ISDA

📣 The wait is over! Registration is open for the 39th #ISDA AGM in Amsterdam, May 13-15. Register now with the early promotion discount for the best rates! *Sponsorship and exhibition opportunities available* Registration and details here: https://agm.isda.org/ #isdaagm

Looking for a deep dive on ISDA Documentation? Don't miss ISDA's Core Documentation courses being held online on February 3-5. Details here: https://lnkd.in/eZhPjuM ▪️ Understanding the ISDA Master Agreement - February 3 ▪️ Negotiating the Schedule to the ISDA Master Agreement - February 4 ▪️ Understanding the Variation Margin Credit Support Documents - February 5 Register for one course and receive 20% off when registering for another. Promo Codes – Member: INTRO20 Non-Member: INTRO2025 Can't join live? Register to watch the replay! Recording will be available to all registrants for 30 days following the event. Register today! www.isda.org/events

ISDA closed out another successful year with the Trading Book Capital event in London. Thank you to all our delegates, speakers and sponsor Deloitte.   Senior lawyers, market participants and regulators were treated to the latest thinking around Basel III, as well as industry trends for 2025. Key topics also covered during the event included: - The challenges of implementing Basel III - how is uncertainty over US proposals to carry out Basel III reforms adding to the complexity for globally active banks - Capital Models Benchmarking - We heard how ISDA Analytics can be used to support consistent and accurate implementation of standardized approach capital models under Basel III - Climate risk scenario analysis - how ISDA is working with its members on climate risk management   We’ll be back in London in 2025 or catch the New York Trading Book Capital event on February 5! Register here: https://lnkd.in/efuCV4pT

Learn the foundations of core derivatives industry topics at one of ISDA’s upcoming Masterclasses on Derivatives Documentation or Accounting. Register with your colleagues to take advantage of group registration discounts. Click here for additional details: https://lnkd.in/e67NY6_R ISDA Masterclasses are small group learning courses designed and lead by experienced ISDA Staff and industry practitioners to provide you with an in-depth understanding of a variety of essential derivatives topics. All classes are under 25 students which allows you the opportunity to get hands-on with the material, speak one-on-one with instructors and apply what you are learning to your real-life scenarios. Both instructional and interactive, participants should leave their ISDA Masterclass equipped with practical knowledge and a deeper understanding of the topic and the derivatives industry. Visit www.isda.org/events for a full list of upcoming ISDA conferences. Just be sure to check back for updates – new events will be posted as they are confirmed.

Thanks to our members for all the support over 2024. We wish you a restful and enjoyable holiday season and a prosperous 2025.

Registration is open for ISDA's 39th AGM in Amsterdam on May 13-15, 2025. Don't miss out - Register now with the early promotion discount to lock in the best rate! Details here: https://agm.isda.org/ #isdaAGM

ISDA has published a new report analyzing Bank for International Settlements – BIS statistics on the OTC #derivatives market in the first half of 2024. Click here to read the full report: https://lnkd.in/e9AmFZQ2

In the review of the year edition of The Swap podcast, ISDA CEO Scott O'Malia and Chairman Eric Litvack look back at the derivatives market and regulatory issues dominating 2024, including Basel III, Treasury clearing and non-bank financial intermediation.   Listen to the latest episode here: https://lnkd.in/eYUG-7gn

ISDA has announced that its Board of Directors has elected Jeroen Krens as its new Chair. The move follows the decision of former Chair Eric Litvack to step down after 10 years in the role. Jeroen Krens is Managing Director, COO, Markets & Securities Services at HSBC Bank Plc. He has worked for HSBC for 10 years and has had two stints on the ISDA Board – from January 2012 to February 2014 while working at Royal Bank of Scotland and since November 2016 while at HSBC. The appointment is effective from January 1, 2025. “I’m very proud of what we have collectively achieved at ISDA over the past 10 years and how the Board has evolved to better reflect the market it serves. ISDA’s strength is its ability to tap into the collective expertise of its 1,000-plus member firms and reach consensus solutions to common problems. Together as an industry, we have solved some of the biggest challenges ever to face our markets, including finalizing post-crisis regulatory reforms and the transition from LIBOR, and ISDA is well positioned to tackle the challenges ahead. Now is the right time to hand the torch to the next generation of leaders, and I’m very confident that Jeroen will do a terrific job as he takes the helm during the next phase of the derivatives market’s development,” said Mr. Litvack. “I’m honored to take on the role of Chair in what will be ISDA’s 40th year. ISDA was established in 1985 to bring standardization and common legal documentation to derivatives markets, an objective that remains just as relevant today. I’m looking forward to working with my colleagues on the Board, Scott and the ISDA team as we continue realize ISDA’s mission of ensuring derivatives market are safe and efficient. I would also like to thank Eric for his leadership, friendship and many contributions to ISDA,” said Mr. Krens. Read the press release here: https://lnkd.in/e9ww7GXS

Having developed a conceptual framework for climate scenario analysis in the trading book and designed three specific scenarios, ISDA is now working with its members to expand this work to a wider universe of geographies and sectors. Gregg J., senior director in ISDA’s risk and capital team, gives an overview of ISDA’s work on climate risk.