New CSA Exhibit – New York Law

To adhere to the Protocol and for FAQs and other information regarding the Protocol, please go to the ISDA 2016 Variation Margin Protocol page.
For a description of the documents below, please see “How is the Protocol structured? What is the purpose of the different Protocol documents?” on the Protocol FAQs page.

 

New CSA Exhibit – New York law CSA

Revised EMIR Supplemental Exhibit (Dec. 16, 2016)

Australia Rules Supplemental Exhibit (Jan. 20, 2017)

Non-netting Supplemental Exhibit (Jan. 20, 2017)

Segregation Amendments Supplemental Exhibit (Jan. 26, 2017)

Swiss (FMIA) rules Supplemental Rules Supplemental Exhibit (May 9, 2017)

ISDA Publishes Updated ISDA SIMM Governance

ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...

ISDA Response to PRA IMA Consultation

On September 18, ISDA, the Association for Financial Markets in Europe, the Institute of International Finance and UK Finance submitted a joint response to the UK Prudential Regulation Authority consultation on adjustments to the internal model approach (IMA) for the...

Calibration Test – IQ September 2026

Calibrating capital requirements is a highly complex undertaking and getting it wrong can have serious consequences. Too much lenience might lead to banks holding insufficient capital to mitigate their risks. But excess conservatism can put balance sheets under strain, forcing...