ISDA 2017 Venezuela Additional Provisions Protocol
Open from October 11, 2017 to October 25, 2017
The ISDA 2017 Venezuela Additional Provisions Protocol allows parties to amend their legacy transactions referencing República Bolivariana de Venezuela (“Venezuela”) or Petroleos de Venezuela, S.A. (“PdVSA”), including relevant index transactions, to apply the new terms in ISDA’s Additional Provisions for Certain Venezuelan Entities: Excluded Obligations and Excluded Deliverable Obligations. The new terms address sanctions issued by the U.S. government through Executive Order 13808 on August 24, 2017, which prohibits transactions related to certain types of debt obligations of Venezuela and other entities related to Venezuela (including PdVSA).
**IMPORTANT UPDATE** The Cut-off Date for adherence to this Protocol has been extended to Wednesday, October 25, 2017. The Cut-off Time remains 5:00 p.m., New York time. The Implentation Date is now Thursday, October 26, 2017.
ISDA 2017 OTC Equity Derivatives T+2 Settlement Cycle Protocol
Open from July 28, 2017
The ISDA 2017 OTC Equity Derivatives T+2 Settlement Cycle Protocol is designed to assist market participants in amending the terms of certain trading confirmations to address the change for certain equity derivative transactions from a T+3 to a T+2 settlement cycle for securities for which the exchange is located in the United States, Canada, Mexico and Peru. This transition to a two-day settlement cycle is scheduled to take place on September 5, 2017.
ISDA 2017 Bail-in Article 55 BRRD Protocol (Austrian/Belgian/Danish/Swedish entity-in-resolution version)
Open from April 19, 2017
The 2017 ISDA Bail-in Art 55 Protocol offers market participants an efficient way to amend the terms of certain ISDA Master Agreements and certain other master agreements, framework agreements and give-up and execution agreements (as further described in the ISDA 2017 Bail-in Art 55 Protocol) to reflect the requirements of Article 55 of the EU Bank Recovery and Resolution Directive (BRRD) as implemented in the relevant jurisdiction. The 2017 ISDA Bail-in Art 55 Protocol aims to assist in-scope (Austrian, Belgian, Danish and Swedish) entities to comply with the requirement in relation to their ISDA Master Agreements and certain other agreements.
ISDA 2016 Variation Margin Protocol
Open from August 16, 2016
The ISDA 2016 Variation Margin Protocol is designed to help market participants comply with new rules on margin for uncleared swaps. The Protocol addresses documentation changes necessary to comply with the variation margin requirements that will apply to a large number of market participants in various jurisdictions from March 2017.
ISDA 2016 Bail-in Art 55 BRRD Protocol (Dutch/French/German/Irish/Italian/Luxembourg/Spanish/UK entity-in-resolution version)
Open from July 14, 2016
The ISDA Bail-in Protocol offers market participants an efficient way to amend the terms of certain ISDA Master Agreements and certain other master agreements, framework agreements and give-up and execution agreements (as further described in the ISDA Bail-in Protocol) to reflect the requirements of Article 55 of the EU Bank Recovery and Resolution Directive (BRRD) as implemented in the relevant jurisdictions. The ISDA Bail-in Protocol aims to assist in-scope (Dutch, French, German, Irish, Italian, Luxembourg, Spanish and UK) entities to comply with the requirement in relation to their ISDA Master Agreements and certain other agreements.
ISDA Resolution Stay Jurisdictional Modular Protocol
Open from May 3, 2016
The ISDA Resolution Stay Jurisdictional Modular Protocol enables parties to amend the terms of their Protocol Covered Agreements in order to aid compliance with regulatory requirements in various jurisdictions which, in general, require entities subject to those regulatory requirements to obtain from their counterparties a contractual recognition of the application of stays on or overrides of certain termination rights under the home-country special resolution regime of such regulated entity.
ISDA 2015 Universal Resolution Stay Protocol
Open from November 12, 2015
The ISDA 2015 Universal Resolution Stay Protocol enables parties to amend the terms of their Protocol Covered Agreements 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.
ISDA 2015 Section 871(m) Protocol
Open from November 2, 2015
ISDA 2015 Section 871(m) Protocol addresses the effects of Section 871(m) of the U.S. Internal Revenue Code on derivatives transactions.
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.