In a new white paper, ISDA found that that the correlation between certain crypto-assets (namely, Bitcoin and Ethereum) and their respective futures and ETFs is "sufficiently high to support effective hedging."
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In response to a Federal Reserve Board report on the issuance of a U.S. central bank digital currency ("CBDC"), SIFMA recommended that policymakers focus on "wholesale" CBDCs "which would be used for institutional financial transactions" rather than a publicly available retail CBDC.
In a podcast interview, OCC Comptroller Michael J. Hsu highlighted the importance of "inclusion" in the development of a regulatory framework for crypto activities.
In a joint letter to the Basel Committee on Banking Supervision, ISDA, the Institute of International Finance, and the Global Financial Markets Association, among others, requested reconsideration of the 2014 standardized approach for measuring counterparty credit risk exposures.
Based on a biennial cybersecurity exercise, SIFMA offered recommendations to strengthen financial institution defenses against cyberattacks.