On December 21, 2015, the CFTC responded in agreement with ISDA’s proposal to permit derivatives clearing organizations (DCOs) to accept or reject trades for clearing within 10 minutes of execution on a SEF or a DCM and granted until August 1, 2016 for compliance with the requirement. Furthermore, CFTC staff still expect that the industry will continue to reduce the timeframes for transaction processing and will monitor the industry and may take further action as warranted.
Documents (1) for CFTC response to ISDA’s proposed STP plan
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ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
ISDA/IIF Responds to the PRA Consultation
On July 30th, ISDA and IIF responded to the PRA consultation (CP10/25) on enhancing banks’ and insurers’ approaches to managing climate-related risks, which proposes updates to the Supervisory Statement 3/19 on climate-related risk management for banks and insurers. ISDA and...
ISDA Board Appoints New Chair
ISDA has announced that its Board of Directors has elected Amy Hong as its new Chair. Ms. Hong is Head of Strategy, Investments and Partnerships in the Global Banking & Markets division at Goldman Sachs, responsible for leading strategic initiatives...
Response on Scope of BMR
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