Joint ISDA/GFMA Response to the LEI ROC regarding international branch LEIs

ISDA and the GFMA joint letter to the LEI ROC and the GLEIF regarding the LEI ROC policy document “Including data on international/foreign branches in the Global LEI System” (11 July 2016).
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The letter emphasizes the importance of the consistent global application of branch LEI standards by regulators and market participants across jurisdictions with respect to derivatives trade reporting. </p>

Documents (1) for Joint ISDA/GFMA Response to the LEI ROC regarding international branch LEIs

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...