In the interests of more transparent decision-making, and improving the interface between interested parties (such as regulators1, vendors and other infrastructure providers), in late 2009 ISDA published a governance structure for the OTC derivatives industry’s market practice and post trade activities. This document outlines that industry governance structure, and reflects the results of extensive consultations with many constituents of the industry. As the evolution of the market dictates, ISDA will work with members and constituents to revise and update the governance model, and will publish new versions of this governance document as appropriate. This document should be read in conjunction with the accompanying organizational charts.
Documents (1) for OTC Derivatives Industry Governance Structure
Latest
Joint Response to EBA Consultation
On August 12, ISDA and the Association for Financial Markets in Europe (AFME) responded to the European Banking Authority’s discussion paper on certain taxonomy key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act under Article 8 of...
Response to JSCC on Clearing Fund Consolidation
On August 12, ISDA responded to the Japan Securities Clearing Corporation’s (JSCC) consultation on its proposal to consolidate clearing fund consumption, calculation and deposit segmentation across six clearing qualifications under the Financial Instruments and Exchange Act. ISDA members broadly support...
Response on CSDD Guidelines
On August 6, ISDA responded to the European Commission’s (EC) consultation on due diligence guidelines under the Corporate Sustainability Due Diligence Directive (CSDDD). While ISDA acknowledges that model contractual clauses can be a helpful resource for in-scope companies, there are...
Response to BoE on Extension of Settlement Hours
On August 6, ISDA responded to the Bank of England’s (BoE) consultation paper on the extension of settlement hours for RTGS and CHAPS, the UK’s high-value payment system. ISDA supports the BoE’s plan to extend RTGS and CHAPS settlement hours...