ISDA SwapsInfo Summary: Cleared #IRD transactions represented 90.2% of total traded notional & 83.9% of trade count in the full year 2020. #SEF-traded IRD represented 59.6% of total traded notional & 63.2% of trade count in the full year 2020 Link
ISDA Tue 26 Jan 2021 15:53

Key highlights from the ISDA SwapsInfo Full Year 2020 & Q4 2020 Review Summary: Interest rate #derivatives traded notional decreased by 10.2% to $230.6 tn in the full year 2020 from $256.8 tn in 2019. #Trade count grew by 6.3% to 1.6 million from 1.5 million over the same period
ISDA Tue 26 Jan 2021 15:48

The latest ISDA SwapsInfo Full Year 2020 and Q4 2020 Review Summary has been released. Click here to read some key highlights: Link
ISDA Tue 26 Jan 2021 15:43

“Bringing the ISDA MA & Clause Library onto ISDA Create means market participants can, for the 1st time, negotiate the various provisions of this agreement online and electronically consume the resultant legal data automatically,” said ISDA General Counsel, Katherine Tew Darras
ISDA Thu 21 Jan 2021 14:48

Looking at 2021 and beyond, what compliance deadlines and #regulatory dates for the over-the-counter (OTC) #derivatives space should you be focused on? Take a look at ISDA's updated global calendar: Link https://t.co/KL5LuCCtms
ISDA Fri 08 Jan 2021 17:06

While #CCPs remained resilient during the #COVID19 crisis, the paper makes several recommendations to mitigate the procyclicality of initial #margin and further bolster transparency. Read the recommendations here: Link
ISDA Wed 06 Jan 2021 15:19

ISDA has published a new paper that explores how #CCP #risk management frameworks responded to the March/April 2020 #COVID19 crisis. Review ISDA's findings here: Link
ISDA Wed 06 Jan 2021 15:09

The protocol can be used by those firms that determine certain changes are needed to their docs to comply with the UK version of EMIR after the end of the Brexit transition period
ISDA Mon 21 Dec 2020 10:59

ISDA has published 2 new documents related to the UK’s withdrawal from the EU and the end of the Brexit transition period – the ISDA 2020 UK EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol and a UK Annex to the Master Regulatory Disclosure Letter
ISDA Mon 21 Dec 2020 10:59

Phases 5 & 6 of the initial margin rules for non-cleared swaps will bring large numbers of buy-side firms into scope. These are very different entities to the banks caught in earlier phases, and so some modification of the rules may be needed, says Darcy Bradbury on The Swap
ISDA Tue 15 Dec 2020 16:54

“There is still a massive lift ahead of us,” says Eric Litvack, talking about #LIBOR transition on The Swap. But clarification of the regulatory timetable and publication of the ISDA fallbacks mean “the elements of the roadmap are now clearly in front of us”.
ISDA Tue 15 Dec 2020 16:54

The paper highlights some of the key differences between #equity and #derivatives markets and explains how and where the equitisation of derivatives markets would lead to negative consequences for users of derivatives
ISDA Tue 15 Dec 2020 11:13

Accessibility and readability of market data and the uneven playing field between #MTFs and #SIs have been highlighted as concerns by policy-makers. A potential solution being alignment of the #bond and #derivatives markets to the #equity pre- and post-trade #transparency regimes
ISDA Tue 15 Dec 2020 11:13

Given the EU and UK versions of MIFID II/MIFIR are virtually identical, we can’t see any technical or legal reason why trading venue equivalence isn’t possible, so we would urge regulators to take action, writes @ScottOMalia
ISDA Fri 11 Dec 2020 10:45

Without action, EU and UK firms will no longer be able to trade certain liquid #derivatives with each other unless they shift their business onto US SEFs, a change that will result in higher costs and complexity for end users in both the EU and UK, writes ISDA CEO @ScottOMalia
ISDA Fri 11 Dec 2020 10:45

The licensing of the SA Benchmarking unit tests will help promote consistent implementation of the standardized approach for calculating #capital requirements
ISDA Wed 09 Dec 2020 10:38

Holding off to review the DTO is not advised, said Ophèle: “The harm will have been done and – not to mention the time taken to react and reassess the criteria – the situation will be worse still”. Read IQ in Brief here: Link
ISDA Tue 08 Dec 2020 14:57

Robert Ophèle, chairman @AMF_actu urged European authorities to rapidly adjust the derivatives trading obligation. “There is a huge probability that European firms’ ability to tap deep liquidity pools for derivatives pricing will be impaired,” said Ophèle
ISDA Tue 08 Dec 2020 14:57

Key topics covered were trading venue equivalence, BMR third-country benchmarks regime and the EU’s temporary equivalence for UK CCPs, with keynote speakers from @EU_Commission @ESMAComms and @AMF_actu
ISDA Tue 08 Dec 2020 14:57

Missed ISDA’s European public policy virtual conference last week? Catch up on what was said with ISDA’s new IQ in Brief publication, bringing you highlights of the keynotes and panel discussions Link
ISDA Tue 08 Dec 2020 14:57

“The announcements together lay out a path forward in which banks should stop writing new US dollar #LIBOR contracts by the end of 2021, while most legacy contracts will be able to mature before LIBOR stops,” says David Bowman @federalreserve
ISDA Fri 04 Dec 2020 16:13

“The consultation will cover all 5 currencies and will close by end-Jan. This should make it possible to determine and make announcements on the future path for all 5 currencies simultaneously, even if the proposed cessation date is different,” says Edwin Schooling Latter @TheFCA
ISDA Fri 04 Dec 2020 16:08

That’s it for today, thank you to all of our speakers and attendees at the European Public Policy virtual conference. Check out our upcoming virtual conferences on our website @ISDAConferences
ISDA Wed 02 Dec 2020 16:46

The UK FCA has made clear on several occasions that it will consider reviewing onshored regulation where appropriate. The UK will become even more flexible with an ability to be agile in strengthening UK competitiveness, says Robert Ophèle @AMF_actu
ISDA Wed 02 Dec 2020 16:46

I still hope the DTO will be rapidly adjusted with regards to scope of application and territorial approach, says Robert Ophèle @AMF_actu @ISDAConferences
ISDA Wed 02 Dec 2020 16:41