ISDA’s Regional Events in October covered a variety of key issues for derivatives markets, including LIBOR transition, sustainable finance, clearing equivalence and the digitisation of derivatives markets.
O’Malia: ISDA Committed to Supporting Green Transition
Financial markets have a critical role to play in mobilising the estimated $110 trillion in capital that is needed to transition to a green economy and ISDA is committed to promoting legal certainty, standards and best practices to support the transition, ISDA chief executive Scott O’Malia has said.
Litvack: Capital Treatment of Carbon Credits Critical
Carbon trading markets will likely play an important role in helping countries meet their emissions-reduction targets, but appropriate capital treatment of carbon credits is essential to ensure this market can function efficiently, according to Eric Litvack, chairman of ISDA.
Act Now on US Dollar LIBOR, says New York Fed’s Wuerffel
Firms should act now to reduce their use of US dollar LIBOR, ahead of a year-end supervisory deadline to halt new US dollar LIBOR trades, says Nate Wuerffel, senior vice president in the markets group at the Federal Reserve Bank of New York.
Effective Regulation Critical for UK Finance, says HM Treasury
The UK government is seeking to set openness, innovation, sustainability and competitiveness at the core of its financial services sector as it reviews the regulatory framework following Brexit, according to Richard Knox, co-director of the financial services group at HM Treasury.
Also In This Issue:
- Work Together with Urgency on LIBOR Transition
- European Commission Considering Industry Feedback on Euro Clearing Relocation
- Digitisation Addresses Patchwork Documentation
- Thanks to Our Sponsors
Please click on the PDF below to read the full issue.
Documents (1) for IQ in Brief: Regional Events Special
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Marking a Milestone - IQ January 2025
It was a different time and a very different market, but 1985 remains a seminal year in the history of over-the-counter (OTC) derivatives – the year that ISDA was established and the very first industry standard document was published. While...
Response to FCA on SI Regime
On January 10, ISDA and the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association (GFMA) responded to questions from the UK Financial Conduct Authority (FCA) on the future of the systematic internalizer (SI) regime. In the response,...
Response to CSA on Clearing Obligation
On December 19, ISDA submitted a response to the Canadian Securities Administrators (CSA) consultation on proposed amendments to the clearing obligation in Canada. The CSA invited comments on the proposed amendments and on the specific question set out in Annex B...
Derivatives Regulations and Usage in Japan
Japan’s regulatory landscape has generally been supportive of derivatives use by various segments of the buy side. While there are some guidelines on the purposes for which derivatives can be used by certain entities, which are not unique to Japan,...