On October 14, ISDA submitted comments to the US Securities and Exchange Commission in response to the Fixed Income Clearing Corporation’s (FICC) recently published amended, proposed rule changes related to default management processes. ISDA supports FICC’s efforts to expeditiously clarify how its default management rules apply in the context of done-away clearing. In the letter, ISDA makes recommendations that would further ensure FICC’s rules fully enable close-out netting for done-away transactions.
Documents (1) for ISDA Submits Letter to FICC on Default Management Rules Relating to US Treasury Clearing
Latest
ISDA AGM Studio: Nikita Cotton and Claire Gerrand
Participants from ISDA’s Future Leaders in Derivatives (IFLD) program discuss the opportunities and issues raised by the shift to digital assets and the insights gained from collaborating with peers through the IFLD. Nikita Cotton, senior associate at Morgan, Lewis &...
ISDA Publishes Overview of EU Clearing Landscape
On May 11, ISDA published a paper providing an overview of the EU clearing landscape following the implementation of the European Market Infrastructure Regulation 3.0 (EMIR 3.0). The paper assesses the early operational impact of the active account requirement, including its...
ISDA Responds to AMLA on AMLR
On May 7, ISDA responded to the Anti-Money Laundering Authority’s (AMLA) consultation on draft regulatory technical standards (RTS) on customer due diligence under the Anti-Money Laundering Regulation (AMLR). In the response, ISDA endorsed the Association for Financial Markets in Europe’s...
Episode 57: Clarity on Crypto
As the Clarity Act works its way through Congress, US regulators are evolving their approach to digital assets. Securities and Exchange Commission commissioner Hester Peirce joins The Swap to talk about crypto regulation, Treasury clearing and artificial intelligence. Please view...