This group will be responsible for regulation/documentation and protocol modules and education to the ISDA Jurisdictional Modular Resolution Stay Protocol – this group contains a broad range member firms.

To develop an industry position for the IOSCO meeting on this topic on 13th September and do complementary work to the IOSCO efforts.

The Legal Opinion Contacts Distribution List provides a forum to discuss and exchange ideas relating to the scope of ISDA Legal Opinions as well as other related topics. Involvement in the distribution list is not mandatory and can be used as a means to stay updated on the work related to ISDA Legal Opinions.

Discussion with ISDA and other trades on CCPs’ provision of required data for capital calculation, especially for default fund contributions.

The Japan Trust Bank’s Fund Account Sub-Working Group discusses regulatory issues including LEI relating to the transactions conducted with Japanese trust banks’ fund account, involving global dealers and investment managers. Please be advised that this working group is conducted in Japanese.

Group looking at rescaling/rebasing events and material changes to indices and their impact on inflation swaps.

The goals of Collateral Committee are to enhance the use of collateralization as a credit risk protection tool, to resolve unique problems in collateral management that may occur only in Japanese derivatives business, and to establish guidelines for collateral management in Japan.

The Operations Distribution List deals with a wide range of middle and back-office related issues and initiatives including implementation of FpML (Financial products Markup Language), promotion of STP (straight through processing) and automation of various trade processes such as generation and matching of trade confirmations, and pre-settlement matching of cash flows.

The Japan OTC Derivatives Regulations Working Group discusses legal, regulatory and practical issues including central counterparties that became mandatory under the FIEA. The working group’s aim is to promote the development of OTC derivatives market in Japan through successful implementation of CCPs. Please be advised that this working group is conducted in Japanese.

This distribution list is a spin-off from the existing WG whose role is to address industry compliance and implementation issues related to transaction reporting under Japanese regulatory requirements to focus on implementation readiness, which consists solely of member firms from financial institutions.