ISDA Comment Letter to Department of Treasury

ISDA comment letter to the Department of Treasury regarding the President’s Executive Order 13772 titled “Core Principles for Regulating the United States Financial System”. As discussed in the letter, ISDA believes that the Administration can provide tremendous value by facilitating better inter-agency regulatory coordination domestically and abroad, ensuring that the US implementation of international standards does not exceed those agreed-upon principles and providing targeted reform recommendations to the US financial regulators.

Documents (1) for ISDA Comment Letter to Department of Treasury

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,...