ISDA sends letter to EC on CCP location policy

ISDA sent a letter to the European Commission on June 8, which contains the results of an industry survey on the impact of a European CCP location policy. The survey finds that a location policy for euro clearing in the eurozone would result in significantly higher initial margin requirements for clearing firms because of a loss of netting efficiencies

Documents (1) for ISDA sends letter to EC on CCP location policy

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...