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.
Documents (1) for ISDA Response to IASB on Benchmark Reform
Latest
ISDA Wins Regulation Asia Award
ISDA has been awarded Outstanding Contribution to Regulatory Reforms for the ISDA Digital Regulatory Reporting (ISDA DRR) solution by Regulation Asia at its ninth annual Awards for Excellence. The ISDA DRR uses the Common Domain Model to convert an industry-agreed...
DTF Tokyo: JFSA Remarks
On October 23, Kei-Ichiro Inaba, deputy commissioner for international affairs at the Financial Services Agency, Government of Japan (JFSA), delivered keynote remarks at the ISDA Derivatives Trading Forum in Tokyo. Click here to read the speech.
ISDA Launches RFP for Trade Eligibility Solution
ISDA has launched a request for proposal (RFP) for the development of a trade reporting eligibility tool for use alongside the ISDA Digital Regulatory Reporting (DRR) solution. The eligibility tool is intended to provide analysis on whether a derivatives transaction...
Joint Response to ETS Review
On November 2, ISDA and the Association for Financial Markets in Europe submitted a joint statement on the European Commission’s call for feedback on the review of the EU Emissions Trading System (ETS). The response highlights the importance of a...