ISDA responds to HMT, BoE on UK CCP Framework Consultations

On November 18, ISDA submitted its responses to the Bank of England (BoE) consultation on ensuring the resilience of central counterparties (CCPs) and the UK Treasury’s (HMT) two draft CCP statutory instruments (SIs).

These consultations form part of the update to the UK’s regulatory framework for CCPs. In its response to the BoE, ISDA supported the proposals on the second tranche of skin in the game and included some suggestions on widening the scope of eligible collateral at CCPs, in response to the discussion section of the paper (Chapter 26).

The response to HMT includes technical comments on the draft SIs.

Four Directors Join ISDA Board

ISDA has announced that two directors have been elected to the ISDA board and two new directors have been appointed, as ISDA’s 40th Annual General Meeting gets underway in Boston. The newly appointed directors are: Tom Ceusters, Director and Chief...

Episode 56: Countdown to Treasury Clearing

With less than nine months to go until the first US Treasury clearing mandates come into force, BlackRock’s Tyler Wellensiek and BNY’s Nate Wuerffel discuss industry progress. Please view this page via Chrome to access the recording.

Response to Eurosystem Consultation on Appia

On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability...