ISDA and major market participants have written to the major global regulators setting out the latest plans from the industry to make OTC derivatives markets safe and efficient. This letter, the seventh in the series, covers:

  • increasing standardisation;
  • expanding central clearing;
  • enhancing bilateral risk management; and
  • increasing transparency.

(Source: ISDA letter of 31 March (published 5 April) to regulators on OTC market commitments)