ISDA, in collaboration with Clifford Chance, R3 and the Singapore Academy of Law, have published a joint white paper on the private international law aspects of smart derivatives contracts utilizing distributed ledger technology.
To mark the release of the paper, ISDA hosted a panel discussion with Scott O’Malia (CEO, ISDA), Ciarán McGonagle (Assistant General Counsel, ISDA), Caroline Dawson (Partner, Clifford Chance) and Jason Rozovsky (Assistant General Counsel, R3). The panel discussed the specific private international law issues raised in the white paper when trading derivatives in a DLT environment and the recommendations on how these issues might be clarified or resolved. The panel also highlighted two different examples of derivatives transactions, both of which use ISDA documentation and which are implemented on Corda, an open-source blockchain and smart contract platform developed by R3.
You can access this paper and ISDA’s other smart contracts papers here.
Latest
Standard Reference Obligations (SROs) – Webinar on New Selection Process
On February 13, 2026, ISDA and S&P hosted a webinar detailing the new SRO selection process. Access to the webinar can be found here.
Response to BoE on Systemic Stablecoins
On February 10, ISDA responded to the Bank of England’s (BoE) consultation on a proposed regulatory regime for sterling-denominated systemic stablecoins. In the response, ISDA highlights that any regulatory framework should be assessed through the lens of prudent risk management...
SwapsInfo Full Year 2025 and Q4 2025
Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...
ISDA ALF: Katherine Tew Darras Opening Remarks
ISDA Annual Legal Forum London, February 11, 2026 Opening Remarks Katherine Tew Darras ISDA General Counsel Good morning and welcome to ISDA’s Annual Legal Forum. Thank you for joining us today and thanks to our platinum sponsors – Cleary...