Both Brexit and benchmark reform emerged as headline issues relatively close together – June 2016… Read more Asian Options – IQ September 2020

The Transition to Risk-free Rates (RFRs) Review analyzes the trading volumes of over-the-counter (OTC) and… Read more Transition to RFRs Review: First Quarter of 2023

European retail and institutional investors use European Union (EU) and third-country benchmarks for a variety… Read more The Importance of Reforming the EU Benchmarks Regulation

The US Federal Reserve’s series of interest rate hikes, which started with a 0.25% increase… Read more Examining IRD Trading Activity in Response to Rising Interest Rates and RFR Transition

Understanding the potential impact of climate risk on the financial system is of increasing importance,… Read more A Conceptual Framework for Climate Scenario Analysis in the Trading Book

ISDA, the Securities Industry and Financial Markets Association (SIFMA), the American Bankers Association (ABA), the… Read more Industry Response to Standardized Approach for Counterparty Credit Risk (SA-CCR)

There’s been a lot of debate recently about whether and how pre-cessation fallbacks should apply… Read more New Letters on Pre-cessation Issues Welcome

ISDA published a whitepaper in May 2022 outlining key legal, regulatory and risk management issues… Read more ISDA Survey on OTC Derivatives in Emerging and Developing Markets

ISDA published a paper in December 2021 that considered the legal implications of voluntary carbon… Read more The Legal Nature of Voluntary Carbon Credits: France, Japan and Singapore