Extraterritoriality, uncleared margin and futurisation – ISDA on OTC derivatives reform

RISK SUBSCRIPTION REQUIRED. The first clearing mandates came into force in the US on March 11, but there is still plenty of uncertainty about how certain parts of the new regulatory framework will function. In this roundtable discussion, Nick Sawyer talks to ISDA Chairman Stephen O’Connor and ISDA Vice-Chairman Eric Litvack about the clearing mandates, extraterritoriality and uncleared margin rules.

Watch: Extraterritoriality, uncleared margin and futurisation – ISDA on OTC derivatives reform

ISDA Feedback on Identifying Reference Data

On July 20, ISDA submitted feedback to the European Securities and Markets Authority (ESMA) on draft Level 3 guidance on several technical issues caused by the interaction of the recently adopted regulatory technical standard on derivatives transparency (RTS 2) and...

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In March 2026, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation published a new proposal for capital rules known as the US Basel III, based...

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