ISDA OTC Taxonomies: Rules of Operation

As part of ongoing efforts to support regulatory mandates, the ISDA OTC Taxonomies are being developed to facilitate regulatory reporting. ISDA defined the initial product taxonomies for each asset class, and specified the delivery of the taxonomies to the market. This paper is a brief overview

Documents (1) for ISDA OTC Taxonomies: Rules of Operation

CDS Market Dynamics: Record 2025

Global credit default swap (CDS) market activity reached a record $41.8 trillion in 2025, surpassing the previous peak of $38.7 trillion in 2022. Index CDS drove the increase, accounting for 93.3% of total activity and reaching a record $39.0 trillion....

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...