A working group to address risks in derivatives contracts of permanent discontinuation of LIBOR, EURIBOR or TIBOR in JPY. Representatives include dealers, end users, CCPs and benchmark administrators.

The Latin America Distribution List addresses business and regulatory issues of importance to ISDA members in Latin America. In light of recently enacted and pending legislation throughout the Latin America region, this initiative has been intensified. The focus of the Latin America Distribution List initiative will be on working with country regulators and potential new members to introduce them to ISDA, its documentation and other activities through meetings and conferences.

Working group for discussion on margin practices and procyclicality. This WG has been set up to develop a response to the CPMI/IOSCO consultation on margin practices and will be used for follow-up consultations on the same or similar topics.

The purpose of the North America Accounting Working Group (NAAWG) is to create a forum for preparers of financial statements to meet and discuss technical accounting matters and practice issues under standards created or discussed by the Financial Accounting Standards Board (FASB) along with the Securities and Exchange Commission (SEC) and other relevant standard-setting and regulatory bodies such as the International Accounting Standards Board (IASB). The NAAWG provides a forum for members to exchange and develop views on a wide range of derivatives topics including: netting and offsetting, cleared and non-cleared derivatives, IBOR reform, OIS discounting, hedge accounting, disclosure practices, fair value measurement, control and valuation matters.

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

Discussion with ISDA and other trades on CCPs’ provision of required data for capital calculation, especially for default fund contributions.

The objective of the Margin and Collateral Processing Working Group is to design and develop an operating framework to support collateral management efficiencies. This workstream will focus on identifying and implementing operational and technology solutions industry-wide to support a holistic collateral management ecosystem. Work products will include ISDA Margin InfoHub UMR and Suggested Operational Practice resources.

The Legal Opinion Contacts Distribution List provides a forum to discuss and exchange ideas relating to the scope of ISDA Legal Opinions as well as other related topics. Involvement in the distribution list is not mandatory and can be used as a means to stay updated on the work related to ISDA Legal Opinions.

This group will be responsible for regulation/documentation and protocol modules and education to the ISDA Jurisdictional Modular Resolution Stay Protocol – this group contains a broad range member firms.

The purpose of this group is to identify opportunities for further standardization and digitization of legal documentation and to support the development of technology-enabled contract delivery solutions and common legal agreement data standards. This Working Group will collaborate with the ISDA Smart Contracts/ DLT Legal Group in working to build the legal foundation upon which new technologies such as DLT and smart contracts can be developed and adopted for use in the derivatives industry.