ISDA Comment Letter on CMA – February 17, 2022

ISDA’s comments to the Ontario Ministry of Finance in response to the Consultation Draft of the Capital Markets Act and the Consultation Commentary published on October 12, 2021. ISDA’s comments relate to the application of the Draft CMA to over-the-counter derivatives transactions.

Documents (1) for ISDA Comment Letter on CMA – February 17, 2022

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...