ISDA Request for No-Action Relief for swaps cleared through Exempt/No-Action DCOs

Request for no-action relief regarding the Part 45 regulations addressing the treatment of swaps cleared or intended for clearing through clearing agencies with are exempt DCOs or have similar no-action relief from the obligation to register as a DCO.

If granted, the relief would bridge the gap between the Part 45 regulations and the Part 45 obligations specified in the relevant exemption orders and no-action relief.

Documents (1) for ISDA Request for No-Action Relief for swaps cleared through Exempt/No-Action DCOs

Safe, Efficient Markets for SFTs

Securities financing transactions (SFTs) – including repurchase agreements (repo), securities lending, buy/sell backs and margin lending – are foundational to the functioning of modern financial markets. They support the day-to-day distribution of liquidity, enable collateral to move efficiently across cash...

ISDA Recommendations to Simplify EU Regulation

On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...