Joint ISDA/GFMA letter regarding the mandated use of ISIN for product identification under MIFID II/MIFIR

On December 15, 2015, ISDA and GFMA sent a letter to the European Commission highlighting two major concerns related to the mandated use of ISINs for OTC derivatives. The first one relates to the applicability of ISIN for derivatives and derivatives processing as a product identifier. The second relates to competition issues that will be created by a mandated adoption of ISIN.

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Documents (1) for Joint ISDA/GFMA letter regarding the mandated use of ISIN for product identification under MIFID II/MIFIR

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...