ISDA Response to IASB on Benchmark Reform

On May 20, ISDA responded to the International Accounting Standards Board’s (IASB) Consultation on the Proposed Amendments Interest Rate Benchmark Reform – Phase 2 – Exposure Draft: ED/2020/1. ISDA supports the IASB’s efforts to amend international financial reporting standards in response to interbank offered rate (IBOR) reform, and agrees with the proposed approach to update the effective interest rate when replacing an IBOR with a risk-free rate (RFR). The amendments are necessary to facilitate an orderly transition to RFRs.

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Documents (1) for ISDA Response to IASB on Benchmark Reform

Pursuing Efficiencies of Tokenization

As we mark the 10-year anniversary of the ISDA Standard Initial Margin Model (ISDA SIMM), which was launched in September 2016 to coincide with the first phase of initial margin (IM) requirements for non-cleared derivatives, we’ve been reflecting on its...

Transition to Mandatory Central Clearing

US Treasury securities sit at the heart of global financial markets and serve as one of the primary forms of high-quality collateral across derivatives and securities financing markets. The transition to mandatory central clearing of US Treasuries therefore has implications...