Securities Lending Indemnifications - Time for a change?

The inspiration for this topic was a recent paper from Mark Faulkner co-founder of Credit Benchmark entitled: "Something Better Change: Securities Lending Indemnification is Unsustainable in its Current Form". In this video I provide an explanation for the fundamentals of indemnifications. The first in a two part video. You can find Mark's paper at https://www.creditbenchmark.com/somet... Chapters Introduction 0:00 What is an indemnity? 2:44 What indemnities may/may not cover? 4:58 Who is covered by indemnification? 7:01 How are indemnities provided for? 9:02 Pierpoint is THE place for securities lending content - blogs, podcasts, white papers and access to two key resources for people committed to growing in the securities finance space. Pierpoint Securities Finance Academy - learning central for securities lending, collateral management and repo. Both free and paid-for courses are available at https://www.pierpoint.info/courses Pierpoint Alpha Community - the only membership club for securities lending, repo and collateral management professionals: https://www.pierpoint.info/pac If you get value from our content and want to show us your appreciation, why not Buy us a Coffee at https://www.buymeacoffee.com/pierpoint