Isda Hires New General Counsel And Attacks FASB Accounting Proposals

THE International Swaps and Derivatives Association (Isda) is gearing up efforts to apply its legal and compliance expertise to risk management issues. In particular, Isda has hired Elizabeth Tibbals to the newly created position of general counsel.

Separately, Isda has opened a London office and issued a statement criticising draft derivatives accounting guidelines issued by the US's Financial Accounting Standards Board (FASB).

Isda is an industry association for dealers and end-users of swaps

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