ISDA Legal Opinions and COVID-19

ISDA is monitoring the status of emergency insolvency legislation in jurisdictions covered by ISDA netting opinions and informal country updates. The monitor is available below and will be updated on a regular basis:

COVID-19 Monitor

Please visit ISDA’s COVID-19 page for information on more developments following COVID-19.

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...