Guide to ISDA and EMTA FX Derivatives Documentation and Currency Provisions

ISDA has published a guide to ISDA and EMTA FX Derivatives Documentation and Currency Provisions (the “Guide”), which is intended to inform market participants of the various publications by ISDA and EMTA relating to FX and currency derivatives documentation and where to find such publications on the ISDA and EMTA  websites. ISDA and EMTA may continue to update the Guide in the future to include additional publications and provisions. More information 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...

SwapsInfo Full Year 2025 and Q4 2025

Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...