ISDA News

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that LCDS dealers voted to hold an auction for European loan-only CDS transactions referencing certain facilities entered into pursuant to a Senior Facilities Agreement entered into by the credit known as Yell Limited on 27th April 2006 (and as amended from time to time thereafter).

European loan only CDS (LCDS) transactions refer to Reference Obligations rather than Reference Entities, as is the case in regular CDS and North American LCDS.

The International Swaps and Derivatives Association, Inc. (ISDA) welcomes last Friday’s European Parliament vote on how to regulate financial markets in Europe from derivatives to government bonds*.

ISDA believes that many of the changes put forward by the Parliament support the ambitions behind the review of the existing ‘MiFID’ framework: a safer, sounder, more transparent and more responsible financial system, working for the economy and society; and more integrated, efficient and competitive EU financial markets.

The International Swaps and Derivatives Association, Inc. (ISDA) announced today its support for the Clearing Connectivity Standard (CCS), an industry standard that helps improve over-the-counter (OTC) derivatives reporting and communication for asset managers, futures commission merchants (FCMs), central counterparties (CCPs) and custodians.

The Futures Industry Association (FIA) and the International Swaps and Derivatives Association, Inc. (ISDA) today announced the publication of the FIA-ISDA Cleared Derivatives Addendum, a template that can be used by U.S.

The International Swaps and Derivatives Association, Inc. (ISDA) and Markit announced today that they are now onboarding buy-side market participants to ISDA Amend, their joint technology-based solution that facilitates compliance with certain Dodd-Frank regulatory requirements.

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of the ISDA 2012 FATCA Protocol.

The Protocol offers market participants an efficient way to amend the ISDA Master Agreement tax provisions to address the effects of the Foreign Account Tax Compliance Act (FATCA), which may impose a withholding tax on payments under derivatives transactions.

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of the August 2012 Dodd-Frank Protocol.

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the publication of the Recommendation for FpML version 5.3. This version puts in place a robust technical framework for global regulatory reporting requirements. The focus in this version is the coverage of the Commodity Futures Trading Commission (CFTC) reporting requirements to swap data repositories and for real time reporting purposes.

The International Swaps and Derivatives Association, Inc. (ISDA) announced today that it has chosen Markit to partner with the Association to develop a technology-based solution that enables counterparties to amend their over-the-counter (OTC) derivatives documentation for the purpose of facilitating compliance with Dodd-Frank regulatory requirements.  ISDA and Markit expect that the solution will also be enhanced to facilitate compliance with regulatory requirements in other jurisdictions as they are finalized.

The International Swaps and Derivatives Association, Inc. (ISDA) published today its analysis of the over-the-counter (OTC) derivatives market based on year-end 2011 statistics.