.
