International Swaps and Derivatives Association (Isda)
Isda AGM: BOJ reiterates intention to purchase corporate ABS
The Bank of Japan (BOJ) today reiterated its intention to buy asset-backed securities from small and medium sized companies in an unprecedented move to remedy the ills of the Japanese financial system.
Associations send repo VAR protest to Basel Committee
US and UK industry associations have sent a joint letter to the Basel Committee on Banking Supervision expressing their "disappointment" that the multipliers for portfolio value-at-risk modelling of repo counterparty exposure will not be altered in the…
Isda survey finds credit derivatives market soaring
The credit derivatives market grew 37%, with total notional outstandings reaching $2.15 trillion, in the first six months of last year, according to the latest market survey from the International Swaps and Derivatives Association.
Institute for Financial Markets names Hinko as president
The Institute for Financial Markets (IFM), a non-profit education foundation set up in 1989 as the Futures Industry Institute, has appointed Susan Hinko, former director of industry relations at online derivatives trading platform Icor Brokerage, as…
Isda muddies debt waters
The International Swaps and Derivatives Association (Isda) has finally released its 2003 credit derivatives definitions, which take effect on March 17.
Isda and Liba protest against CAD3 divergences from Basel II
The International Swaps and Derivatives Association (Isda) and the London Investment Banking Association (Liba) have released their joint response to the European Union's third capital adequacy directive (CAD3). The response was delivered at non-public…
Isda pushed for electronic documentation of complex swaps
The International Swaps and Derivatives Association today released its recommendations for financial products markup language (FpML) version 2.0 for rates products.
Basel Committee Releases New Operational Risk Sound Practices Paper
The Risk Management Group of the Basel Committee on Banking Supervision today released the final 'Sound Practices for the Management and Supervision of Operational Risk'.
Basel Committee releases new op risk sound practices paper
The risk management group of the Basel Committee on Banking Supervision today released a final paper outlining a framework for the effective management and supervision of operational risk.
Isda publishes new credit derivatives definitions
The International Swaps and Derivatives Association has produced a new set of credit derivatives definitions. Robert Pickel, chief executive of the trade body, said the updated definitions “reflect changes in industry dynamics over the past three years”.
Global banking community poised and ready for QIS 3 op risk results
BASEL, SWITZERLAND – Bankers are eagerly awaiting the results on operational risk from the third Quantitative Impact Study (QIS3).
Isda publishes new master agreement
Industry trade body the International Swaps and Derivatives Association has produced a new ‘master agreement’, a legal contract designed to standardise over-the-counter derivatives deals. It is the first time the document has been revised since 1992
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Trade associations launch IRB survey
The International Swaps and Derivatives Association, the Risk Management Association and the British Bankers' Association today launched a survey of the validation of banks' internal credit ratings, a key element underlying the internal ratings-based …
Rabobank to expand corporate risk management services
Rabobank plans to expand its interest rate and currency consultancy services for corporate clients from January 1 2003, providing online updates of the market value of outstanding corporate treasury transactions.
Isda presses Congress for passage of netting provisions
The International Swaps and Derivatives Association, the trade association for the financial risk management industry, has teamed with other key trade bodies in pressing the United States Congress to secure favourable passage of legislation on financial…
Isda reports 75% increase in collateral use for derivatives trades
Collateral use in over-the-counter derivatives transactions and related margined activities such as repos and structured products increased 75% from $250 billion in 2001 to $437 billion this year, said the International Swaps and Derivatives Association…
Sponsor's article > Credit derivatives: will the market keep expanding?
This article aims to give a brief overview of some of the main trends in the credit derivatives market and also proposes to analyse some of the underlying reasons why this market is experiencing such a boom.
New double-counting methodology responsible for greater-than-expected rise in credit derivatives
The International Swaps and Derivatives Association’s mid-year survey of the over-the-counter derivatives market showed a substantial increase in credit derivatives notional volumes, growing from $918.9 billion at the end of 2001 to $1.6 trillion at mid…
Insurers enter the credit derivatives restructuring debate
A group of insurance companies active in the credit derivatives market has submitted a letter to the International Swaps and Derivatives Association suggesting language changes to the trade association’s restructuring definitions.
Top regulators denounce attempt to resurrect OTC energy bill
The four most senior financial regulators in the United States have joined forces to express concern at legislative proposals to expand regulation of over-the-counter energy derivatives.
Isda sees Basel II cross-border operation as major concern
LONDON - The biggest concern arising from the complex Basel II bank capital accord is about how it will operate for banks across national borders, Tanya Castell, London-based head of investment bank UBS Warburg’s risk policy group, said today.
Isda worried about OTC regulation threats
The International Swaps and Derivatives Association is still voicing concern about attempts by US Californian Democrat senator Dianne Feinstein to regulate the energy and commodity derivatives market.
Insurers enter the credit derivatives restructuring debate
A group of insurance companies active in the credit derivatives market has submitted a letter to the International Swaps and Derivatives Association suggesting language changes to the trade association’s restructuring definitions. The insurers are…