On October 25, ISDA CEO Scott O’Malia wrote to Chris Hayward, policy chairman of the City of London Corporation, in response to its report with Oliver Wyman, Vision for Economic Growth, a roadmap to prosperity. The report captures the critical outcomes required to ensure the UK’s position as a leading global finance center. The letter proposes how the City of London Corporation, in partnership with UK authorities, can leverage ISDA’s work on digitization in the derivatives industry and the expansion of the voluntary carbon market.
Documents (1) for ISDA Letter on Vision for UK as a Global Finance Center
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On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...
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This Frequently Asked Questions (“FAQ”) document gives information about the new selection process for Standard Reference Obligations (SROs). Note that ISDA may update these FAQs on occasion. Please check back periodically for new versions.
Refreshing the FX Definitions
A lot has changed in the FX derivatives market since 1998, when the last set of standard definitions for FX transactions were published. Trading volumes have grown substantially, and average daily turnover has risen by six times. Market practices have...
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