(updated June 26, 2024)
On May 15, ISDA published the attached market practice note regarding setting the start date/effective date for over-the-counter interest rate derivatives traded by reference to an international money market (IMM) date.
On June 26, ISDA republished the attached market practice note with the addition of a supplemental table of the financial centre(s) customarily used for determining the effective date for certain non-deliverable and cross-currency interest rate swaps in certain currencies, referencing certain Floating Rate Options based on feedback from the ISDA Interest Rates Steering Committee.
Documents (1) for International Money Market Dates Market Practice Note
Latest
Expanding Legal Agreement Coverage in the CDM
This paper examines the recent extension of the Common Domain Model (CDM)1 to represent two of the most significant, and previously undeveloped, areas of its legal agreement model: umbrella agreements and contract amendments. Umbrella agreements are widely used to document...
ISDA Omnibus Canadian Representation Letter
On September 2, ISDA published the Omnibus Canadian Representation Letter, which combines previously published representation letters drafted to assist firms in compliance with Canadian trade reporting, business conduct, regulatory margin and clearing classification rules. The Omnibus Canadian Letter is designed...
Joint Response on Cross-margining
On August 31, ISDA and FIA submitted a letter to the US Commodity Futures and Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on the agencies’ joint request for comment on the implementation of portfolio margining and cross-margining...
Accounting for Carbon Credits: Latest Developments
This paper updates and extends the analysis set out in ISDA’s October 2023 paper on accounting for carbon credits. While preserving the original focus on the accounting treatment of voluntary carbon credits (VCCs) and compliance carbon credits (CCCs), it expands...
