On April 11, 2024, International Swaps and Derivatives Association, Inc. (ISDA), the Institute of International Finance (IIF), and their respective members submitted a response to the BCBS-IOSCO-CPMI Review of Margining Practices (September 2022) which are reflected in the BCBS-IOSCO WGMR consultative report on Streamlining VM Processes and IM Responsiveness of Margin Models in Non-Centrally Cleared Markets (the “Report”).
ISDA’s Collateral Initiatives work responds to our members’ goals to reduce collateral management costs and risks by automating and streamlining collateral management, including documentation and onboarding, margin call and settlement, and collateral optimization.
ISDA is committed to ensuring the longevity of the ISDA SIMM®, a robust, regulatory compliant and effective global initial margin model. Dialogue with global regulators has resulted in the adoption of a number of enhancements to the SIMM Governance Framework.
Documents (1) for BCBS-IOSCO WGMR Consultation Response – Streamlining VM Processes and IM Responsiveness of Margin Models in Non-Centrally Cleared Markets
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ISDA In Review – December 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in December 2025.
Response to EC on Market Risk Prudential Framework
On January 6, ISDA, the Association for Financial Markets in Europe (AFME) and the Institute of International Finance (IIF) submitted a joint response to the European Commission’s (EC) targeted consultation on the application of the market risk prudential framework. ISDA,...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Response on CCP Participation Requirements
On December 24, ISDA responded to a consultation from the European Securities and Markets Authority (ESMA) on central counterparty (CCP) participation requirements. Participation requirements for CCPs are vital for safe and efficient clearing markets, and ISDA broadly supports ESMA’s consultation...