On October 26th, the International Swaps and Derivatives Association published two best practice documents: The OTC Derivatives Settlements Best Practice and the OTC Derivatives Interest Compensation Claims Best Practice. The OTC Derivatives Settlements Best Practice provides cross asset class guidelines to the industry on common settlement risk management issues covering both pre and post settlement issues. The OTC Derivatives Interest Compensation Claims Best Practice outlines the guidelines for the submission and processing of interest compensation claims arising from payments relating to OTC Derivatives transactions confirmed under the terms of the ISDA Master Agreement 2002 (or any earlier version thereof). ISDA Press Release.