Industry associations respond to notice of proposed rule-making on single counterparty credit limits

On June 3, 2016, ISDA, The Clearing House Association, the American Bankers Association, the Financial Services Roundtable and the Securities Industry and Financial Markets Association jointly responded to the Board of Governors of the Federal Reserve System’s notice of proposed rule-making implementing single counterparty credit limits for domestic and foreign bank holding companies with total consolidated assets of $50 billion or more.

Documents (1) for Industry associations respond to notice of proposed rule-making on single counterparty credit limits

ISDA Publishes Updated ISDA SIMM Governance

ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...

ISDA Response to PRA IMA Consultation

On September 18, ISDA, the Association for Financial Markets in Europe, the Institute of International Finance and UK Finance submitted a joint response to the UK Prudential Regulation Authority consultation on adjustments to the internal model approach (IMA) for the...

Calibration Test – IQ September 2026

Calibrating capital requirements is a highly complex undertaking and getting it wrong can have serious consequences. Too much lenience might lead to banks holding insufficient capital to mitigate their risks. But excess conservatism can put balance sheets under strain, forcing...