The Credit Derivatives Market Practice Distribution list is a long-standing distribution list used to keep ISDA members apprised of key developments in the credit market practice space.

The Conduct of Business RIC focuses on implementing regulatory requirements related to issues including but not limited to registration, recordkeeping, standards for dealing with counterparties, conflicts of interest and disclosure. The RIC addresses these issues primarily by establishing new ISDA working groups or leveraging existing ones. These working groups may be utilized to discuss the substantive requirements and member interpretations, or to establish best practices to facilitate industry compliance.

For example, ISDA working groups are assisting with industry implementation of disclosure requirements for electronically executed swaps, and with confirmation rule requirements. While the Conduct of Business RIC’s initial focus is on US rules, the Committee is global in its coverage.

The Asia-Pacific Interest Rates Derivatives Operations Distribution List consists of interest rates derivatives operations people in the Asia Pacific region. The group aims to address any interest rates derivatives operational issues in the region.

This subgroup to the ISDA Clearing Risk and Capital Committee will discuss and coordinate advocacy in relation to the proposed Canadian CCP resolution legislation.

A working group to discuss and address legal and regulatory implementation issues arising out of bank recovery and resolution regulations and requirements, including producing documentation solutions to facilitate compliance as well as advocacy and addressing cross border issues which are legal in nature and/or impact documentation solutions. This working group consider various regulations and guidance, including BRRD and supporting regulations.

The committee consists mainly of front office and business people. The Steering Committee aims to address market practice and business matters of topical concern and also determines the overall strategy and direction of ISDA’s activities.

The working group consists of senior legal people based in HK and Singapore. The aim of the group is to provide strategic guidance and leadership to ISDA on its legal and regulatory efforts in the Asia-Pacific region, as well as to provide a platform for discussion and debate on legal and regulatory issues of topical concern.

The group consists mainly of legal professionals and holds monthly meetings in Singapore. Legal and regulatory developments in Asia-Pacific (with a focus on South Asia), as well as notable developments in the rest of the world, and ISDA initiatives and efforts in the preceding month are discussed at the meeting.

The Asia-Pacific Equity Derivatives Operations Working Group consists of equity derivatives operations people in the Asia-Pacific region. The group aims to address any equity derivatives operational issues in the region.

The Australia Distribution List addresses topical issues of importance to ISDA members active in this jurisdiction, such as submissions on proposed new laws and regulations.