ISDA joins GLEIF as co-chair of the recently established Global Legal Entity Identifier Foundation (GLEIF) Globally Important Financial Institutions (GIFI) Relationship Group. A key goal of the GLEIF GIFI Relationship Group is to build strong relationships between globally important financial institutions and the GLEIF. For more information about objectives, constituents, and meetings, please refer to the GLEIF GIFI Relationship Group Charter provided or contact ehsu@isda.org.
Documents (1) for ISDA and GLEIF co-chair the GLEIF Globally Important Financial Institutions (GIFI) Relationship Group
Latest
Raising Clients’ Awareness on Portability
Clients accessing a central counterparty (CCP) via a client clearing service provider (CCSP) for over-the-counter (OTC) and exchange-traded derivatives should consider what may happen to their positions and collateral in a scenario in which the CCSP defaults. While regulatory regimes...
Response to FCA on Ancillary Activities Test
On August 28, ISDA and FIA submitted a joint response to the Financial Conduct Authority’s (FCA) consultation paper CP25/19 on the ancillary activities test to determine if commercial users or producers of commodities that trade in commodity derivatives, emission allowances...
Stress Scenarios for CCP IM Simulators
ISDA has published a paper that explains why stress scenarios that central counterparties (CCPs) use for default fund sizing cannot be used for forward-looking initial margin (IM) simulators. Typically, stress scenarios used by CCPs consist of a single step, transitioning...
Paper on EMIR 3 Active Account Representativeness
On September 4, ISDA, the European Fund and Asset Management Association (EFAMA) and FIA shared a paper with EU policymakers requesting clarification on the implementation of the active account requirement under the third European Market Infrastructure Regulation in relation to...