ISDA Letter to FSB OSSG on Pre-Cessation Issues

ISDA has submitted a letter to the Financial Stability Board’s Official Sector Steering Group (FSB OSSG) on pre-cessation triggers for derivatives fallbacks. The communication is in response to a letter sent by the FSB OSSG to ISDA in November 2019.

The full version of the letter can be viewed by clicking on the attached PDF.

Documents (1) for ISDA Letter to FSB OSSG on Pre-Cessation Issues

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...

Appropriate Capital Rules Critical for Markets

“Setting capital requirements for globally active banks is a fine balanc­ing act. As regulators learned during the global financial crisis, insuffi­cient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...