ISDA published a whitepaper in May 2022 outlining key legal, regulatory and risk management issues for emerging market and developing economies (EMDEs). To complement that initiative, ISDA has conducted a survey of EMDE jurisdictions that looks at the steps that have been taken with regards to these issues. The survey involved legal counsel from 44 EMDE countries.
ISDA recognizes the EMDE classification includes a broad range and number of countries with economies, financial markets and regulatory and policy frameworks that are at different stages of development. For these reasons, it is important that a jurisdiction’s policy and regulatory framework is aligned and evolves with the development of its capital and derivatives markets in order to foster growth and facilitate prudent risk management practices.
Click on the attached PDF to read the full survey results and recommendations.
Documents (1) for ISDA Survey on OTC Derivatives in Emerging and Developing Markets
Latest
ISDA AGM Studio: Emmanuel Geinoz and Eleanor Kelly
Five jurisdictions went live with revised derivatives reporting rules in 2024, with more to follow in 2025 and beyond, putting reporting teams under extreme pressure to implement accurately and on time to avoid regulatory penalties. Emmanuel Geinoz, market infrastructure and...
ISDA AGM Studio: Tyler Wellensiek, Stephen Berger
The first phase of the Securities and Exchange Commission’s Treasury clearing mandate will come into effect in December 2026 – a requirement that will have a significant impact on both US and non-US market participants. Tyler Wellensiek, ISDA board member...
ISDA AGM Studio: Jacques Vigner, BNP Paribas
Jacques Vigner, ISDA board member and chief strategic oversight officer for global markets at BNP Paribas, speaks with Mark Gheerbrant, global head of risk and capital at ISDA, on the key obstacles to a consistent, risk-appropriate capital framework and how to...
ISDA AGM Studio: Future Leaders in Derivatives
Following publication of the latest whitepaper from the ISDA Future Leaders in Derivatives (IFLD) program, Collateral and Liquidity Efficiency in the Derivatives Market: Navigating Risk in a Fragile Ecosystem, Joel Clark talks to IFLD participants Koen Ottenheijm, senior treasury and...