ISDA Taxonomy 1.0 – Regulatory Reporting

The original ISDA OTC Derivatives Taxonomy (“Taxonomy v1.0”) has been in use for cross-jurisdictional reporting for Credit, Rates, Equities, Commodities and FX since 2012. In 2015, an update to the ISDA OTC Derivatives Taxonomies  was undertaken through the collaboration of industry working groups, asset class experts, and steering committees to version 2.0 (“Taxonomy v2.0”). As global data harmonization efforts moved to the forefront, work on Taxonomy v2.0 was paused at the last point in the ISDA Taxonomy governance process, which is a period of public comment.

Therefore, Taxonomy v1.0 is still “live” and parties can opt to use Taxonomy v1.0 for purposes of regulatory transaction reporting. Taxonomy v1.0 values appear below.

Taxonomy v2.0 would be used to identify a product classification when requesting an ISIN from the ANNA DSB system for MiFID II.

For Taxonomy v1.0 or v2.0 questions, contact EHsu@isda.org.

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