Last week, ISDA launched two market-wide consultations on benchmark fallbacks – one covering adjustments that would apply to fallback rates in the event certain interbank offered rates (IBORs) are permanently discontinued, and another relating to pre-cessation issues for LIBOR and certain other IBORs.
Today, ISDA published a webinar describing the consultations and featuring remarks from David Bowman of the US Federal Reserve Board and Edwin Schooling Latter of the UK Financial Conduct Authority.
The consultations, webinar and other related materials are available here. As a reminder, responses are due by July 12, 2019. This date will not be extended.
Watch: ISDA IBOR Derivative Fallbacks: May 2019 Consultations
Latest
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.
Capital Models Benchmarking: A Framework for Counterparty Credit Risk Internal Models
When firms implement capital models in line with supervisory standards, a range of interpretative and implementation choices inevitably arise. These choices reflect differences in modeling approaches, data availability, system architecture and risk management practices, and can lead to variation in...
ISDA AGM Studio: Joana Schlenczek & Nate Wuerffel
Joana Schlenczek, ISDA board member and head of FI rates structuring and client solutions at Santander Corporate & Investment Banking, and Nate Wuerffel, global head of market structure and head of product, global collateral, at BNY, speak with Panayiotis Dionysopoulos,...
ISDA AGM Studio: Scott O’Malia and Mark Uyeda, SEC
Mark Uyeda, commissioner at the US Securities and Exchange Commission, speaks with ISDA CEO Scott O’Malia about implementation of the US Treasury clearing mandate and how the SEC is thinking about extraterritorial reach and the treatment of interaffiliate trades.