The report, aimed at providing regulators and other market participants with initial findings, covers areas such as the scope of an LEI, necessary attributes and fee structure.
The next step is to select a provider that can meet these requirements. New York-based Thomas Price, managing director, operations, technology and BCP, Sifma, who is part of the coalition of trade associations, says the goal is to get a global industry consensus. “We want to create a fair, open and transparent process,” h
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails