To adhere to the Protocol and for FAQs and other information regarding the Protocol, please go to the ISDA 2016 Variation Margin Protocol page.
For a description of the documents below, please see “How is the Protocol structured? What is the purpose of the different Protocol documents?” on the Protocol FAQs page.
Recipient PCA Principal Annex
Revised EMIR Supplemental Annex (Dec. 16, 2016)
Japanese Notification Time Amendments Supplemental Annex (Jan. 13, 2017)
Non-netting Supplemental Annex (Jan. 20, 2017)
Segregation Amendments Supplemental Annex (Jan. 26, 2017)
Swiss (FMIA) rules Supplemental Annex (May 9, 2017)
Documents (6) for Recipient PCA Principal Annex
- 10recipient-pca-principal-annex(docx) will open in a new tab or window
- 10revised-emir-supplemental-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10japan-notification-time-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10non-netting-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10seg-amends-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10fmia-supplemental-recipient-pca-principal-annex(docx) will open in a new tab or window
Latest
Protected: 2025 Year-End Bonus Election Form
This content is password protected. To view it please enter your password below: Password:
Key IRD Trends from BIS 2025 Survey
This paper highlights changes in over-the-counter (OTC) interest rate derivatives (IRD) markets between April 2022 and April 2025, based on data from the Bank for International Settlements (BIS) Triennial Central Bank Survey. The survey provides a comprehensive view of global...
RMB IRD Growth in Mainland China & Hong Kong
This report analyzes interest rate derivatives (IRD) activity in mainland China and Hong Kong, with a particular focus on renminbi (RMB)-denominated IRD. It examines market growth, structure and integration across onshore and offshore centers, and places these developments within the...
ISDA and SIFMA Comment on CFTC Proposed Revisions to Business Conduct and Swap Documentation Requirements
On October 24, 2025 ISDA and SIFMA submitted comments to the CFTC on its proposed Revisions to Business Conduct and Swap Documentation Requirements for Swap Dealers and Major Swap Participants. The proposal covers amendments to requirements related to external business...