ISDA Response to the Proposed CDIC Eligible Financial Contracts By-law

The International Swaps and Derivatives Association, Inc. (“ISDA”) submitted a comment letter comments to the Canada Deposit Insurance Corporation (CDIC) with respect to the proposed CDIC Eligible Financial Contracts By-law set out in the Canada Gazette, Part I, Volume 155, Number 51, published December 18, 2021.   ISDA proposed phased timing of implementation of the stay provisions to allow for sufficient time to update contractual arrangements with counterparties to comply.

Documents (1) for ISDA Response to the Proposed CDIC Eligible Financial Contracts By-law

ISDA Paper on FRTB Rules in Brazil

On March 24, ISDA submitted a paper to Banco Central do Brazil’s (BCB) on its implementation of the revised market risk framework under the Fundamental Review of the Trading Book (FRTB), which represents an important step toward strengthening prudential standards...

IQ Interview with Mark Uyeda

Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...

Response to FCA on CFI Codes for Transparency

On March 19, ISDA responded to Chapter 3 of the UK Financial Conduct Authority’s (FCA) Quarterly Consultation CP26/8 on transparency requirements for financial instruments under Market Conduct Sourcebook (MAR) 11. Sections 3.11-3.13 of the consultation paper explain a discrepancy between...