ISDA Response to the DSB Consultation Papers 1 and 2 on the UPI Fee Model

ISDA’s response to the Derivatives Service Bureau (DSB) Consultation Papers on the UPI Fee Model: ‘Industry Views Sought on the Principles Underlying the Fee Model for the Unique Product Identifier Service, submitted 5 March 2021; and Consultation Paper 2 ‘Follow up Proposals on the Principles Underlying the Fee Model for the Unique Product Identifier (UPI) Service – based on Industry Feedback to First Consultation Paper’, submitted 9 July 2021.

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10 Years of the ISDA SIMM

As the derivatives industry prepared for the September 2016 implementation of initial margin requirements for non-cleared derivatives, one challenge stood out: counterparties needed to agree on the amount of initial margin to be exchanged. But if each firm developed its...

Expanding the Universe of Eligible VM

ISDA conducted a series of interviews with buy- and sell-side firms to understand the drivers of a growing use of non-cash assets as variation margin (VM) for non-cleared over-the-counter (OTC) derivatives and the barriers that remain to expanding the use...

ISDA Response on Hedge Accounting Guidance

On August 14, ISDA responded to an exposure draft from the Financial Accounting Standards Board (FASB). ISDA broadly supports the FASB’s proposed targeted improvements to hedge accounting, including allowing interest rate hedging of held-to-maturity (HTM) debt securities, recognizing all Secured...