ISDA Writes to EC on EMIR Article 13 Equivalence

On September 27, ISDA wrote to the European Commission (EC), asking it to address the conditions in Article 13 of the European Market Infrastructure Regulation (EMIR) and related equivalence decisions that make it difficult for EU firms to avoid duplicative and conflicting rules, including for the purpose of compliance with phases five and six of initial margin requirements for non-cleared trades.

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...