On September 4, ISDA responded to the European Financial Reporting Advisory Group’s (EFRAG) invitation to provide feedback on its Interest Rate Benchmark Reform Assessment – Phase 2 (amendments to IFRS 9, IAS 39 and IFRS 7, IFRS 4 and IFRS 16).
The European Commission asked EFRAG to provide technical advice on the costs and benefits that would arise from the implementation of the International Accounting Standards Board’s interest rate benchmark reform amendments in the European Union and European Economic Area.
ISDA’s members agree with the EFRAG’s assessment that the IASB’s amendments are an improvement to the current rules and are not contrary to the principles and criteria for endorsement set out in Regulation (EC) No 1606/2002.
Documents (1) for ISDA Responds to EFRAG on Benchmark Reform
Latest
Paper on Proposal 6 on Margin Transparency
On November 16, ISDA published a document that looked at proposal 6 in the final Basel Committee on Banking Supervision (BCBS), Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) report on margin transparency. Proposal...
Tender Issued for DC Administrator Role
ISDA and the Credit Derivatives Governance Committee have issued an invitation to tender for an independent regulated entity to serve as the administrator for the Credit Derivatives Determinations Committees (DCs), which includes assuming the role of DC secretary. The DC...
ISDA SIMM: The Standard for IM Calculations
The ISDA Standard Initial Margin Model (ISDA SIMM) plays an important role in ensuring margin calculations are consistent, transparent and aligned with global best practices and regulatory requirements. Since its launch in 2016, the model has been rigorously tested, regularly...
ISDA In Review – October 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in October 2025.