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)

ISDA Letter to BCBS on RMA Models

On July 24, ISDA wrote to the Basel Committee on Banking Supervision (BCBS) to request guidance on how the proposed Risk Mitigation Accounting (RMA) model under International Financial Reporting Standard (IFRS) 9/IFRS 7 should be treated for prudential regulatory capital...