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)

Pursuing Efficiencies of Tokenization

As we mark the 10-year anniversary of the ISDA Standard Initial Margin Model (ISDA SIMM), which was launched in September 2016 to coincide with the first phase of initial margin (IM) requirements for non-cleared derivatives, we’ve been reflecting on its...

Transition to Mandatory Central Clearing

US Treasury securities sit at the heart of global financial markets and serve as one of the primary forms of high-quality collateral across derivatives and securities financing markets. The transition to mandatory central clearing of US Treasuries therefore has implications...

ISDA Publishes Updated ISDA SIMM Governance

ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...