ISDA and SIFMA Submit Addendum on GIRR Curvature to US Basel III NPR

On July 15, ISDA and the Securities Industry and Financial Markets Association (SIFMA) submitted an addendum to the joint US Basel III “endgame” notice of proposed rulemaking (NPR). The addendum contains a proposal for general interest rate risk (GIRR) curvature to fix an issue that was recently identified.

Documents (1) for ISDA and SIFMA Submit Addendum on GIRR Curvature to US Basel III NPR

Response to Eurosystem Consultation on Appia

On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability...