INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION

Securities / Derivatives

ISDA Launches Digital Platform to Automate IM Documentation

By Editors | 07/02/2019

‘ISDA Create – IM’ is expected to significantly reduce the time and resources it takes to negotiate margin documentation for participants in non-cleared OTC derivatives markets.

Market Infrastructure

ISDA, FIA, IIF Respond to FSB Paper on CCP Resolution

By Garima Chitkara | 04/02/2019

The FSB in November consulted on the financial resources CCPs should have for resolution planning and how CCP capital should be treated in the event of resolution.

Market Infrastructure

Regulatory Fragmentation Heightens Derivatives Market Risk – ISDA

By Manesh Samtani | 31/01/2019

Policymakers should reduce the gap between national regulations and global standards, and adopt a risk-based framework for the recognition of comparable regulatory regimes.

Market Infrastructure

EU Benchmark Regulation – Not Just a European Problem

By Gregory Campbell | 29/01/2019

APAC benchmark administrators hoping to retain or grow their user base in the EU must take action now to gain approval before 2020, say PwC’s Gregory Campbell and Daniela Bunea.

Big Picture

ISDA Lays Out CCP Best Practices Following Nasdaq Default

By Garima Chitkara | 25/01/2019

Clearinghouses should consider multiple risk factors in determining exposure and put more of its own capital on the line to manage defaults before dipping into the member default fund.

Capital / Liquidity

Basel Regulators Consider 2020 Initial Margin Relief

By Manesh Samtani | 21/01/2019

Although it is still unclear which of the proposals will be adopted, the industry sees the data as so compelling that regulators will recognise the need for some form of relief.

Market Infrastructure

ISDA Releases Final Report on Benchmark Fallbacks Consultation

By Editors | 24/12/2018

ISDA will proceed to develop fallbacks based on the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach to the spread adjustment’.

Market Infrastructure

European Commission Drafts Decision on UK Clearinghouse Equivalence

By Manesh Samtani | 13/12/2018

The European Commission’s draft provides the legal means to grant UK clearinghouses equivalence rights in the EU for 12 months in a no-deal Brexit scenario.

Market Infrastructure

Industry Bodies Seek Clarity on Temporary Recognition of UK CCPs

By Manesh Samtani | 10/12/2018

ISDA, FIA, AFME and ICMA have written to the European Commission asking for greater clarity on proposed temporary equivalence and recognition of UK-based CCPs in a no-deal Brexit.