The third day of the ISDA Annual General Meeting on May 12 featured panels on the new normal for derivatives markets, the development of local rules to implement Basel III, the digitization of derivatives documentation and alignment between derivatives and securities financing transaction markets.
Reforms to MMFs Necessary, Says Bailey
The ‘dash for cash’ in March 2020 exposed serious vulnerabilities in money market funds that threaten financial stability, and reforms are necessary to improve their resilience, says Andrew Bailey, governor of the Bank of England.
EU Credibility at Stake on Basel III, Says EBA Chair
The EU must implement Basel III in full and without materially deviating from Basel standards or it will undermine the global framework and weaken the effectiveness of the Basel process, European Banking Authority chairperson José Manuel Campa has said.
Buffer Framework Under Review, Says EC’s Berger
The capital and liquidity buffer framework is being reviewed in Europe after banks showed reluctance to draw down their reserves during the coronavirus crisis, a senior European regulator has confirmed.
Resilience of Markets Critical to Pandemic Response, says O’Malia
Regulatory reforms implemented after the last crisis played a critical role in ensuring the resilience of financial markets during the pandemic, and enabled banks to play a key part in helping the various central bank measures flow through to the real economy, according to Scott O’Malia, ISDA’s chief executive.
Derivatives Markets on Path to ‘New Normal’
The derivatives market has begun the journey towards a ‘new normal’ and will be ready to respond to forthcoming challenges, having proved its resilience during the coronavirus pandemic, according to a group of senior regulators speaking on a panel during the final day of the ISDA Annual General Meeting.
Also in this Issue:
- Digitization Must Begin With Common Standards
- Consistent Deviation from Basel III Could be Best Option
- Opportunities for SFT Alignment Exist
- Thanks to our Sponsors
Please click on the attached PDF to read the full issue.
Documents (1) for IQ in Brief: AGM Special – Day 3
Latest
Response to JSCC on Clearing Fund Consolidation
On August 12, ISDA responded to the Japan Securities Clearing Corporation’s (JSCC) consultation on its proposal to consolidate clearing fund consumption, calculation and deposit segmentation across six clearing qualifications under the Financial Instruments and Exchange Act. ISDA members broadly support...
Response on CSDD Guidelines
On August 6, ISDA responded to the European Commission’s (EC) consultation on due diligence guidelines under the Corporate Sustainability Due Diligence Directive (CSDDD). While ISDA acknowledges that model contractual clauses can be a helpful resource for in-scope companies, there are...
Response to BoE on Extension of Settlement Hours
On August 6, ISDA responded to the Bank of England’s (BoE) consultation paper on the extension of settlement hours for RTGS and CHAPS, the UK’s high-value payment system. ISDA supports the BoE’s plan to extend RTGS and CHAPS settlement hours...
SwapsInfo H1 2026 & Q2 2026 Review
Trading activity in interest rate derivatives (IRD) and credit derivatives increased in the first half of 2026 compared with the same period in 2025. Growth in IRD was driven by overnight index swaps (OIS), while higher index credit derivatives activity...