On March 8th, the International Swaps and Derivatives Association announced it has published the ISDA Independent Amount Whitepaper, and the Market Review of OTC Bilateral Collateralization Practices. The documents are designed to provide better understanding of current market practices and make recommendations to enhance practice or understanding in the collateral management arena. The Independent Amount Whitepaper examines the risks associated with under-collateralization or over-collateralization associated with Independent Amounts under ISDA Credit Support Annexes, and the potential alternatives that may be developed by the derivatives market to protect participants. The Market Review of OTC Bilateral Collateralization Practices is a broad market review of bilateral collateralization practices for OTC derivatives to facilitate better understanding of current market practice, especially as it relates to the different types of counterparties active in the market. ISDA Press Release.