The “ISDA August 2012 DF Protocol” (the DF Protocol) is part of ISDA’s DoddFrank Document Initiative which aimed at assisting industry to implement regulatory requirements imposed under Title VII of the Dodd–Frank Wall Street Reform and Consumer Protection Act (“DoddFrank”).

The DF Protocol is designed to allow swap market participants to simultaneously amend multiple ISDA Master Agreements for the purpose of facilitating compliance with DoddFrank regulatory requirements, such as External Business Conduct Rules and others as they are finalised. ISDA has also published a FAQ to accompany the DF Protocol.