ISDA Responds to European Commission Consultation on the Certification of Carbon Removals

On May 2, 2022, ISDA submitted a response to the European Commission’s consultation on the development of an EU certification scheme for carbon removals. The response leverages ISDA’s previous submission to the UK’s Climate Change Committee on carbon offsets and highlights ISDA’s support for the creation of an EU carbon removal certification framework. In its response, ISDA notes that the lack of clarity about the legal nature of voluntary carbon credits (VCCs) is one of the main obstacles to creating a robust VCC market, which, in turn, will enable the development of a clear price signal for carbon and allow funds to be efficiently channeled towards emissions-reducing projects.

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Tender Issued for DC Administrator Role

ISDA and the Credit Derivatives Governance Committee have issued an invitation to tender for an independent regulated entity to serve as the administrator for the Credit Derivatives Determinations Committees (DCs), which includes assuming the role of DC secretary. The DC...

ISDA SIMM: The Standard for IM Calculations

The ISDA Standard Initial Margin Model (ISDA SIMM) plays an important role in ensuring margin calculations are consistent, transparent and aligned with global best practices and regulatory requirements. Since its launch in 2016, the model has been rigorously tested, regularly...

ISDA Wins Regulation Asia Award

ISDA has been awarded Outstanding Contribution to Regulatory Reform for the ISDA Digital Regulatory Reporting (ISDA DRR) initiative by Regulation Asia at its eighth annual Awards for Excellence. The ISDA DRR helps market participants comply with regulatory reporting requirements by...