Letter to Financial Stability Board (FSB) providing overview of industry achievements

ISDA provides the FSB with an overview of industry achievements over the past year.  The letter covers recent developments under the headings of clearing, standardisation, exchange and electronic trading, trade repositories and financial law reform.  There is also an appendix details of various studies and resources published by ISDA over the past months, which provide some background to the marketplace and to ISDA’s work.

Click to read the letter (PDF)

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...