Previously published in October 2014, the matrix captures the latest Counterparty ID waterfalls for various jurisdictions to reference as industry standard. Counterparty IDs are used to identify the counterparties, including reporting counterparties, to a transaction. Most reporting regulations specify allowable values for party identification, however, where such values are not available, the reporting party may need to use an alternative party identifier. Reporting jurisdictions may have different preferred waterfalls for alternative Counterparty IDs. The waterfall has been updated to reflect the possibility that (1) in the near future, mapping of alternate counterparty IDs to LEIs will no longer be acceptable for EMIR and (2) the HKMA allows the Certificate of Incorporation or Certificate of Registration and the Business Registration Number to be used as identifiers.
Documents (1) for Counterparty ID Waterfall (updated September 14, 2015)
Latest
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...
ISDA Omnibus Canadian Representation Letter
On September 2, ISDA published the Omnibus Canadian Representation Letter, which combines previously published representation letters drafted to assist firms in compliance with Canadian trade reporting, business conduct, regulatory margin and clearing classification rules. The Omnibus Canadian Letter is designed...
Joint Response on Cross-margining
On August 31, ISDA and FIA submitted a letter to the US Commodity Futures and Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on the agencies’ joint request for comment on the implementation of portfolio margining and cross-margining...
Accounting for Carbon Credits: Latest Developments
This paper updates and extends the analysis set out in ISDA’s October 2023 paper on accounting for carbon credits. While preserving the original focus on the accounting treatment of voluntary carbon credits (VCCs) and compliance carbon credits (CCCs), it expands...