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
Bulk Adherence Upload Page
Please download the attached Excel worksheet and fill out a separate row for each adherence. Then select and upload your completed file using the buttons below. If any errors are found, please correct and re-upload. Note that, if the only...
ISDA In Review – May 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in May 2025.
ISDA Response to HMT SI on Digital Assets
On May 23, ISDA sent a comment letter in response to a draft statutory instrument (SI) from His Majesty’s Treasury (HMT) that establishes a new regulatory framework for digital assets. In the letter, ISDA recommends a review of the proposed...
FX Emerging Markets Documentation
ISDA now hosts the Template Terms published by EMTA, Inc. (the Emerging Markets Traders Association). More information about ISDA’s and EMTA’s respective roles in documentation for emerging markets is available at the following link. The documents can be found in...