UPDATED FAQ: 2014 Credit Derivatives Definitions & Standard Reference Obligations

ISDA continues to work with its members to finalize the industry implementation plan for supporting the new 2014 Credit Derivatives Definitions (“2014 Definitions” or “new Definitions”), including the Standard Reference Obligation (“SRO”) initiative. This Frequently Asked Questions (“FAQ”) document explains the derivatives industry’s standards in regard to operational processing for certain credit derivative transactions. (***Please Note: ISDA may update these FAQs on occasion. Please check back periodically for new versions)

ISDA Comments on EP's MISP Draft Reports

On July 15, ISDA shared comments with policymakers in the European Union on the European Parliament’s (EP) draft reports by Member of the European Parliament (MEP) Markus Ferber and MEP Eero Heinäluoma on the Market Integration and Supervision Package (MISP)....

Building Markets, Creating Opportunity

Deep and liquid derivatives markets are fundamental to the development of well-functioning financial markets and healthy economies. They support lending, investment and financial stability, creating the certainty needed for economic growth. But strong derivatives markets do not emerge by chance....

Key Trends in OTC Derivatives Market H2 2025

The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows an increase in notional outstanding of OTC derivatives during the second half of 2025 compared to the same period in 2024. Notional outstanding rose across all...