ISDA Response to FASB’s Exposure Draft on Reference Rate Reform

On October 7, 2019, ISDA’s responded to the Financial Accounting Standards Board’s (FASB) exposure draft file reference number 2019-770 on reference rate reform (Topic 848). ISDA members support the FASB’s proposals in the exposure draft to provide optional expedients and exceptions to applying US GAAP to derivatives and hedging relationships and other transactions and contracts that will be affected by reference rate reform. ISDA is in favor of the exposure draft’s targeted improvements, but, at the same time, is requesting additional clarification to avoid unintended consequences.

Documents (1) for ISDA Response to FASB’s Exposure Draft on Reference Rate Reform

ISDA AGM Studio: Jacques Vigner, BNP Paribas

Jacques Vigner, ISDA board member and chief strategic oversight officer for global markets at BNP Paribas, speaks with Mark Gheerbrant, global head of risk and capital at ISDA, on the key obstacles to a consistent, risk-appropriate capital framework and how to...

ISDA AGM Studio: Future Leaders in Derivatives

Following publication of the latest whitepaper from the ISDA Future Leaders in Derivatives (IFLD) program, Collateral and Liquidity Efficiency in the Derivatives Market: Navigating Risk in a Fragile Ecosystem, Joel Clark talks to IFLD participants Koen Ottenheijm, senior treasury and...