Future frameworks

Isda update

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Study the past if you would define the future. These words of the Chinese philosopher and reformer Confucius have particular redolence for us at the International Swaps and Derivatives Association (Isda), and nowhere more so than in the Asia-Pacific region. In celebrating 20 years of Isda last year, we received a timely reminder of the many lessons we can draw from the past to help define the future of the region.

Reviewing the industry's history this past year, I came to appreciate j

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