ISDA Submits Letter to FASB on Proposed Accounting Standards Update

On July 2, ISDA submitted a letter to the Financial Accounting Standards Board (FASB) in response to its proposed Accounting Standards Update (ASU), Derivatives and Hedging (Topic 815) Fair Value Hedging – Portfolio Layer Method. ISDA supports the FASB’s efforts to clarify and improve US generally accepted accounting principles applicable to the hedging of a closed portfolio of prepayable financial assets. ISDA broadly believes the proposed guidance will reduce the complexity and clarify accounting and disclosures when hedging interest rate risk for portfolios of prepayable financial assets.

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ISDA Presents Lock-Up Agreement Proposal

ISDA is pleased to present the proposed Lock-Up Agreements and CDS – Proposed Auction Solution. “Lock-Up Agreements” are market-wide arrangements, broadly standardized and predominantly integrated with court sanctioned restructuring or bankruptcy processes. Numerous end users will sign material Lock-Up Agreements...

Key Trends in OTC Derivatives Market H2 2024

The latest data from the Bank for International Settlements (BIS) over-the-counter (OTC) derivatives statistics shows a modest increase in notional outstanding during the second half of 2024 compared to the same period in 2023. Notional outstanding for interest rate, foreign...