The ISDA India’s derivatives market white paper advisory group is open to representatives from front office, legal, compliance, policy and risk. The ISDA India’s derivatives market white paper advisory group is set up to review and guide the appointed consulting firm in coming up with the white paper on “Boosting OTC Derivatives Market in India”.

The European Tax Working Group (ETWG) addresses emerging issues in taxation, liaising with representatives of major institutions and government organizations such as HM Treasury (HMT) and Her Majesty’s Revenue and Customs (HMRC) in the UK and other European civil service departments including the European Commission. The ETWG reviews policy and operational issues arising from current and proposed taxes and levies in the financial sector that may impact derivatives markets across Europe.

This is a trader group to discuss issues on complex FX derivatives that require trader input.

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

A working group focusing on the standardization, development and updates in the FX market for paper confirmations, market practices and regulatory changes. It provides a broad forum for member discussion and feedback.

The purpose of this group is to facilitate meetings between ISDA’s legal opinions counsel (who author legal opinions) to discuss key legal issues and developments which impact the drafting of their opinions.

The purpose of the European Accounting Working Group (EAWG) 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 International Accounting Standards Board (IASB) and other relevant standard-setting and regulatory bodies such as the European Commission (EC) and the European Financial Reporting Advisory Group (EFRAG). The EAWG 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 International Financial Instruments Technical Accounting Group (InFITAG) was launched to discuss members’ technical accounting issues and focuses on matters arising from the practical application of existing IFRS and US GAAP accounting standards. This forum is open only to members working in financial institutions and the discussions are confidential.

This group had its roots in the derivatives working group established by the European Commission to look at derivatives (with a European CCP for CDS being the first priority) in Autumn 2008. The group involves government relations experts and contributes to evaluation and response to proposals from international banking and securities regulators as well as pan-European and individual country legislators.

The Indonesia opinion review group consists mainly of legal professionals. The ISDA Indonesia opinion review group provides a forum for industry participants to discuss Netting enforceability and Bank Resolution in Indonesia.