ISDA Comment letter supporting delay of implementation date for 871(m)

ISDA comment letter to the United States Department of the Treasury in support of comments submitted by the Securities Industry and Financial Markets Association (SIFMA) in its June 24th letter seeking a delay of the implementation date for the final and temporary regulations under section 871(m) of the Internal Revenue Code.

Documents (1) for ISDA Comment letter supporting delay of implementation date for 871(m)

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...