Member firms interested in acquiring ISDA’s OL Plus should contact Breda Walsh at customercare@isda.org or (212) 901-6018.

NEWS RELEASE
For Immediate Release

ISDA Launches OL Plus

NEW YORK, November 8, 2012 – The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of its Online Library’s new functionality, OL Plus.

Along with the standardized general and product specific risk disclosures that ISDA has been developing, ISDA’s OL Plus assists swap dealers’ compliance with certain US Commodity Futures Trading Commission’s (CFTC) External Business Conduct Rules disclosure and fair dealing in communications requirements.

OL Plus enables swap dealers efficient and effective access to ISDA Definitional Booklets and other ISDA documentation that they may wish to provide to clients. Subscribers to OL Plus will be able to download ISDA publications and make available to clients either directly by email or by posting on swap dealer client portal.

“The January 1 compliance deadline for CFTC External Business Conduct Rules is approaching,” said Katherine Darras, ISDA General Counsel, Americas. “ISDA OL Plus is the quickest, easiest and most cost-effective way for swap dealers to obtain and access all relevant documents published by the Association and provide them to their clients.”

OL Plus is available exclusively to ISDA members who are current subscribers to the Online Library of Interactive ISDA Documentation. The Online Library of Interactive ISDA Documentation contains all key documents published by the Association, including Master Agreements, User’s Guides, Credit Support Documentation and ISDA Definitions.

Member firms interested in acquiring ISDA’s OL Plus should contact Breda Walsh by email at customercare@isda.org or by telephone at (212) 901-6018.

For Media Enquiries, Please Contact:             

Lauren Dobbs, ISDA New York, +1 212 901 6019, ldobbs@isda.org

Rebecca O’Neill, ISDA London, +44 203 088 3586, roneill@isda.org

Donna Chan, ISDA Hong Kong, +852 2200 5906, dchan@isda.org

About ISDA

Since 1985, ISDA has worked to make the global over-the-counter (OTC) derivatives markets safer and more efficient. Today, ISDA is one of the world’s largest global financial trade associations, with over 840 member institutions from 59 countries on six continents. These members include a broad range of OTC derivatives market participants: global, international and regional banks, asset managers, energy and commodities firms, government and supranational entities, insurers and diversified financial institutions, corporations, law firms, exchanges, clearinghouses and other service providers. Information about ISDA and its activities is available on the Association’s web site: www.isda.org.

ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc.