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ISLA and PASLA release overview of Asian addendums and annexes


19 July 2023 Asia Pacific
Reporter: Carmella Haswell

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Image: panyaphotograph/stock.adobe.com
The International Â鶹´«Ã½ Lending Association (ISLA) and Pan Asia Â鶹´«Ã½ Lending Association (PASLA) have published an for the Asia markets.

The document makes mention of the Korean Broker annex, Korean Â鶹´«Ã½ Depository (KSD) annex, Malaysia addendum and Taiwan addendum, to name a few.

These selected addendums and annexes in the Asia market were added to ISLA’s legal opinions this year, which cover the use of the Global Master Â鶹´«Ã½ Lending Agreement (GMSLA) in 64 jurisdictions.

The Korea Â鶹´«Ã½ Finance Corporation (KSFC) annex and the Thailand addendum for onshore and offshore transactions are also covered within this document, but, unlike the previously listed annexes and addendums, are not covered within ISLA’s legal opinions.

The recently published overview supports the GMSLA documentation suite and can be used for specific securities or with counterparties incorporated in the jurisdictions covered.
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