International Swaps and Derivatives Association

Greenberg Traurig Adds Well-Known Financial Markets Regulation Attorney Akihiro Wani in Tokyo

Retrieved on: 
Monday, October 2, 2023
LLP, Executive, Morrison & Foerster, International Swaps and Derivatives Association, ISDA, Morrison, University of Tokyo, Real estate, Columbia University School of Social Work, University, Knowledge, Bank, Columbia Law School, Industrial Bank of Japan, Accounting, Cryptocurrency

TOKYO, Oct. 2, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.

Key Points: 
  • Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.
  • TOKYO, Oct. 2, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP continues its strategic expansion in Tokyo with the addition of Akihiro Wani, a well-known industry leader on financial markets regulation, who joins as senior counsel from Morrison & Foerster.
  • He has more than 30 years of experience representing Japanese as well as international clients on financial regulatory matters and transactions involving new financial instruments.
  • "The addition of Akihiro Wani is a significant milestone for our Tokyo office.

Tokenovate and GMEX ZERO13 Enable Execution of World's First Smart Legal Contract for Voluntary Carbon Credit Derivatives Trades using ISDA Definitions

Retrieved on: 
Wednesday, May 31, 2023
Carbon, Heart, Partnership, Uniform Law Commission, Registry, International Swaps and Derivatives Association, Blockchain, DLT, ISDA, Research, UCR, Indian stock exchange, FMI, Law commission, Map, VCC, OTC, Smart, Methane, Growth, Ecosystem, Security (finance), Commodity, BSV, Cryptocurrency, Financial adviser, Savli

SECDEX was connected to the Universal Carbon Registry (UCR), where the VCCs are registered via the ZERO13 Hub.

Key Points: 
  • SECDEX was connected to the Universal Carbon Registry (UCR), where the VCCs are registered via the ZERO13 Hub.
  • Hirander Misra, CEO of GMEX Group and ZERO13 commented: "We are delighted to partner with Tokenovate to execute and settle the first ever trades using the ISDA VCC definitions on SECDEX, underpinned by BSV Blockchain smart contract capabilities."
  • We're very pleased Tokenovate and its partner ZERO13 have used the 2022 ISDA Verified Carbon Credit Transactions Definitions and the Common Domain Model to create a smart legal contract for VCC trades.
  • Tokenovate and ZERO13 will continue to collaborate to facilitate VCC trades using DLT-based smart legal contracts, incorporating the 2022 ISDA Verified Carbon Credit Transactions Definitions alongside its globally adopted standards and digital tools.

Tokenovate and GMEX ZERO13 enable execution of world's first smart legal contract for voluntary carbon credit derivatives trades using ISDA definitions

Retrieved on: 
Wednesday, May 31, 2023
Carbon, Heart, Partnership, Registry, International Swaps and Derivatives Association, Blockchain, DLT, ISDA, Exchange, Research, UCR, Indian stock exchange, FMI, Map, VCC, OTC, Methane, Growth, Security (finance), Ecosystem, Commodity, BSV, Cryptocurrency, Savli

LONDON, May 31, 2023 /PRNewswire/ -- Tokenovate, a financial services company providing distributed financial market infrastructure (dFMI) enabling programmatic lifecycle event management of the pre-trade to post-trade workflow for OTC and Exchange traded derivatives, and ZERO13, a GMEX Group initiative, providing a digital climate fintech aggregation ecosystem announce the successful execution of the world's first smart legal contract for voluntary carbon credit (VCC) derivatives trades referencing the 2022 ISDA (The International Swaps and Derivatives Association) Verified Carbon Credit Transactions Definitions.

Key Points: 
  • SECDEX was connected to the Universal Carbon Registry (UCR), where the VCCs are registered via the ZERO13 Hub.
  • Hirander Misra, CEO of GMEX Group and ZERO13 commented: "We are delighted to partner with Tokenovate to execute and settle the first ever trades using the ISDA VCC definitions on SECDEX, underpinned by BSV Blockchain smart contract capabilities."
  • We're very pleased Tokenovate and its partner ZERO13 have used the 2022 ISDA Verified Carbon Credit Transactions Definitions and the Common Domain Model to create a smart legal contract for VCC trades.
  • Tokenovate and ZERO13 will continue to collaborate to facilitate VCC trades using DLT-based smart legal contracts, incorporating the 2022 ISDA Verified Carbon Credit Transactions Definitions alongside its globally adopted standards and digital tools.

Tokenovate and GMEX ZERO13 enable execution of world's first smart legal contract for voluntary carbon credit derivatives trades using ISDA definitions

Retrieved on: 
Wednesday, May 31, 2023
Carbon, Heart, Partnership, Registry, International Swaps and Derivatives Association, Blockchain, DLT, ISDA, Exchange, Research, UCR, Indian stock exchange, FMI, Map, VCC, OTC, Methane, Growth, Security (finance), Ecosystem, Commodity, BSV, Cryptocurrency, Savli

LONDON, May 31, 2023 /PRNewswire/ -- Tokenovate, a financial services company providing distributed financial market infrastructure (dFMI) enabling programmatic lifecycle event management of the pre-trade to post-trade workflow for OTC and Exchange traded derivatives, and ZERO13, a GMEX Group initiative, providing a digital climate fintech aggregation ecosystem announce the successful execution of the world's first smart legal contract for voluntary carbon credit (VCC) derivatives trades referencing the 2022 ISDA (The International Swaps and Derivatives Association) Verified Carbon Credit Transactions Definitions.

