Derivatives Usage and the Buy Side: Asia-Pacific Perspectives

This paper discusses the uses and benefits of derivatives for buy-side firms – a category that includes investment managers, pension funds, insurers, hedge funds and non-dealer banks – and discusses some of the regulatory barriers and other constraints these firms face in using derivatives in the rapidly growing economies of Asia Pacific, noting the adverse consequences of these restrictions on the region’s capital markets and economic development.

Click on the attached PDF to read the paper. A Japanese version is also available.

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...