Joint Trades Response to BCBS Consultation on Leverage Ratio Treatment of Client Cleared Derivatives

On January 16, ISDA, the Global Financial Markets Association (GFMA) and the Institute of International Finance (IIF) submitted the industry response to the Basel Committee on Banking Supervision’s consultation on treatment of client cleared derivatives in the leverage ratio framework. The Industry is fully supportive of the changes proposed by the Basel Committee, with a strong preference for option 3 in the consultative document that would considerably improve the leverage ratio framework in terms of simplicity, appropriateness and risk sensitivity.

Documents (1) for Joint Trades Response to BCBS Consultation on Leverage Ratio Treatment of Client Cleared Derivatives

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...