Isda Wants Regulators to use its Model to Draft Rules

The trade association is looking to offer its Common Domain Model to rulemakers.

Mixing models delivers best results

The International Swaps and Derivatives Association (Isda) is pushing its Common Domain Model (CDM) for regulators to adopt when amending or drafting future regulations.

“We want to do this as an open project where the regulators could sit at the table and tell us, This is right or this is wrong,” says Ian Sloyan, head of market infrastructure and technology at the industry body. “It could be a new way to develop regulation where the regulators don’t write the rules and publish them; they write

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