ISDA CEO Scott O’Malia provided an update on efforts being made to support the market ’s response to RFRs at the group 's AGM in Hong Kong . Highlights included reaching a clear market consensus for technical adjustments , developing robust , standardised fallback mechanisms for derivatives markets , and , importantly , agreeing that a consistent approach should be taken to other IBORs . More recently, as the IM regulatory framework extends to smaller entities, we developed ISDA Create – IM, a powerful digital platform that automates the negotiation and execution of IM documents. ISDA is also about to undertake a study on pre - cessation triggers for derivatives , technical and term adjustments for US dollar LIBOR , HIBOR and CDOR , and is working to develop final details for fallbacks , which it plans to complete by the end of 2019 .
ISDA CEO Scott O’Malia provided an update on efforts being made to support the market ’s response to RFRs at the group 's AGM in Hong Kong . Highlights included reaching a clear market consensus for technical adjustments , developing robust , standardised fallback mechanisms for derivatives markets , and , importantly , agreeing that a consistent approach should be taken to other IBORs . ISDA is also about to undertake a study on pre - cessation triggers for derivatives , technical and term adjustments for US dollar LIBOR , HIBOR and CDOR , and is working to develop final details for fallbacks , which it plans to complete by the end of 2019 .