Day two of ISDA’ s virtual Annual General Meeting on May 11 featured sessions on implementation of the phase-five margin requirements, developing China’s derivatives market, benchmark reform in Japan and environmental, social and governance issues.
Derivatives Vital for Green Transition, says Litvack
Financial markets will help countries achieve net-zero carbon emissions targets by channeling trillions of dollars in investment to new sustainability initiatives and infrastructure, and derivatives will enable firms to manage the risks associated with this shift, says Eric Litvack, ISDA’s chairman.
China’s Draft Futures Law Heralds Netting Breakthrough
The draft Futures Law published by the Standing Committee of the National People’s Congress of China on April 29 could be a seminal milestone for China’s derivatives markets if it leads to the explicit recognition of close-out netting, according to senior regulators and market participants.
EC’s McGuinness Confident of Strong Relationship With UK
One of Europe’s most senior and influential financial services policy-makers has expressed optimism that the EU and UK will be able to build a stable and balanced relationship on financial services, despite the challenges that have arisen since the Brexit transition period ended on December 31, 2020.
TONA Liquidity Set to Rise, Says Panel
Liquidity in TONA, Japan’s risk-free rate, remains limited, but a series of milestones later this year could help to drive up liquidity, according to speakers on the second day of the ISDA Annual General Meeting.
Prepare for Phases Five and Six, Say Speakers
The phase five and six rollouts of the initial margin requirements in September 2021 and 2022 will capture different types of firms compared to earlier phases, which is creating some additional complexity in the compliance process, according to speakers on a panel on the second day of the ISDA Annual General Meeting.
Also In This Issue:
- Hybrid Working the Way Forward, says JP Morgan’s Pinto
- Policy-makers Cautious on Climate Disclosures
- At the AGM Today
Please click on the attached PDF to read the full issue.
Documents (1) for IQ in Brief: AGM Special – Day 2
Latest
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Letter on EU Legislative Reform
On July 1, ISDA and 11 other trade associations published a statement on enhancing the EU legislative and supervisory framework to support market competitiveness. The statement highlights a significant opportunity to strengthen the EU’s regulatory and supervisory framework through the...
Response to CPMI-IOSCO Margin Proposals
On June 29, ISDA submitted a response to a consultation from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) on updated guidance and public quantitative disclosures to implement the 2025 margin proposals....
US Treasury Repo Clearing Indicators May 2026
The ISDA-Actrix US Treasury Repo Market Clearing Indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities...