The ISDA Industry Governance Committee (IIGC) is made up of senior business professionals from the ISDA Board and IIGC committees. Its role is to oversee all strategic issues and lead the dialogue with regulators and market participants on key regulatory implementation issues in the global derivatives markets. The IIGC will also consider issues such as extra-territoriality that affect many different parts of the regulatory landscape. The ISDA Public Policy team in each region will facilitate the dialogue with supervisors and regulators.
The IIGC structure has evolved to include ISDA Regulatory Implementation Committees (RICs). These Committees – Risk & Margin, Conduct Of Business, Organized Trade Execution and Data & Reporting — are charged with addressing specific issues within their domain as outlined in the image below. The existing ISDA Product Steering Committees are primarily asset class specific (Credit, Rates, Equity and Commodities). They are made up of senior business management at the asset class level and focus on providing product-specific perspective to the IIGC and the RICs.
IIGC Chair: Charles Mulhern, Wellington Management Company
Latest
ISDA AGM Studio: Jenny Cosco and Jason Granet
Jenny Cosco, global head of government relations and regulatory strategy at LSEG, and Jason Granet, chief investment officer at BNY, speak with Tara Kruse, ISDA’s global head of derivative products and infrastructure, about how firms can manage liquidity pressures during...
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.
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When firms implement capital models in line with supervisory standards, a range of interpretative and implementation choices inevitably arise. These choices reflect differences in modeling approaches, data availability, system architecture and risk management practices, and can lead to variation in...
ISDA AGM Studio: Joana Schlenczek & Nate Wuerffel
Joana Schlenczek, ISDA board member and head of FI rates structuring and client solutions at Santander Corporate & Investment Banking, and Nate Wuerffel, global head of market structure and head of product, global collateral, at BNY, speak with Panayiotis Dionysopoulos,...