ISDA SIMM™ Phase 5 and 6 License Agreement

In preparation for the final global phase-in periods for regulatory initial margin on September 1, 2020 (Phase 5) and September 2, 2021 (Phase 6) when an increased number of entities are expected to be in scope for the initial margin regulations, ISDA has adopted a streamlined licensing process for its ISDA SIMM™ in order to ensure your firm is able to utilize the model in preparation for these deadlines. There is no fee charged by ISDA to Phase 5 and Phase 6 entities for use of the ISDA SIMM. To access the ISDA SIMM licensed materials, please fill out the required information and accept the standard license agreement on the next page.

For information on the SIMM License Agreement for vendors, please contact isdalegal@isda.org.

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