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
Latest
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...
Response to SEC on FICC Guaranty Fund
On September 1, ISDA and FIA submitted a joint response to the US Securities and Exchange Commission (SEC), supporting the Fixed Income Clearing Corporation’s (FICC) proposal to establish a dedicated guaranty fund at its government securities division (GSD). FICC had...
