To adhere to the Protocol and for FAQs and other information regarding the Protocol, please go to the ISDA 2016 Variation Margin Protocol page.
For a description of the documents below, please see “How is the Protocol structured? What is the purpose of the different Protocol documents?” on the Protocol FAQs page.
Recipient PCA Principal Annex
Revised EMIR Supplemental Annex (Dec. 16, 2016)
Japanese Notification Time Amendments Supplemental Annex (Jan. 13, 2017)
Non-netting Supplemental Annex (Jan. 20, 2017)
Segregation Amendments Supplemental Annex (Jan. 26, 2017)
Swiss (FMIA) rules Supplemental Annex (May 9, 2017)
Documents (6) for Recipient PCA Principal Annex
- 10recipient-pca-principal-annex(docx) will open in a new tab or window
- 10revised-emir-supplemental-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10japan-notification-time-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10non-netting-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10seg-amends-recipient-pca-principal-annex(docx) will open in a new tab or window
- 10fmia-supplemental-recipient-pca-principal-annex(docx) will open in a new tab or window
Latest
ISDA In Review – June 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in June 2025.
ISDA Presents Lock-Up Agreement Proposal
ISDA is pleased to present the proposed Lock-Up Agreements and CDS – Proposed Auction Solution. “Lock-Up Agreements” are market-wide arrangements, broadly standardized and predominantly integrated with court sanctioned restructuring or bankruptcy processes. Numerous end users will sign material Lock-Up Agreements...
Key Trends in OTC Derivatives Market H2 2024
The latest data from the Bank for International Settlements (BIS) over-the-counter (OTC) derivatives statistics shows a modest increase in notional outstanding during the second half of 2024 compared to the same period in 2023. Notional outstanding for interest rate, foreign...
Request to Extend Relief on No-Action Letter 22-18
On July 3, ISDA requested to extend the relief under the Commodity Futures Trading Commission's (CFTC) no-action letter No. 22-18. ISDA requests that the relief is extended until further action by the CFTC resolves the overlapping and contradictory reporting obligations...