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

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...