The IIGC and the industry’s commitments to global supervisors
ISDA and the industry have worked in close collaboration with global supervisors to achieve greater levels of counterparty credit risk management, regulatory transparency and operational efficiency. The ISDA Industry Governance Committee (IIGC) is comprised of major dealers and buy side institutions and serves as a forum for market participants to communicate with regulators and to further strengthen the OTC derivatives market infrastructure.
The following materials include information on the structure of the IIGC:
- Industry Governance Organizational Chart
- Industry Governance Committee Structure
- OTC Derivatives Industry Governance document
- ISDA Develops Three-Layered Governance Structure for Derivatives Industry Market Practice and Post-trade Activities (Press Release)
Below are recent industry letters (and supplements) to the global supervisory group, and explanatory press releases which serve as useful summaries.
Latest
Steps to a Vibrant Derivatives Market: SOM Remarks
Steps to a Vibrant and Resilient Derivatives Market December 4, 2025 Remarks at the Mediterranean Partnership of Securities Regulators Scott O’Malia ISDA Chief Executive Officer Good afternoon and thank you to the Mediterranean Partnership of Securities Regulators (MPSR) for...
ISDA Response to BoE on Gilt Market Resilience
On November 28, ISDA responded to the Bank of England’s discussion paper on gilt market resilience. ISDA encourages the Bank of England, before introducing any significant policy changes that would affect the functioning of the gilt repo market, to consider...
Addressing Termination Troubles
When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...
ISDA In Review – November 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in November 2025.