Documents
Every document, by version and hash
The framework is published in full. A position references the version it was originated under; superseded versions stay published, so a live position can always be read against the documents it was created on.
01
Framework
Master Terms
v0.11sha256 4f2a9c…e81b
The security agreement. Creation and attachment, the control undertaking, the enforcement entitlement, the no-modification covenant, and the standing offer that gives the framework bilateral effect between any two adherents. Applies by reference; it is not itself signed.
Coming soonLane Schedule: Collateralized Financing
v0.11sha256 91be04…227d
Operative terms for the financing lane: origination, the enforcement conditions, and what the parties supply themselves.
Coming soonLane Schedule: Securities Lending by Pledge
v0.11
Operative terms for lending and borrowing securities against a lock on the register, without title transfer.
Coming soonLane Schedule: Initial Margin
v0.11sha256 a70c15…f3e9
Operative terms for the margin lane, including the elections that constitute the custodial arrangement.
Coming soonControl Location Adaptation Schedule
v0.8sha256 6d38b2…44ac
The template each estate completes and publishes: execution window, approved price sources, supported collateral, enforcement cost reserve, and controller-key governance.
Coming soonDvL IM Annex
v1.1sha256 cc5170…901f
One page. Incorporated into an existing credit support document by a short two-party amendment; the ISDA Master and the annex are never amended.
Coming soon
02
Participation Agreements
United States
v0.9
The adherence document in US form. New York law and courts. The security interest is perfected by control under UCC Articles 8, 9 and 12. Local counsel, in review.
Coming soonEngland and Wales
v0.10
The adherence document in English form. English law and courts. Tokenized securities and cash are structured as security financial collateral arrangements under the Financial Collateral Arrangements Regulations 2003; other cryptoassets by fixed charge. Includes the third-party rights conferral that makes the undertaking enforceable by every adherent. Local counsel, in review.
Coming soonLuxembourg
v0.5
The adherence document in Luxembourg form. Luxembourg law and courts. A pledge under the law of 5 August 2005 on financial collateral arrangements, perfected by dispossession in the custodian’s books, with no registration. Local counsel, in review.
Coming soonSingapore
v0.6
The adherence document in Singapore form. Singapore law and courts. A fixed equitable charge at common law, registered under the Companies Act 1967 for Singapore companies. Local counsel, in review.
Coming soonHong Kong
v0.5
The adherence document in Hong Kong form. Hong Kong law and courts. A fixed equitable charge at common law, registered under the Companies Ordinance for Hong Kong companies. Local counsel, in review.
Coming soonUAE (DIFC)
v0.6
The adherence document in DIFC form. DIFC law and courts. A financial collateral arrangement under Part 8 of the DIFC Law of Security 2024, effective by control, with a general security right as fallback and one registration in the DIFC Security Registry. Local counsel, in review.
Coming soonUAE (ADGM)
v0.5
The adherence document in ADGM form. ADGM law, applying English common law, and the ADGM Courts. A fixed charge registered once with the ADGM Registration Authority, with the collateral security arrangement election under the Financial Services and Markets Regulations. Local counsel, in review.
Coming soon
03
Schemas
Credit Receipt schema
v2.0.0sha256 38e1b9…c46f
Fields and semantics for the receipt: what is locked, for whom, under which agreement, and on what enforcement path. Published so that any system can read a receipt it did not create.
Coming soonCredit Receipt: fields, storage and practice
v1.0companion note
For those building against the receipt. Every field, what is on-chain and what is not and why, and practice for creating, updating and settling a receipt, including how to read one you did not create.
Coming soonCredit RFQ message schema
v1.0FIX
The request-for-credit messages, in FIX, so that a holder's system can request credit and approved lenders can quote from their own systems.
Coming soon