Video Interview: What’s Next for Derivatives Markets?

The coronavirus pandemic has had a far-ranging impact on the global economy and the financial system. Derivatives markets shifted gear when the crisis escalated during March and April, as banks focused critical resources on business continuity and the management of market volatility.

Now that regulatory relief has given firms the bandwidth they needed, ISDA’s CEO Scott O’Malia considers what happens next, and where the focus should be for the remainder of the year.

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...