Guidance for EU IM Model Application for ISDA SIMM®

ISDA SIMM v2.7+2412 goes into effect on July 12, 2025, triggering the initial application requirement for its continued use by all financial and non-financial EU counterparties exchanging IM calculated using ISDA SIMM®. ISDA is providing guidance to ISDA SIMM users to promote awareness and facilitate a consistent approach to preparing data for the initial application. At the request of SIMM users, ISDA has also developed a generic template for the initial application. Use of the template is optional and at the discretion of each applying entity. Questions may be directed to isdasimmtechsupport@isda.org

ISDA Comments on Executive Order 14219

On October 23, ISDA’s North American Tax Working Group (NATWG) submitted comments in response to the US Department of the Treasury and Internal Revenue Service statement regarding taxpayer recommendations on regulations identified under Executive Order 14219, ensuring lawful governance and...