To adhere to the Protocol and for FAQs and other information regarding the Protocol, please go to the ISDA 2016 Variation Margin Protocol page.
For a description of the documents below, please see “How is the Protocol structured? What is the purpose of the different Protocol documents?” on the Protocol FAQs page.
Japanese Notification Time Amendments Supplemental Rules Exhibit (Jan. 13, 2017)
Australia Rules Supplemental Rules Exhibit (Jan. 20, 2017)
Non-netting Supplemental Rules Exhibit (Jan. 20, 2017)
Segregation Amendments Supplemental Rules Exhibit (Jan. 26, 2017)
Swiss (FMIA) rules Supplemental Rules Exhibits (May 9, 2017)
Documents (7) for Variation Margin Protocol Supplemental Rules Exhibits
- 1isda-vm-protocol-agreement(pdf) will open in a new tab or window
- 1revised-emir-supplemental-rules-exhibit(pdf) will open in a new tab or window
- 1jp-notification-time-supplement-supplemental-rules-exhibit(pdf) will open in a new tab or window
- 1aus-supplement-supplemental-rules-exhibit(pdf) will open in a new tab or window
- 1non-netting-supplemental-rules-exhibit(pdf) will open in a new tab or window
- 1seg-amends-supplemental-rules-exhibit(pdf) will open in a new tab or window
- 1fmia-supplemental-rules-exhibit(pdf) will open in a new tab or window
Latest
IQ Interview with Mark Uyeda
Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...
Response to FCA on CFI Codes for Transparency
On March 19, ISDA responded to Chapter 3 of the UK Financial Conduct Authority’s (FCA) Quarterly Consultation CP26/8 on transparency requirements for financial instruments under Market Conduct Sourcebook (MAR) 11. Sections 3.11-3.13 of the consultation paper explain a discrepancy between...
Why We Need Safe and Efficient SFT Markets
Securities financing transactions (SFTs) play a vital role in fostering liquidity, mobilizing collateral and supporting the smooth functioning of derivatives markets. But during periods of stress, secured funding markets often come under pressure just when they’re needed most, with reduced...
Response to BoE on Clearing Exemption for PTRR
On March 11, ISDA submitted a response to the Bank of England’s consultation on a proposed approach to exempting post-trade risk reduction (PTRR) transactions from the derivatives clearing obligation under Article 4 of the European Market Infrastructure Regulation (EMIR). ISDA...