All posts tagged "Scott O’Malia"
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539Fintech / RegtechAgeing Infrastructure Creating Derivatives Market Inefficiencies: ISDA Chief
Firms still take more than a day on average to resolve reconciliations and disputes caused by a lack of data transparency through the trade lifecycle.
November 11, 2019 -
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ISDA Publishes Final Results of IBOR Pre-Cessation Consultation
The consultation did not yield a consensus among market participants regarding how to address pre-cessation issues related to a benchmark's nonrepresentativeness.
October 22, 2019 -
558Capital Regulation
ISDA Chief Calls for Specific Changes to CVA Framework
The current CVA rules due for implementation in January 2022 could lead to an inappropriately sharp increase in capital requirements for derivatives businesses.
October 9, 2019 -
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ISDA Unveils Preliminary Results of 2nd IBOR Fallbacks Consultation
For USD LIBOR, HIBOR and CDOR fallbacks, respondents prefer ‘compounded setting in arrears’ for the adjusted RFR and the ‘historical mean/median approach’ for spread adjustments.
July 31, 2019 -
650International
ISDA Chief Urges Accounting Bodies to Prioritise Benchmark Reform
ISDA chief Scott O’Malia says market participants need clarity from the IASB and FASB on the accounting implications of a switch from IBORs to RFRs.
June 12, 2019 -
2.2KFeatured ArticlesISDA Chief Says the End is in Sight for IBOR Fallbacks
ISDA chief Scott O'Malia says one year from now, robust fallbacks should be in place for derivatives contracts referencing LIBOR and other IBORs.
May 30, 2019 -
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ISDA Launches Two More Consultations on Benchmark Reform
ISDA is consulting on fallback adjustments for USD LIBOR, HIBOR and Canada's CDOR. It is also proposing to include the SOFR in Singapore's SOR calculation following USD LIBOR's cessation.
May 21, 2019 -
684Feature
Close-Out Netting Essential for Asia Derivatives Markets – ISDA
Close-out netting is the single most effective tool for reducing credit risk between counterparties, says ISDA chief Scott O'Malia, highlighting the ambiguity over its treatment in key jurisdictions.
April 11, 2019 -
771Feature
ISDA Launches Digital Platform to Automate IM Documentation
'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.
February 7, 2019 -
856Big Picture
ISDA Lays Out CCP Best Practices Following Nasdaq Default
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.
January 25, 2019
