FAQ: 2014 ISDA Credit Derivatives Definitions Protocol and Implementation for Emerging Market Regions

Previous communications from ISDA regarding implementation of the 2014 ISDA Credit Derivatives Definitions (the “2014 Definitions”) have indicated that the 2014 Definitions would not apply via a Protocol to existing transactions on sovereign and financial Reference Entities, and so those transactions would remain on the 2003 ISDA Credit Derivatives Definitions (the “2003 Definitions”). Based on member feedback during the consultation phase on the draft Protocol, an alternative approach has been requested for certain emerging market regions. This change has implications for existing transactions as at September 22, 2014 (“Legacy Transactions”) and new trades from that date forward (“New Transactions”). (Updated August 21, 2014)

Documents (1) for FAQ: 2014 ISDA Credit Derivatives Definitions Protocol and Implementation for Emerging Market Regions

Paper on Enhancing Liquidity and Risk Management

As ISDA marks its 40th anniversary this year, it is an opportune time to reflect on the challenges and opportunities faced by the global derivatives markets over the past four decades. Rapid growth, continued innovation, regulatory reform, central clearing, margining,...

Trade Bodies Seek Delay on Third-Country CCP Rules

On October 21, ISDA and nine other trade associations – the Alternative Investment Management Association, the European Association of Co-operative Banks, the European Association of Corporate Treasurers, the European Banking Federation, the European Fund and Asset Management Association, the European...

ISDA and Tokenovate Launch CDM Taskforce

ISDA and Tokenovate have today announced the establishment of a new taskforce within the Fintech Open Source Foundation (FINOS) to accelerate operationalization of the Common Domain Model (CDM). The initiative responds to growing market demand for standardized, interoperable post-trade processing...