INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION

    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.

    Market Infrastructure

    ISDA Releases Preliminary Results on Benchmark Fallbacks Consultation

    By Garima Chitkara | 28/11/2018

    ISDA will likely look to the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach’ to spread adjustment for RFRs that will replace discontinued IBORs.

    Capital / Liquidity

    APRA Extends Timeline for Capital Reforms to Align with Basel III

    By Editors | 27/11/2018

    APRA will align capital reforms with Basel III timelines, effectively pushing implementation to 1 January 2022. It has also adjusted the leverage ratio in response to consultative feedback.

    Big Picture

    Industry Bodies Call for Extended Benchmarks Regulation Transition Period

    By Manesh Samtani | 22/11/2018

    ISDA, FIA, GFMA and EMTA have jointly published a briefing advocating an extension of the Benchmark Regulation transition period for critical and non-critical benchmarks.

    Market Infrastructure

    FSB Issues Progress Report on Interest Rate Benchmark Reform

    By Manesh Samtani | 15/11/2018

    The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.

    Big Picture

    European Firms Will Have Access to UK Clearing in No-Deal Brexit

    By Manesh Samtani | 01/11/2018

    European traders will temporarily be able to use UK derivatives clearing services even without a Brexit deal in place, according to the European Commission’s Valdis Dombrovskis.

    Market Infrastructure

    Market Needs to Do More to Prepare for End of LIBOR – ASIC, RBA

    By Garima Chitkara | 24/10/2018

    Participants need to be clear that the LIBOR will end after 2021 and prepare to deal with the challenges this presents, Australian regulators said at the ISDA Annual Australia Conference.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team