On November 25, ISDA submitted a comment letter to the Financial Accounting Standards Board (FASB) in response to its exposure draft (ED) on File Reference No. 2024-ED200, Derivatives and Hedging (Topic 815) – Hedge Accounting Improvements. ISDA supports the FASB’s proposals in the ED and believes it achieves the FASB’s objective of improving the application and relevance of the derivatives and hedging guidance.
In the response, ISDA included an appendix that summarizes other opportunities to improve accounting and reporting for hedge accounting under Topic 815. Those issues are discussed in a recent ISDA whitepaper, which highlights a number of other issues across cashflow, fair value and foreign currency hedge accounting, which ISDA believes can be addressed through standard setting.
Documents (1) for ISDA Letter to FASB on Hedge Accounting Improvements
Latest
ISDA ALF: Katherine Tew Darras Opening Remarks
ISDA Annual Legal Forum London, February 11, 2026 Opening Remarks Katherine Tew Darras ISDA General Counsel Good morning and welcome to ISDA’s Annual Legal Forum. Thank you for joining us today and thanks to our platinum sponsors – Cleary...
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...
IRRBB Management in EMDEs
Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...
Response to CPMI-IOSCO on Consultation
On February 5, ISDA and FIA responded to the Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) consultation on the management of general business risks and general business losses by financial market infrastructures (FMIs)....