The Security-Based Swap (SBS) Transaction Reporting Party Requirements Suggested Operational Practices (SOP) establishes the hierarchy and tie-breaker logic to determine a single reporting counterparty for SEC security-based swap reporting (SBSR). The document leverages the existing reporting party standards published by ISDA for CFTC and Canada, therefore allowing reporting entities to reuse aspects of their existing builds and to accommodate multi-jurisdictional reporting by a single reporting entity.
The document was updated on February 11, 2022 to reflect agreed suggested operational practices for Section 2 “SBS RCP Determination- Industry Standard Approach” Scenario #2 for SBS where a Non-US SBSD faces a Relying Entity.
Documents (2) for SEC SBS Transaction Reporting Party Requirements
Latest
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...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
ISDA Publishes ISDA SIMM® Methodology, Version 2.9+2606
Following the 2026 primary calibration exercise, ISDA is pleased to publish ISDA SIMM® version 2.9+2606. This version incorporates updates arising from the recalibration of the model using historical data up to and including 30 June 2026. The ISDA SIMM methodology...