The rule, first proposed in 2011 but never finalised, will prohibit firms participating in asset-backed securities from betting against investors in those securities.
January 27, 2023Banks won't need approval to exclude credit exposures from the SBL if they are covered by credit risk transfer arrangements such as guarantees or credit derivatives.
January 10, 2023VM rules were proposed in 2020 and will now take effect from 1 December 2022. IM rules are open for comment until 29 July 2022.
June 20, 2022The revised directions are aimed at helping to develop more liquidity in the corporate bond market, especially for the bonds of lower-rated issuers.
February 15, 2022China's draft Futures and Derivatives Law will remove a major barrier to international participation in China’s derivatives markets, ISDA says.
December 21, 2021Securities market participants must hold core capital of at least A$500,000, up from A$100,000 currently required. One year is given for compliance.
June 18, 2021The rules remove a restriction that prohibited CDS and CLN from being linked to instruments other than non-financial corporate debt.
May 14, 2021Under the guidelines, retail users will be allowed to buy permitted credit derivatives for hedging purposes, whereas non-retail can do so for any purpose.
February 17, 2021IFSC banking units are required to report their OTC foreign exchange, interest rate and credit derivative transactions to CCIL's reporting platform from 1 June.
May 20, 2020In a joint statement, the SEC, CFTC and FCA have pledged to work together to address “opportunistic strategies" that harm the credit derivatives market.
September 24, 2019