Time for our second keynote address from the Right Honourable Sir Geoffrey Vos, Master of the Rolls and Head of Civil Justice in England and Wales @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 11:49

There are several legislative proposals to deal with tough legacy exposures, but it will require analysis to determine how the various legislative solutions interact and what instruments and entities are in scope, which could provide an incentive to transition, says Tamsin Rolls
ISDA Wed 10 Mar 2021 11:39

We're not seeing a huge amount of active transition, but the fixing of the fallback spread following the Mar 5 announcement by the FCA and clarity from some regulators on the legacy status of existing trades when it comes to margining and clearing may help, says Tamsin Rolls
ISDA Wed 10 Mar 2021 11:24

Turning to benchmark reform, the next panel will examine the next steps and key issues for benchmark transition after the IBOR Fallbacks Supplement came into effect on January 25, with Tamsin Rolls @jpmorgan, Deepak Sitlani @LinklatersLLP and Owen Taylor @LCH_Clearing
ISDA Wed 10 Mar 2021 10:59

Everyone agrees we need a focus on harmonization and sophistication of ESG data on which the entire industry relies, and standardization of reporting standards, says Natalie Everaert @Citi #isdaALF
ISDA Wed 10 Mar 2021 10:59

Derivatives are an important part of the sustainable finance drive and can play a key role, including enabling capital to be channelled to sustainable investments and helping firms to hedge against ESG risk, says Mark Brown @LinklatersLLP @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 10:54

We’ve seen from day one of the Biden administration a focus on climate risk and climate justice. US regulation will now start moving forward and will benefit from huge tailwinds in doing so, says Natalie Everaert @Citi #isdaALF
ISDA Wed 10 Mar 2021 10:44

With rising demand for derivatives linked to #ESG factors, the next panel looks at what the industry is doing to ensure globally consistent standards, definitions and practices for ESG derivatives, with Mark Brown @LinklatersLLP and Natalie Everaert @Citi
ISDA Wed 10 Mar 2021 10:19

We’ve negotiated one Brexit cliff edge but have a series of cliff edges coming up so need to keep an eye on those and whether they roll off or are extended, says Caroline Dawson @Clifford_Chance @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 10:19

We have not seen a significant shift in the choice of governing law. We have seen more use of exclusive jurisdiction clauses in ISDA Master Agreements since January, says Garvey @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 10:19

The choice of English law and English courts comes with a large body of precedent - there have been approx. 150 decisions on the ISDA Master Agreement since 2008, which provides legal certainty on contractual terms, says Sarah Garvey @AllenOvery @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 10:19

The FCA temporary relief allowing UK firms trading with EU clients to execute on EU trading venues is due to expire this month, but that doesn't mean it will end - it could be extended as far as Dec 2022, says Caroline Dawson @Clifford_Chance @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:59

The FCA’s temporary transitional relief in relation to the derivatives trading obligation for UK firms dealing with EU clients is not unilateral equivalence, it is very targeted relief from the regime, says Caroline Dawson @Clifford_Chance @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:54

CCP equivalence between UK and EU is not about market access, it is about financial stability and contractual continuity, which has been a strong driver behind this being one of the first equivalence decisions out of the blocks, says Caroline Dawson @Clifford_Chance #isdaALF
ISDA Wed 10 Mar 2021 09:44

Following the end of the Brexit transition period on December 31, what are the biggest challenges at the regulatory level for UK and EU counterparties? Our first panel explores the issue, with Caroline Dawson @Clifford_Chance and Sarah Garvey @AllenOvery
ISDA Wed 10 Mar 2021 09:39

The EU is taking aim against exterritorial sanctions, as this has caused hardship for economic operators in the EU, says Alina Nedea @EU_Commission, speaking at #isdaALF. The EC has issued a communication on resilience to consider ways to address this
ISDA Wed 10 Mar 2021 09:34

Following the end of the Brexit transition period on December 31, what are the biggest challenges at the regulatory level for UK and EU counterparties? Our first panel explores the issue, with Caroline Dawson @Clifford_Chance and Sarah Garvey @AllenOvery
ISDA Wed 10 Mar 2021 09:29

The first keynote address of the Annual Legal Forum will be given by Alina Nedea, head of the sanctions unit in DG FISMA @EU_Commission #isdaALF
ISDA Wed 10 Mar 2021 09:09

These are exciting times for the derivatives industry. As we enter a critical phase of the benchmark reform process, we are moving at pace with the digitization of documentation, which will bring substantial efficiencies and savings, Tew Darras concludes @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

ISDA has also recently added the ISDA Master Agreement and ISDA Clause Library to ISDA Create, enabling firms to efficiently negotiate the provisions of the agreement, says Tew Darras @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

The 2021 ISDA Interest Rate Derivatives Definitions will modernize and future proof this flagship definitional booklet for the challenges that lie ahead, says Tew Darras @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

Rather than having to parse through numerous supplements to determine the contractual terms relevant to a particular trade, users will be able to easily access and compare different versions of the definitions, says Tew Darras @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

It will be one of the last supplements to be added, because ISDA will soon launch the 2021 ISDA Interest Rate Derivatives Definitions, which will be published in purely electronic form via a web-based user interface @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

The IBOR Fallbacks Protocol was the 70th supplement to be added to the 2006 ISDA Definitions, reflecting the many developments that have taken place in derivatives markets since 2006, says Tew Darras @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:09

There is still plenty of work to do to transition to alternative reference rates, but the fallbacks represent a major step forward in mitigating the systemic risk associated with an IBOR cessation event, says Tew Darras @ISDAConferences #isdaALF
ISDA Wed 10 Mar 2021 09:04