ISDA has recorded a webinar to introduce its conceptual paper on the ISDA Common Domain Model (CDM). The paper lays out a possible design framework for the CDM, which is intended to provide a standardized, digitized representation of derivatives trade lifecycle events and actions. Such a common representation will help realize the full potential of emerging technologies, such as distributed ledger and smart contracts.
The webinar explains what the CDM is, and sets out the next steps in its development. It also describes the ways that participants from all corners of the derivatives industry can provide feedback and get involved with the project.
Click here to view the webinar.
Latest
Expanding Legal Agreement Coverage in the CDM
This paper examines the recent extension of the Common Domain Model (CDM)1 to represent two of the most significant, and previously undeveloped, areas of its legal agreement model: umbrella agreements and contract amendments. Umbrella agreements are widely used to document...
ISDA Omnibus Canadian Representation Letter
On September 2, ISDA published the Omnibus Canadian Representation Letter, which combines previously published representation letters drafted to assist firms in compliance with Canadian trade reporting, business conduct, regulatory margin and clearing classification rules. The Omnibus Canadian Letter is designed...
Joint Response on Cross-margining
On August 31, ISDA and FIA submitted a letter to the US Commodity Futures and Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on the agencies’ joint request for comment on the implementation of portfolio margining and cross-margining...
Accounting for Carbon Credits: Latest Developments
This paper updates and extends the analysis set out in ISDA’s October 2023 paper on accounting for carbon credits. While preserving the original focus on the accounting treatment of voluntary carbon credits (VCCs) and compliance carbon credits (CCCs), it expands...