ISDA-FIA Supplemental Comment Letter to G-SIB Surcharge

ISDA and the Futures Industry Association (FIA) supplemental comment letter on the proposed changes by the Board of Governors of the Federal Reserve System to the mandatory Banking Organization Systemic Risk Report form (FR Y-15) to add to the Complexity and Interconnectedness indicators of the G-SIB Surcharge any over-the-counter (OTC) derivatives transaction in which a US global systemically important banking organization (G-SIB), acting as agent for its client’s trade with a central counterparty (CCP), guarantees the client’s performance to the CCP.

 

Documents (1) for ISDA-FIA Supplemental Comment Letter to G-SIB Surcharge

ISDA Response to FCA on Fund Tokenization

On November 21, ISDA responded to the Financial Conduct Authority’s (FCA) consultation paper CP25/28 on progressing fund tokenization. In the response, ISDA focuses on the use of tokenized assets as both cleared and non-cleared derivatives collateral. Tokenization presents a significant...