ISDA Publishes the ISDA 2013 Discontinued Rates Maturities Protocol

ISDA Publishes the ISDA 2013 Discontinued Rates Maturities Protocol

The ISDA 2013 Discontinued Rates Maturities Protocol enables parties to amend the terms of Protocol Covered Transactions to address future rate discontinuations by providing a method for determining the rate where the provider thereof is no longer publishing maturities for a Floating Rate Option specified for a Protocol Covered Transaction, but that provider is publishing maturities which are longer and shorter than the discontinued maturity for that Floating Rate Option.

The protocol can be accessed on the ISDA Protocol Management Page

ISDA response to ESMA MiFIR Review Consultation

On July 11, ISDA submitted a response to the European Securities and Markets Authority's (ESMA) fourth package of Level 2 consultation under the Markets in Financial Instruments Regulation Review (MiFIR), on transparency for derivatives, package orders and input/output data for...