ISDA published ISDA SIMM version 2.7+2412 on May 22 – the first recalibration under the new semiannual cycle.
The release triggered a new requirement for EU counterparties to apply for regulatory authorization to use the model – a submission that must be complete before the revised version of the ISDA SIMM comes into effect on July 12.
In this short video, Tara Kruse, ISDA’s global head of derivative products and infrastructure, explains what firms need to do to comply.
ISDA has also published guidance for EU model applications, plus a generic template for the initial application, which are available here: https://www.isda.org/2025/05/29/guidance-for-eu-im-model-application-for-isda-simm/
Latest
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Climate Risk Scenario Analysis Phase 4
Climate scenario analysis has become a useful tool for banks and financial institutions to understand the short- and long-term financial risks associated with climate change, particularly in light of evolving regulations and an increased emphasis on reducing the impact of...
ISDA & EMTA Market Practice 45
ISDA & EMTA jointly published the attached updated market practice regarding the determination of barrier events for Brazilian Real non-deliverable continuously monitored barrier option transactions.
Episode 54: A Modernization Agenda
ISDA’s chair Amy Hong sets out priorities for the association in 2026 and the important role that technologies like tokenization and artificial intelligence will play in modernizing derivatives markets. Please view this page via Chrome to access the recording.