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)
Documents (6) for New CSA Exhibit – New York Law
- 3ny-new-new-csa-exhibit(pdf) will open in a new tab or window
- 3ny-law-revised-emir-supplement-for-new-csa-exhibit(pdf) will open in a new tab or window
- 3aus-supplement-ny-law-new-csa(pdf) will open in a new tab or window
- 3non-netting-ny-law-new-csa(pdf) will open in a new tab or window
- 3seg-amends-ny-law-new-csa(pdf) will open in a new tab or window
- 3fmia-supplement-for-ny-new(pdf) will open in a new tab or window
Latest
Response to CPMI-IOSCO Margin Proposals
On June 29, ISDA submitted a response to a consultation from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) on updated guidance and public quantitative disclosures to implement the 2025 margin proposals....
US Treasury Repo Clearing Indicators May 2026
The ISDA-Actrix US Treasury Repo Market Clearing Indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities...
ISDA, FIA, GFMA, CMC, CMCE Respond to IOSCO on Best Practices for OTC Commodity Derivatives
ISDA, FIA, the Global Financial Markets Association (GFMA), the Commodity Markets Council (CMC) and the Commodity Markets Council Europe (CMCE), have responded to the International Organization of Securities Commissions' (IOSCO) consultation report on best practices for over-the-counter (OTC) commodity derivatives...
Joint Response to 2026 US G-SIB Surcharge Proposal
On June 18, ISDA, the Securities Industry and Financial Markets Association and the Institute of International Finance submitted a joint response to US agencies on proposed changes to the surcharge for global systemically important banks (G-SIBs). The associations welcome the...