Developing and executing ISDA’s green and sustainable finance policy work in the EU.

The ISDA Swap Connect Documentation Group provides a forum for industry participants to review the ISDA/FIA Client Cleared OTC Derivatives Addendum in light of the recently published proposed amendments to the Clearing Rules and Procedures of OTC Clear in relation to Northbound Swap Connect as well as related risk disclosure issues.

The North American Tax Working Group monitors and addresses emerging issues in taxation.

The Organized Trade Execution Regulatory Implementation Committee (“OTE RIC”), covers all issues associated with the execution of derivatives on U.S. SEF trading platforms. In order to develop comprehensive solutions with the widest possible industry buy-in, the Committee brings together the sell-side, buy-side and those who operate trading platforms. It will consider a broad set of issues, including trading functionality, market structure and issues of access. The Committee is global in its coverage.

Exclusive to legal entities subject to UMR Phase 6 requirements, this group will serve as a resource for firms who are implementing documentation, risk management, and operational procedures to be compliant with UMR.

The ISDA Portfolio Reconciliation and Reporting Suggested Operational Practice Working Group will draft and publish regulatory portfolio reconciliation and reporting guidance.

The Rates Market Infrastructure Group is responsible for the implementation and delivery of the OTC Interest Rates operations agenda.

Industry working group which oversees the development and maintenance of ISDA’s data standards, and facilitates industry implementation of global identifiers such as trade, product, and counterparty identifiers and related reporting workflows. The group drives the development, documentation, and advocacy of industry data standards for reporting, as well as responses to consultative papers on data standards for trade reporting.

Working Group to actively discuss and understand, across geographic regions an product types, the potential impact of sanctions on the operation of certain provisions of form ISDA contracts, and consider enhancements to contractual language, as well as to liaise with various regulators, as warranted, to further clarify the treatment of derivative transactions with respect to sanctions and related issues including BSA and AML compliance.

This working group will focus on producing new documentation to document securities financing transactions (SFTs) under the ISDA Master Agreement.