ISDA issued a request for proposal inviting independent service providers to tender for the role of calculating and publishing adjustments related to fallbacks for inclusion in its 2006 ISDA Definitions. The trade association plans to conclude the selection process by the end of Q2. In addition to these two major adjustments, there are several other changes that will be made as part of this process.
ISDA issued a request for proposal inviting independent service providers to tender for the role of calculating and publishing adjustments related to fallbacks for inclusion in its 2006 ISDA Definitions. The trade association plans to conclude the selection process by the end of Q2. The work has been undertaken at the request of global regulators and market participants.