ISDA/GFMA/IIF send letter to GHOS and BCBS on FRTB

On October 30, ISDA, GFMA and IIF sent a letter to the Group of Governors and Heads of Supervision (GHOS) and the Basel Committee on Banking Supervision (BCBS) highlighting areas of the Fundamental Review of the Trading Book (FRTB) framework that require further consideration in order to ensure a balanced and more robust market risk capital framework and prevent negative impacts on the market and broader economy.

Documents (1) for ISDA/GFMA/IIF send letter to GHOS and BCBS on FRTB

ISDA Recommendations to Simplify EU Regulation

On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...

Refreshing the FX Definitions

A lot has changed in the FX derivatives market since 1998, when the last set of standard definitions for FX transactions were published. Trading volumes have grown substantially, and average daily turnover has risen by six times. Market practices have...

ISDA & EMTA Publish New FX Definitions

ISDA and EMTA, Inc., the trade association for emerging markets, have jointly published a revised set of standard definitions for foreign exchange (FX) derivatives transactions, which update key market practices and consolidate various FX and FX-related product templates and provisions...