INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION

Capital / Liquidity

BCBS, IOSCO Extend Initial Margin Deadlines by One Year

By Editors | 05/04/2020

With the extension, phase 5 implementation will take place on 1 September 2021 and phase 6 implementation on 1 September 2022.

Market Infrastructure

ISDA Calls for Delay to Initial Margin Deadlines

By Editors | 26/03/2020

Without a delay, smaller entities will almost certainly be shut out of the derivatives market, denying them the ability to manage risk when they need it most, says ISDA chief Scott O’Malia.

Market Infrastructure

ICMA Publishes High-Level Guidance on IBOR Transition

By Editors | 01/03/2020

The ‘Quick Guide’ provides a high-level overview of 11 key areas relating to the transition from IBORs (including LIBOR) to risk free rates in the international bond market.

Market Infrastructure

Trade Bodies Publish EMIR Reporting Best Practices Matrix

By Editors | 01/03/2020

The best practice matrix is aimed at providing an agreed and standardised market guide for firms to use to comply with EMIR trade reporting requirements.

Market Infrastructure

BOE to Increase Haircuts on LIBOR-linked Collateral from October

By Editors | 27/02/2020

The market need to see a decisive acceleration in effort in 2020 to ensure risk-free rates are adopted and LIBOR is left behind for good, the BOE’s Andrew Hauser said.

Market Infrastructure

ISDA Launches New Consultation on Pre-cessation Fallbacks

By Editors | 25/02/2020

ISDA seeks input on whether to add a pre-cessation trigger to the permanent cessation fallbacks it is implementing for LIBOR in its standard documentation.

Market Infrastructure

ISDA Concludes Consultation on EUR LIBOR, EURIBOR Fallbacks

By Editors | 25/02/2020

Respondents selected the ‘compounded setting in arrears rate approach with a backward-shift adjustment’ and ‘five-year historical median approach to the spread adjustment’.

Capital / Liquidity

ISDA Publishes Uncleared Margin Implementation Project Checklist

By Editors | 21/02/2020

The checklist is suggested as a resource guide to highlight key implementation considerations for entities expecting to come into scope in September.

Market Infrastructure

ISDA to Re-consult on Pre-cessation Fallbacks This Month

By Editors | 06/02/2020

ISDA will consult on a single protocol that would allow participants to include both pre-cessation and permanent cessation fallbacks in derivatives trades.