ISDA Submits Letter to FICC on Default Management Rules Relating to US Treasury Clearing

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

ISDA Recommendations on EMIR under MISP

On November 2, ISDA published its recommendations on the European Parliament compromise amendments to the European Market Infrastructure Regulation (EMIR) under the Market Integration and Supervision Package (MISP). The briefing covers five areas: transaction reporting (Article 9), non-financial counterparties (Article...

Response on Transaction Reporting and Transparency

On October 30, ISDA submitted comments on the European Parliament’s (EP) proposed transaction reporting and transparency-related amendments to the European Commission’s Market Integration and Supervision Package (MISP). On transaction reporting, ISDA commends the EP’s ambition but cautions against trying to...