ISDA has responded to the Swiss Financial Market Supervisory Authority (FINMA) consultation on updated clearing requirements resulting from the transition away from IBORs. ISDA’s response highlights the following points:
- ISDA members are very supportive of central clearing;
- There should be a sufficient notice period for clearing participants (clearing members and their clients);
- Transactions stemming from post-trade risk reduction exercises should be exempt from the clearing obligation;
- ISDA members welcome the Swiss clearing obligations.
Documents (1) for ISDA Responds to Swiss FINMA Consultation on Clearing Obligations for RFR Swaps
Latest
ISDA Responds to FCA Consultation on Improving UK MiFIR Transaction Reporting Regime
On February 20, ISDA submitted a response to the Financial Conduct Authority’s (FCA) consultation paper CP25/32 on Improving the UK transaction reporting regime. The consultation aims to “reduce the regulatory burden on firms, support sustained economic growth in the UK, enhance our...
Episode 55: Tokenization in Derivatives Markets
Tokenization has the potential to bring much-needed efficiency and flexibility to collateral management. Sandy Kaul from Franklin Templeton and the DTCC’s Joseph Spiro talk about the opportunities and the path to broader adoption. Please view this page via Chrome to...
Standard Reference Obligations (SROs) – Webinar on New Selection Process
On February 13, 2026, ISDA and S&P hosted a webinar detailing the new SRO selection process. Access to the webinar can be found here.
Response to BoE on Systemic Stablecoins
On February 10, ISDA responded to the Bank of England’s (BoE) consultation on a proposed regulatory regime for sterling-denominated systemic stablecoins. In the response, ISDA highlights that any regulatory framework should be assessed through the lens of prudent risk management...