International Swaps and Derivatives Association

Big Picture

Industry Bodies Push Back Against BCBS Crypto Treatment

By Manesh Samtani | 04/04/2024

ISDA, GFMA, FIA and other trade bodies say banks should not be penalised for trying to innovate with public permissionless blockchains.

Securities / Derivatives

ISDA to Commence Work to Update FX Standards

By Manesh Samtani | 26/03/2024

CEO Scott O’Malia said ISDA is also prioritising the development of a new industry notices hub and continuing to engage with US policymakers on the proposed Basel III reforms.

ESG / Sustainability

Charting a New Course for Climate Risk Management

By Ranamita Chakraborty | 20/03/2024

The BCBS’ proposed Pillar 3 disclosure framework for climate-related financial risks highlights the need for broader consensus on such issues.

Market Infrastructure

Japan to Permanently Cease Euroyen TIBOR on 30 December

By Editors | 07/03/2024

ISDA confirmed that the announcement from JBA TIBOR Administration “constitutes an index cessation event”.

ESG / Sustainability

ISDA Develops Climate Scenarios for the Trading Book

By Manesh Samtani | 14/02/2024

The climate scenarios were developed in the second half of 2023 during a pilot exercise with more than 30 banks.

Securities / Derivatives

ASIC Offers Limited Relief for Unfair Contract Terms Regime

By Sanday Chongo Kabange | 09/02/2024

ASIC granted no-action relief to address concerns that the regime could apply to sophisticated participants, who are not the intended targets of the regime.

ESG / Sustainability

ISDA Launches Clause Library for Sustainability-Linked Derivatives

By Mark Johnston | 19/01/2024

ISDA launches a digital platform with standard-form drafting options for key areas of SLD transactions.

Big Picture

Teething Issues: OTC Derivatives Reporting Rewrites in APAC

By Manesh Samtani | 10/01/2024

The more challenging aspects of implementation involve jurisdiction-specific data fields, the UTI waterfall, UTI generation, and ISO 20022.

Market Infrastructure

JBATA Publishes Feedback From Euroyen TIBOR Consultation

By Editors | 27/12/2023

Most respondents said “six months before the cessation date” is a desirable timing to cease entering into new Euroyen TIBOR contracts.