The Situation: The Commodity Futures Trading Commission ("CFTC") has established a new unit dedicated to addressing climate risk in the financial system, providing yet another example of financial services regulators...more
The Situation: Following its recent joint statement on opportunistic strategies in the credit derivatives market with the U.S Securities and Exchange Commission ("SEC"), the United Kingdom's Financial Conduct Authority...more
7/18/2019
/ CFTC ,
Credit Default Swaps ,
Derivatives ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
IOSCO ,
Market Participants ,
Policies and Procedures ,
Regulatory Authority ,
Securities and Exchange Commission (SEC) ,
Swap Dealers
ISDA proposes "de facto" category of original issue indebtedness as part of its CDS definitional reforms.
On May 24, 2019, the International Swaps and Derivatives Association ("ISDA") published another credit default swap...more