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 Response – ROC Consultation on Revised CDE Version 4
The International Swaps and Derivatives Association, Inc. (ISDA) response to the Regulatory Oversight Committee (ROC) consultation on the harmonisation of critical OTC derivatives data elements (CDE) revised CDE Technical Guidance – version 4, submitted to the ROC on January 24,...
ISDA response to ESMA MiFIR Review Consultation
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Canadian Transaction Reporting Party Requirements
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ISDA In Review – June 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in June 2025.