Industry group which works collaboratively to mutualize representation of amended CFTC and EMIR transaction reporting requirements in Digital Regulatory Reporting (DRR) – a digitized, single standard set of open-source machine-executable code using the Common Domain Model (CDM).

The Asia-Pacific Energy, Commodities and Developing Products group meets quarterly to discuss issues relating to commodities. Discussions encompass documentation developments, developing products, operations and other topical issues in that space.

The group focuses on facilitating and addressing issues related to the prudent development of the range of commodity derivatives transactions ranging from documentation to market practice.

A global distribution list for lawyers focusing on the development and drafting of provisions for equity derivatives transactions under the ISDA Equity Derivatives Definitions.

The Equity Market Infrastructure Group is responsible for addressing OTC Equity Derivatives specific operations issues. It will take direction and seek guidance from the Market Infrastructure and Technology Oversight Committee (MITOC) and the Equity Steering Committee (ESC) on strategic deliverables while being the forum where tactical and day to day issues are raised, discussed and resolved.

The Equity Steering Committee (ESC) is one of ISDA’s Product Steering Groups comprised of both dealers and buy-side firms with representation from senior business leads at each institution. The ESC is the governing body which meets to discuss issues affecting the business and practice of equity derivatives trading. This group is responsible for providing business leadership on the evolution of the asset class and ensuring appropriate levels of product standardisation are achieved; working with operational groups to coordinate the collective industry infrastructure initiatives to meet regulatory and business requirements and providing asset class expertise for ISDA’s advocacy agenda.

The Credit Steering Committee (CSC) is one of ISDA’s Product Steering Groups comprised of both dealers and buy-side firms with representation from senior business leads at each institution. The CSC is the governing body which meets to discuss issues affecting the business and practice of credit derivatives trading. This group is responsible for providing business leadership on the evolution of the asset class and ensuring appropriate levels of product standardisation are achieved; working with operational groups to coordinate the collective industry infrastructure initiatives to meet regulatory and business requirements and providing asset class expertise for ISDA’s advocacy agenda.

The ISDA Cross-Border Regulatory Working Group will lead responses to several regulatory proposals related to the application of US derivatives laws on cross-border derivatives trading. The SEC proposal is expected to be released in May 2019 and the CFTC proposals are expected to be released by Q4 2019.

Focusing on UMR implementation for Phases 5 and 6, custodians (triparty and third party) will work together to develop tools and educational/outreach initiatives for successful Sept 2020 and Sept 2021 implementation. This group is only open to custodian firms and their employees.

This distribution list is responsible for addressing industry compliance and implementation issues related to trade reporting under Canadian regulatory requirements across provinces. The group has been the driving force for work such as the Multi-lateral non-dealer Canadian reporting agreement, regulatory response letters, and reporting discussions with the OSC, MSC, Quebec, BCSC and ASC.