ISDA AGM 2018: How Do We Complete the Cross-border Puzzle?

There has been progress in reaching cross-border equivalence and substituted compliance determinations – most recently, with trading venues in the EU and US – but much more remains to be done. With the final Basel capital measures set to be transposed into local regulations, the issue is likely to come to the fore once again. How can regulators and the industry solve the cross-border puzzle once and for all?

  • Moderator: Scott O’Malia, Chief Executive Officer, ISDA
  • Michael Davie, Global Head of Rates, LCH
  • Michael Gill, Chief of Staff, Commissioner Giancarlo at U.S. Commodity Futures Trading Commission
  • Kazunari Mochizuki, Director for International Financial Markets (Settlements), Japan Financial Services Agency
  • Dr. Kay Swinburne MEP, Vice Chair of the Economics and Monetary Affairs Committee, European Parliament
  • Petr Wagner, Finance Counselor, Delegation of the European Union to the United States
  • Clare Woodman, Global Chief Operating Officer for Institutional Securities, Morgan Stanley

Response to EC Consultation on Carbon Price

On June 10, ISDA responded to the European Commission’s (EC) consultation on the calculation of the carbon price paid in a third country under Article 9 of the Carbon Border Adjustment Mechanism (CBAM). ISDA supports the EC’s proposal that evidence...

Response to CFTC on Clearing Requirements

On June 11, ISDA responded to the US Commodity Futures Trading Commission’s notice of proposed rulemaking on the clearing requirement determination under Section 2(h) of the Commodity Exchange Act for interest rate swaps to account for Canadian dollar-denominated and Mexican...

Digital Assets and Derivatives: Where Next?

Digital assets are moving into a phase of institutional integration into derivatives markets. Trading venues, custodial infrastructures and tokenization platforms now exist across both traditional financial markets and public blockchain networks. While this diversity has accelerated innovation and liquidity formation,...