ISDA is currently undertaking work to amend the 2006 ISDA Definitions to implement fallbacks for LIBOR and other key IBORs. The fallbacks will be to an alternative risk-free rate, subject to certain adjustments. As part of its work, ISDA is conducting a request-for-proposal (RFP) process open to all interested vendors in order to select the vendor that will publish the adjustments. Please view the background materials below for additional information.
ISDA expects to publish the RFP in early February 2019 and provide interested vendors approximately four weeks to respond.
In advance of publishing the RFP, ISDA held a call on January 25 for all interested vendors to go through the background materials and answer questions. If you were not able to listen, a recording of the call is available here.
Documents (1) for Recording: ISDA Call: ISDA IBOR Fallbacks: The Role of a Vendor
Latest
Response to EC Call for Evidence on Tax Omnibus
On March 30, ISDA, the International Securities Lending Association and the Association for Financial Markets in Europe responded to the European Commission’s (EC) call for evidence on the tax omnibus. The associations argue that inconsistent interpretation of “beneficial ownership” among...
Managing Risk for Australian Superannuation Funds
Assets managed by the Australian superannuation sector reached A$4.5 trillion in December 2025, equivalent to around 160% of Australia’s GDP. Given its size, the sector has rapidly expanded its global footprint, with the share of offshore investments growing as a...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Next Steps on a Much Improved Basel III Endgame
Publication of the revised Basel III endgame proposal earlier this month marks an important step towards completion of the global capital reforms, giving banks much-needed clarity on the likely calibration of the rules in the US. The new proposal is...