The International Swaps and Derivatives Association (ISDA) – committed to promoting development of sound risk management practices on international financial
markets closely relying on adequate legal and regulatory treatment of over-the-counter (OTC) derivatives transactions – is dedicated to offer all possible assistance to
Romanian market participants with regard to improving the current legal framework for derivatives in Romania. This initiative is in line with ISDA’s mission to facilitate
statutory support for OTC derivatives, the legal enforceability of standard market documentation such as the ISDA Master Agreement and Credit Support Documents, and thereby foster greater harmonization of international and European standards in order to cope with difficult market conditions.