ISDA Letter to FASB on Agenda Consultation

On June 30, ISDA submitted a comment letter to the Financial Accounting Standards Board (FASB) in response to the proposal File Reference No. 2025-ITC100, Agenda Consultation. In the letter, ISDA believes the highest priority should be given to expanding the hedge accounting model to address its limitations in aligning accounting outcomes with actual economic exposures and actual entities’ risk management practices. ISDA also highlights that expanding the hedge accounting model through a dedicated broad scope project or projects should be among the FASB’s highest priorities. The objective of hedging is for an entity to minimize the potential impacts of economic risks. In the letter ISDA’s members explore different approaches to align hedge accounting with real-world risk management activities and addressing these challenges would meaningfully enhance the relevance and decision-usefulness of financial reporting for financial statement users.

Documents (1) for ISDA Letter to FASB on Agenda Consultation

Response to EC Consultation on Carbon Price

On June 10, ISDA responded to the European Commission’s (EC) consultation on the calculation of the carbon price paid in a third country under Article 9 of the Carbon Border Adjustment Mechanism (CBAM). ISDA supports the EC’s proposal that evidence...

Response to CFTC on Clearing Requirements

On June 11, ISDA responded to the US Commodity Futures Trading Commission’s notice of proposed rulemaking on the clearing requirement determination under Section 2(h) of the Commodity Exchange Act for interest rate swaps to account for Canadian dollar-denominated and Mexican...

Digital Assets and Derivatives: Where Next?

Digital assets are moving into a phase of institutional integration into derivatives markets. Trading venues, custodial infrastructures and tokenization platforms now exist across both traditional financial markets and public blockchain networks. While this diversity has accelerated innovation and liquidity formation,...