IQ in Brief: Regional Events Special

ISDA’s Regional Events in October covered a variety of key issues for derivatives markets, including LIBOR transition, sustainable finance, clearing equivalence and the digitisation of derivatives markets.

O’Malia: ISDA Committed to Supporting Green Transition

Financial markets have a critical role to play in mobilising the estimated $110 trillion in capital that is needed to transition to a green economy and ISDA is committed to promoting  legal certainty, standards and best practices to support the transition, ISDA chief executive Scott O’Malia has said.

Litvack: Capital Treatment of Carbon Credits Critical

Carbon trading markets will likely play an important role in helping countries meet their emissions-reduction targets, but appropriate capital treatment of carbon credits is essential to ensure this market can function efficiently, according to Eric Litvack, chairman of ISDA.

Act Now on US Dollar LIBOR, says New York Fed’s Wuerffel

Firms should act now to reduce their use of US dollar LIBOR, ahead of a year-end supervisory deadline to halt new US dollar LIBOR trades, says Nate Wuerffel, senior vice president in the markets group at the Federal Reserve Bank of New York.

Effective Regulation Critical for UK Finance, says HM Treasury

The UK government is seeking to set openness, innovation, sustainability and competitiveness at the core of its financial services sector as it reviews the regulatory framework following Brexit, according to Richard Knox, co-director of the financial services group at HM Treasury.

Also In This Issue:

  • Work Together with Urgency on LIBOR Transition
  • European Commission Considering Industry Feedback on Euro Clearing Relocation
  • Digitisation Addresses Patchwork Documentation
  • Thanks to Our Sponsors

Please click on the PDF below to read the full issue.

Documents (1) for IQ in Brief: Regional Events Special

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...