Publication of the Equity Definitions VE

ISDA has published version 1.0 of the ISDA Equity Derivatives Definitions (Versionable Edition) (the “Equity Definitions VE”) on the MyLibrary platform.

This publication, apart from the ability for the booklet to be updated in the future, is substantively the same as the 2002 ISDA Equity Derivatives Definitions (the “2002 Equity Definitions”), as published by ISDA in 2002.

This publication is part of the initiative to allow additions and improvements to be made to the 2002 Equity Definitions. More information on such initiative can be found here.

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...

Appropriate Capital Rules Critical for Markets

“Setting capital requirements for globally active banks is a fine balanc­ing act. As regulators learned during the global financial crisis, insuffi­cient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...