ISDA responded to the European Securities and Markets Authority's "call for evidence" on a proposed climate risk stress testing procedure for central counterparties.
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The SEC amended the definitions of "covered clearing agency," "central securities depository services" and "sensitivity analysis" to be applicable to central counterparties and securities depositories.
The SEC amended the definitions of "covered clearing agency," "central securities depository services," and "sensitivity analysis" to be applicable to central counterparties and securities depositories.
SIFMA urged the Federal Reserve Board to revise the Global Market Shock and Large Counterparty Default components of the Comprehensive Capital Analysis and Review framework.
An ISDA-commissioned review of the "empirical academic literature" concluded that single-name credit default swaps ("CDS") have a "positive impact on the supply of credit to many reference entities underlying traded CDS."