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)
Documents (5) for UPDATED FAQ: 2014 Credit Derivatives Definitions & Standard Reference Obligations
- 20140821-isda-2014-credit-definitions-faq-g-o-2(pdf) will open in a new tab or window
- 20140829-cln-isda-2014-credit-definitions-faq(pdf) will open in a new tab or window
- 20140909-cln-isda-2014-credit-definitions-faq(pdf) will open in a new tab or window
- 20140918-cln-isda-2014-credit-definitions-faq(pdf) will open in a new tab or window
- 20141002-cln-isda-2014-credit-definitions-faq(pdf) will open in a new tab or window
Latest
ISDA In Review – August 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in August 2026.
Remove Bureaucracy from Cross-margin Approvals
Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...
Joint Response on CCP Resolution
On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...
Expanding Legal Agreement Coverage in the CDM
This paper examines the recent extension of the Common Domain Model (CDM)1 to represent two of the most significant, and previously undeveloped, areas of its legal agreement model: umbrella agreements and contract amendments. Umbrella agreements are widely used to document...