Expanding Central Clearing was a key objective of the March 31, 2011 commitment letter. In a continued effort to promote standardization in Clearing of Credit Derivatives products, and address operational issues of indirect access, the Credit Steering Committee (CSC) requested that the Credit Implementation Group (CIG) document the comparative models and differences between operational processes for current and future CCP Credit offerings. The exercise was purely operational in nature and did not venture into the outstanding business related questions. The following two documents are the results of the 2011 Credit Clearing Comparative Analysis.
Click for: CIG Clearing Comparative AnalysisCCP Snap-Shot Matrices v1.0
Please note, this content is based on information provided by the CCPs and is restricted to information which they considered not to be proprietary or confidential. The information presented is based on CCP responses to the survey that was circulated at the end of March 2011 and the additional requests for clarification that followed. ISDA has not undertaken to review the accuracy of the information presented and does not assume any responsibility for any use to which the information may be put.
Latest
ISDA Response – ROC Consultation on Revised CDE Version 4
The International Swaps and Derivatives Association, Inc. (ISDA) response to the Regulatory Oversight Committee (ROC) consultation on the harmonisation of critical OTC derivatives data elements (CDE) revised CDE Technical Guidance – version 4, submitted to the ROC on January 24,...
ISDA response to ESMA MiFIR Review Consultation
On July 11, ISDA submitted a response to the European Securities and Markets Authority's (ESMA) fourth package of Level 2 consultation under the Markets in Financial Instruments Regulation Review (MiFIR), on transparency for derivatives, package orders and input/output data for...
Canadian Transaction Reporting Party Requirements
These Reporting Party Requirements establish the hierarchy and tie-breaker logic to determine a single reporting counterparty for Canadian provincial reporting. By leveraging the existing reporting party standard established for reporting to the CFTC, in most cases these rules facilitate submission...
ISDA In Review – June 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in June 2025.