NEWS RELEASE
For Immediate Release
ISDA Hosts Regional Regulators Workshop
HONG KONG, Thursday, July 21, 2011 – The International Swaps and Derivatives Association, Inc. (ISDA) hosted an Asia Pacific Regulators Workshop in Hong Kong today with supervisors and policymakers from 19 regulatory bodies across the Asia Pacific region. The one-day session, which was a follow-up to the ISDA Asia Pacific Regulators Summit held in May, addressed specific challenges related to the implementation of over-the-counter (OTC) derivatives regulatory reform in the region.
Topics discussed included the current status of central clearing and trade repository developments in Asia Pacific, implications of market-by-market regulatory and infrastructure solutions, and the impact of Financial Stability Board and G20 standards.
ISDA recognizes the importance of central clearing (assuming it is prudently structured and managed) and trade reporting to regulators in improving the safety and transparency of the marketplace. ISDA urges regional regulators to take a coordinated and cooperative approach to ensure that initiatives in these areas are harmonized so that they decrease rather than increase risk.
“ISDA believes that harmonization market structure initiatives is critical to reducing systemic risk and maximizing market efficiency. We are committed to working closely with regulators around the world and in the region to implement solutions that help the market operate safely and efficiently,” said Robert Pickel, Executive Vice Chairman, ISDA.
For More Information, Please Contact:
Donna Chan, ISDA Hong Kong, +852 2200 5906, dchan@isda.org
Deirdre Leahy, ISDA New York, +1 212 901 6021, dleahy@isda.org
Rose Millburn, ISDA London, +44 203 088 3526, rmillburn@isda.org
Documents (1) for ISDA Hosts Regional Regulators Workshop
Latest
ISDA ALF: Katherine Tew Darras Opening Remarks
ISDA Annual Legal Forum London, February 11, 2026 Opening Remarks Katherine Tew Darras ISDA General Counsel Good morning and welcome to ISDA’s Annual Legal Forum. Thank you for joining us today and thanks to our platinum sponsors – Cleary...
Maintaining Focus on Basel III Endgame Recalibration
In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...
IRRBB Management in EMDEs
Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...
Response to CPMI-IOSCO on Consultation
On February 5, ISDA and FIA responded to the Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) consultation on the management of general business risks and general business losses by financial market infrastructures (FMIs)....