International Swaps and Derivatives Association

Fintech / Regtech

UK Digital Regulatory Reporting Pilot Completes Phase Two

By Manesh Samtani | 10/01/2020

Phase two of the DRR pilot highlighted the importance of agreed data standards. An appropriate solution for producing machine-executable regulation has not yet been identified.

Market Infrastructure

ISDA Offers Guidance on Cross-Border Application of Margin Rules

By Editors | 08/01/2020

The guide seeks to help firms subject to margin rules analyse multiple foreign rule sets, identify situations in which different rules apply, and improve understanding on substituted compliance.

AML / KYC

ISDA Calls For Guidance on Handling of Derivatives Impacted by Sanctions

By Editors | 25/12/2019

ISDA proposes 8 principles sanctions authorities can consider to ensure safe operation of markets, and minimise derivatives market disruption and economic consequences for non-sanctioned entities.

Market Infrastructure

ISDA Consults on Adjustments for EUR LIBOR, EURIBOR Fallbacks

By Editors | 19/12/2019

The supplemental consultation seeks input on adjustments that would apply to €STR if fallbacks in euro LIBOR or EURIBOR take effect, including the final parameters for these adjustments.

Market Infrastructure

ISDA Seeks Regulatory Clarity on LIBOR Pre-cessation Trigger

By Manesh Samtani | 09/12/2019

ISDA is prepared to re-consult on adding a mandatory pre-cessation fallback clause in LIBOR contracts once it gets clarity from regulators on the implications of a “non-representative” LIBOR.

Market Infrastructure

FSB Urges ISDA to Embed LIBOR Pre-Cessation Trigger in Definitions

By Garima Chitkara | 21/11/2019

The FSB says a pre-cessation trigger should be added alongside a cessation trigger as standard language in definitions for both new and outstanding derivatives contracts.

Market Infrastructure

Hong Kong Leads Asia on LIBOR Transition Readiness: KPMG

By Manesh Samtani | 21/11/2019

Survey findings and discussions with banks in the region indicate a lack of readiness for the LIBOR transition. But, failure to keep up will eventually prove disruptive, KPMG says.

Market Infrastructure

ISDA Publishes Consultation Results on Benchmark Fallback Parameters

By Editors | 18/11/2019

The majority preferred a historical median spread adjustment with a five year lookback period, and a two-banking-day backward shift adjustment for the compounded setting in arrears rate.

Crypto / Digital Assets

Regulation Asia Awards for Excellence 2019 – Results Announcement

By Editors | 14/11/2019

Regulation Asia held its second annual Awards ceremony on 13 November 2019 to recognise technology companies, legal and consulting firms, and exchanges that have helped shape the regulatory landscape in Asia Pacific over the past year.