Memorandum on enforceability of close-out netting in China

With the Chinese Supreme Court’s interpretation of the Enterprise Bankruptcy Law regarding insolvency set ‎off right issued in 2013, China has made great progress toward becoming a netting enforceable jurisdiction. To assist with the analysis of China’s current legal framework and to help with the understanding of what shortfalls to legal certainty still remain, ISDA has commissioned an external counsel to provide an updated netting analysis which is now posted under Legal & Documentation/Opinions section.  Member log-in is required:

http://www2.isda.org/members-portal-transition/netting-collateral-and-clearing-opinions/

For more information, please contact: Keith Noyes – knoyes@isda.org / Jing Gu – jgu@isda.org at ISDA Hong Kong office.

ISDA CSA Significant Errors Notification SOP

The ISDA CSA Notification of Significant Error or Omissions Suggested Operational Practices (SOP) considers current institutional processes and outlines suggested operational practices related to the new requirement under §26.3(2) of the Canadian Trade Repositories and Derivatives Data Reporting rules rewrite...

ISDA Paper on UPI Identifiers

On July 16, ISDA submitted a paper (UPI as the Foundation for OTC Derivatives Reporting: The Case for UPI) to the UK Financial Conduct Authority (FCA). The paper was developed to complement ISDA’s response to the FCA’s discussion paper DP24/2:...

IRD Trading Activity First Quarter of 2025

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the first quarter of 2025 include:...

Launch of ISDA Notices Hub and Protocol

ISDA has launched the ISDA Notices Hub and the ISDA 2025 Notices Hub Protocol, giving users a faster and more efficient method for delivering critical notices and reducing the uncertainty and risk of losses that can result from delays. The...