ISDA and AFME issue a Position Paper on the Fundamental Review of the Trading Book (FRTB) which serves as the basis for the market risk capital framework included in the Capital Requirement Directive (CRD) V legislative package proposed by the European Commission (EC) in November 2016. While the Industry is supportive of the introduction of the FRTB which aims at addressing structural shortcomings in Basel 2.5, it believes further calibration changes are required in certain areas and other methodological issues need to be appropriately addressed.
Documents (1) for ISDA/AFME Position Paper CRD V/CRR II: Fundamental Review of the Trading Book
Latest
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...
Paper on Proposal 6 on Margin Transparency
On November 16, ISDA published a document that looked at proposal 6 in the final Basel Committee on Banking Supervision (BCBS), Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) report on margin transparency. Proposal...
Tender Issued for DC Administrator Role
ISDA and the Credit Derivatives Governance Committee have issued an invitation to tender for an independent regulated entity to serve as the administrator for the Credit Derivatives Determinations Committees (DCs), which includes assuming the role of DC secretary. The DC...