International Swaps and Derivatives Association

Structural Regulation

China Expands Futures Law to Include OTC Derivatives

By Editors | 28/10/2021

ISDA says the revised draft incorporates several comments it made in its submission to the consultation on the first draft.

Clearing & Post-Trade

JSCC Sets Date for Bulk Conversion of LIBOR Swaps

By Editors | 14/10/2021

Japan Securities Clearing Corporation will conduct a bulk conversion exercise during the weekend of 4–5 December to convert JPY LIBOR contracts to TONA contracts.

AI Risk & Governance

BIS Partners with MAS, BOE, ISDA on Data & Analytics Platform

By Manesh Samtani | 07/10/2021

Project Ellipse explores the use of ISDA’s Common Domain Model to digitally extract, query and analyse large quantities of data in real-time for supervisory purposes.

Climate Risk

Derivatives Are “Essential” to Carbon Markets: ISDA

By Editors | 06/10/2021

Regulatory action is needed to address disproportionately high capital requirements that would be imposed on carbon certificates by FRTB.

Cryptocurrency

ISDA to Develop Standard Documentation for Crypto Derivatives

By Mark Johnston | 06/10/2021

ISDA CEO Scott O’Malia says a new working group has been formed to develop standard documentation for crypto derivatives.

Trading & Investment

ISDA Implements New Definitions for Interest Rate Derivatives

By Editors | 04/10/2021

LCH says the new definitional booklet reinforces standardisation, drives messaging fidelity and efficiency, and accommodates flexibility in markets.

Structural Regulation

ISDA to Change BSBY, Ameribor Fallback Language

By Manesh Samtani | 30/09/2021

The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.

Structural Regulation

FCA Consults on Permitted Use of Synthetic LIBOR Rates

By Manesh Samtani | 29/09/2021

The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.

Capital Adequacy

Industry Bodies Call for Less Stringent Treatment of Cryptoassets

By Editors | 23/09/2021

The prudential framework envisaged by the BCBS consultation would create “material impediments” to regulated bank participation in cryptoasset markets.