International Swaps and Derivatives Association

    Fintech / Regtech

    ISDA Nears Completion of Work to Digitise CFTC Reporting Rules

    By Editors | 04/10/2022

    ISDA working groups are transforming CFTC swap data reporting rules into machine-executable code ahead of implementation on 5 December.

    Capital / Liquidity

    BCBS Cryptoasset Treatment Will Hinder Innovation: JBA

    By Manesh Samtani | 04/10/2022

    Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.

    Market Infrastructure

    ESMA Calls for Greater Use of €STR in Derivatives

    By Editors | 02/10/2022

    Further develop of €STR products will provide the inputs needed to enable the calculation and provision of €STR term rates, ESMA says.

    ESG / Sustainability

    ISDA Analyses Regulatory Treatment of SLDs in Hong Kong

    By Editors | 02/10/2022

    The paper considers how SLDs would be classified and regulated, and the compliance issues for market participants to consider when executing SLDs.

    Market Infrastructure

    India’s CCIL Proposes to Create Infrastructure for UMR Compliance

    By Manesh Samtani | 28/09/2022

    CCIL says market participants have expressed a desire since 2016 for it to provide the centralised infrastructure needed for UMR compliance.

    Capital / Liquidity

    CFTC Extends No-action Relief for Foreign Nonbank Swap Dealers

    By Editors | 24/08/2022

    Nonbank swap dealers domiciled in Japan, Mexico, the UK and EU can rely on compliance with home country capital and financial reporting requirements until October 2024.

    Market Infrastructure

    ESMA Calls for Relaxation of BMR Third-country Regime

    By Manesh Samtani | 23/08/2022

    The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.

    Market Infrastructure

    Industry Calls for Reforms to EU Benchmarks Regulation

    By Manesh Samtani | 15/08/2022

    Many non-EU benchmarks won’t qualify under BMR in time for 31 December 2023, disproportionately impacting Asia exposures.

    Capital / Liquidity

    China New Futures and Derivatives Law Takes Effect

    By Manesh Samtani | 02/08/2022

    On the same day, ISDA published a netting opinion providing legal certainty that close-out netting is enforceable in China.

    Market Infrastructure

    TAIFEX Launches Central Clearing Service for OTC Derivatives

    By Editors | 26/07/2022

    Central clearing makes OTC derivatives trading safer, more efficient, and more competitive for participants, FSC chair Huang Tien-mu said at the launch ceremony.

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