Hurricane Sandy Guidance

The International Swaps and Derivatives Association, Inc. (ISDA) announces the following guidance for parties to over-the-counter derivative transactions that are affected by the closing of U.S. exchanges on Monday October 29 and Tuesday October 30 due to Hurricane Sandy.

October 30-Guidance update. Paragraph 2 (Options, Rate Resets and Swaptions) and Paragraph 3 (Commodity Derivative Transactions) have been updated.

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...