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

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...