Open Protocols

Market participants can sign up to ISDA protocols open for adherence below. If you have questions on any of the protocols we would encourage you to first look at the FAQ’s associated with each of the protocols (links available below under each protocol or the are also accessible under “View Protocol Material”).  If you have an existing order open and want to get back to it please follow the prompts when you click on “My Protocol Orders” under “Protocol Management” dropdown.   As this is an automated system, any fees must be paid by credit card so that there is no interruption in the protocol adherence process.  Invoices are available after the process is complete.  Any additional questions please direct them to



ISDA 2014 Credit Derivatives Definitions Protocol: This protocol is closed as of 12 noon, New York time, on Wednesday, September 17, 2014.  To view the list of adhering parties please go to the closed protocol section of our website.

ISDA acts, for certain purposes, as an agent for participating parties and posts the Protocol on its website.  

Traditional Adherence Protocols
Open protocols that pre-date August 2012 (such as the Illegality/Force Majeure Protocol and the   Novation Protocol) run on the old ISDA site. The list of open protocols using the traditional adherence process can be found here. 

Open for Adherence Protocols (NEW Adherence Process)

  • ISDA 2014 Resolution Stay Protocol

    Open from November 12, 2014

    The ISDA 2014 Resolution Stay Protocol enables parties to amend the terms of their Protocol Covered Agreement to contractually recognize the cross-border application of special resolution regimes applicable to certain financial companies and support the resolution of certain financial companies under the United States Bankruptcy Code. Note: The Protocol is currently being amended and will be relaunched later in 2015. The Protocol remains open, but it is not expected that any parties will adhere during that time. Any party wishing to adhere should contact before submitting an adherence letter.

  • ISDA 2014 Collateral Agreement Negative Interest Protocol

    Open from May 12, 2014

    The ISDA 2014 Collateral Agreement Negative Interest Protocol enables parties to amend certain ISDA-published collateral agreements to account for negative interest amounts on cash collateral.

  • ISDA 2013 Discontinued Rates Maturities Protocol

    Open from October 11, 2013

    The ISDA 2013 Discontinued Rates Maturities Protocol enables parties to amend the terms of Protocol Covered Transactions to address future rate discontinuations where longer and shorter maturities remain for a discontinued rate

  • ISDA 2013 EMIR Port Rec, Dispute Res and Disclosure Protocol

    Open from July 19, 2013

    The ISDA 2013 EMIR Portfolio Reconciliation, Dispute Resolution and Disclosure Protocol enables parties to amend the terms of their Protocol Covered Agreements to reflect the portfolio reconciliation and dispute resolution requirements imposed by EMIR as well as to include a disclosure waiver to help ensure parties can meet the various reporting and record keeping requirements under EMIR without breaching confidentiality restrictions.

  • ISDA 2013 Reporting Protocol

    Open from May 10, 2013

    ISDA 2013 Reporting Protocol to enable parties to amend the terms of Protocol Covered Agreements

  • ISDA Derivatives/FX PB Business Conduct Allocation Protocol

    Open from May 6, 2013

    The purpose of the protocol is to enable swap dealers that are parties to Covered Give-up Arrangements to incorporate into those agreements an apportionment of responsibilities, pursuant to a CFTC Interim Final Rule issued on April 30th, for compliance with obligations under the CFTC's External Business Conduct Standards. ISDA, the FXC (Foreign Exchange Committee) and the FMLG (Financial Markets Lawyers Group) have developed Annex A to the protocol which provides for the allocation of responsibilities between two registered swap dealers as provided in the no action relief.

  • ISDA March 2013 DF Protocol NOTE: THIS IS NOT AN UPDATED VERSION of the August DF Protocol. SWAP DEALERS require client adherence to both AUGUST and MARCH Protocols.

    Open from March 22, 2013

    This protocol (which is NOT an updated version of the August 2012 DF Protocol) facilitates compliance with the CFTC’s rulemakings on (i) Swap Trading Relationship Documentation, Confirmation, Portfolio Reconciliation and Portfolio Compression, (ii) End-User Exception to the Clearing Requirement and (iii) Clearing Requirement Determination. Required Compliance Start Date: July 1, 2013. The March 2013 Dodd Frank Protocol questionnaire will be available on ISDA Amend to all users on May 20, 2013. There will be live daily demos starting May 20th (please see ISDA Amend Availability note below).

  • ISDA 2013 EMIR NFC Representation Protocol

    Open from March 8, 2013

    The Protocol enables parties to amend the terms of their ISDA Master Agreements to reflect certain know your counterparty requirements.

  • ISDA 2012 FATCA Protocol

    Open from August 15, 2012

    ISDA 2012 FATCA Protocol addresses the effects of the Foreign Account Tax Compliance Act (FATCA) on derivatives transactions.

  • ISDA August 2012 DF Protocol

    Open from August 13, 2012

    This Protocol is part of ISDA’s Dodd-Frank Documentation Initiative relating to compliance with the CFTC’s External Business Conduct Rules. Required Compliance Start Date: May 1, 2013.