International Swaps and Derivatives Association (Isda)
Isda welcomes outcome of SG appeal
The International Swaps and Derivatives Association has publicly welcomed a decision by the US Second Circuit Court of Appeals, overturning a ruling that forced Société Générale to pay out on a contentious credit default swap (CDS) contract.
Isda releases US emissions annex to master agreement
The International Swaps and Derivatives Association has published a US emissions allowance transaction annex to its master agreement, with an accompanying confirmation template.
Isda praises letter to Geithner on equity derivatives
The International Swaps and Derivatives Assocation (Isda) has said it “applauds and supports” a letter from 17 investment banks to Timothy Geithner, president of the Federal Reserve Bank of New York, which commits them to improving the efficiency of the…
Isda takes first steps to settle Dura CDS
The International Swaps and Derivatives Association has released a protocol for settling credit derivatives on Dura, the US auto parts producer that filed for bankruptcy on October 30.
Isda and BMA respond to GASB views on derivatives
The International Swaps and Derivatives Association and the Bond Market Association (TBMA) have responded to the US’s Government Accounting Standards Board's (GASB) views on accounting and disclosure of derivatives and hedging activities by governmental…
Trade associations slam UK regulator's proposals for benchmarking
The UK Financial Services Authority’s (FSA) proposals for using benchmarking for over-the-counter derivatives and structured products have been roundly criticised by the International Capital Market Association (ICMA), the International Swaps and…
Isda complains about FSA treatment of CFDs
The International Swaps and Derivatives Association has complained that proposed UK rules regarding disclosure requirements for contracts for difference (CFD) transactions will hamper the growth of the market.
FpML messaging to be allowed on Swift
The International Swaps and Derivatives Association is to collaborate with the Swift interbank network to allow messaging in the FpML derivatives markup language.
New CDS documentation from Isda
The International Swaps and Derivatives Association has released standard documentation for three classes of credit default swap (CDS).
Dealers to launch standardised loan CDS documentation
A group consisting of 15 major dealers has announced that a standardised confirmation and settlement rider for the North American loan credit default swap (CDS) market will be finalised imminently.
Isda survey finds credit derivatives backlogs improving
International banks have been making progress in speeding up the processing of credit derivatives trades, according to a survey by the International Swaps and Derivatives Association.
Trade bodies slam FSA 'achingly difficult' guidelines to Basel II
Leading industry associations have called for the UK's Financial Services Authority (FSA) to make its handbook on the European Capital Requirements Directive (CRD) easier to understand.
Trade bodies slam FSA 'achingly difficult' guidelines to Basel II
Leading industry associations have called for the UK's Financial Services Authority (FSA) to make its handbook on the European Capital Requirements Directive (CRD) easier to understand.
Moulds appointed president of EMEAA at BoA
Jonathan Moulds is to take over from William Fall as president of Europe, Middle East, Africa and Asia (EMEAA) at Bank of America in London following Fall’s announcement of retirement after 11 years at the bank. The appointment will be effective…
Dealers move to tackle equity derivatives operational issues
Equity derivatives dealers are holding discussions on how to deal with operational issues facing their market, with 17 leading banks meeting at the London offices of UBS yesterday to discuss the matter. This was the first meeting of the Equity…
Isda issues follow-up to Novation Protocol
The Novation Protocol II differs from the original in being open-ended
Isda proposes net physical settlement
The International Swaps and Derivatives Association has released a draft of the net physical settlement supplement to the 2003 credit derivatives definitions, which aims to simplify the settlement of credit default swaps (CDSs) after a credit event.
Isda AGM Singapore: MAS warns about back-office frailties
Banks must continue to improve their infrastructure for the settlement of derivatives trades to keep pace with developments in the front office, said speakers at the International Swaps and Derivatives Association’s annual general meeting in Singapore…
Isda AGM Singapore: Dana CDS index protocol published
The International Swaps and Derivatives Association has published a protocol solution to facilitate the settlement of credit derivatives trades involving Dana Corporation, which filed for bankruptcy on March 3, 2006.
Isda AGM Singapore: Two new Isda board directors elected
The International Swaps and Directive Association (Isda) elected 10 directors, including two newly elected to the role, at its annual general meeting in Singapore today.
Isda AGM Singapore: Isda working on sharia-compliant documentation
The International Swaps and Derivatives Association is working to develop formal documentation for sharia-compliant derivatives transactions, chief executive Robert Pickel told RiskNews at an interview at the association’s annual general meeting in…
Isda AGM Singapore: Isda launches FpML services
The International Swaps and Derivatives Association will launch financial products markup language (FpML) services to support the use of the business information exchange protocol used to facilitate electronic dealing and processing of privately…
Isda AGM Singapore: Asia to stay high on Isda’s agenda
Asia will continue to stay high on the agenda of the International Swaps and Derivatives Association, both in terms of the development of local financial markets and as a location for future meetings, officials said at the trade association's annual…
Isda AGM Singapore: Zerzan to head public policy at Isda
Gregory Zerzan, a former US Treasury employee, has joined the International Swaps and Derivatives Association as counsel and head of global public policy.