Key Points: 
  • SECDEX was connected to the Universal Carbon Registry (UCR), where the VCCs are registered via the ZERO13 Hub.
  • Hirander Misra, CEO of GMEX Group and ZERO13 commented: "We are delighted to partner with Tokenovate to execute and settle the first ever trades using the ISDA VCC definitions on SECDEX, underpinned by BSV Blockchain smart contract capabilities."
  • We're very pleased Tokenovate and its partner ZERO13 have used the 2022 ISDA Verified Carbon Credit Transactions Definitions and the Common Domain Model to create a smart legal contract for VCC trades.
  • Tokenovate and ZERO13 will continue to collaborate to facilitate VCC trades using DLT-based smart legal contracts, incorporating the 2022 ISDA Verified Carbon Credit Transactions Definitions alongside its globally adopted standards and digital tools.

Citi LIBOR Transition Update

Retrieved on: 
Friday, May 12, 2023
Banking, Professional Services, Finance, Benchmark, Communication, CMS, The Secret of Annexe 3, Citigroup, Telephone, LIBOR, International Swaps and Derivatives Association, ISDA, SOFR, Leg, EDGAR, USD, Cyprus Securities and Exchange Commission, Judgement, Prospectus, IBA, Legacy, Security (finance), UK, Broadridge Financial Solutions, Surveying, Bank

The USD LIBOR ICE Swap Rate is also referred to as a constant maturity swap (or “CMS”) rate, and in this press release is referred to as the “USD LIBOR CMS Rate”.

Key Points: 
  • The USD LIBOR ICE Swap Rate is also referred to as a constant maturity swap (or “CMS”) rate, and in this press release is referred to as the “USD LIBOR CMS Rate”.
  • Citi is issuing this press release to provide notice that, after the Cessation Date, it expects that calculations referencing the USD LIBOR CMS Rate in the Legacy CMS Instruments will no longer be calculated by reference to the USD LIBOR CMS Rate, but instead will be calculated pursuant to the applicable fallback provisions described below.
  • As it is expected that the USD LIBOR CMS Rate will not be published following the Cessation Date, the calculation agent intends following the Cessation Date to request quotations for USD interest rate swap transactions referencing USD LIBOR, as described above.
  • Annex 2 lists Legacy CMS Instruments containing fallback provisions that provide that, if the calculation and publication of the relevant USD LIBOR CMS Rate is permanently canceled, then the calculation agent may replace that USD LIBOR CMS Rate with an alternative rate that it determines, in its sole discretion, represents the same or a substantially similar measure or benchmark as that USD LIBOR CMS Rate.

Deriv Expands Global Reach with 7 New Offices

Retrieved on: 
Thursday, May 4, 2023
Reading, Amazon, Great Places, Knowledge, AI, Geography, Management, International Swaps and Derivatives Association

Last year was one of success and expansion for the firm, reflected in its opening of 7 new offices worldwide.

Key Points: 
  • Last year was one of success and expansion for the firm, reflected in its opening of 7 new offices worldwide.
  • Deriv opened 2 new offices in Asia, 2 in Europe, and one each in South America, Oceania, and the Caribbean.
  • Jean-Yves Sireau, the CEO of Deriv, said: “At Deriv, we believe that talent isn’t restricted by geography.
  • If you want to be part of this successful and fast-growing team, check out open positions at Deriv.

Three Weeks Until ISDA’s 37th AGM in Chicago – Did You Register?

Retrieved on: 
Tuesday, April 18, 2023
Professional Services, Finance, Federal Reserve Bank of Chicago, Insurance, Federal Reserve Bank, Virtu Financial, CME Group, Capital market, International Swaps and Derivatives Association, ISDA, AGM, Government, Bank of England, Fireside chats, Entrepreneurship, United States Department of the Treasury, Bank, Under Secretary of the Treasury for Domestic Finance, Conference, Security (finance), Cryptocurrency, Nursing, Rolling (metalworking)

Join the International Swaps and Derivatives Association, Inc. (ISDA) at its 37th Annual General Meeting (AGM) in Chicago from Tuesday May 9 until Thursday May 11, 2023.

Key Points: 
  • Join the International Swaps and Derivatives Association, Inc. (ISDA) at its 37th Annual General Meeting (AGM) in Chicago from Tuesday May 9 until Thursday May 11, 2023.
  • An updated agenda will be available in due course.
  • Journalists are invited to attend all social events, including the pre-conference welcome reception on Tuesday May 9 at 8:00PM.
  • Please note that attendance at the evening events is granted on a strictly off-the-record basis and is for networking purposes only, not for reporting.

Press Registration Open for ISDA’s 37th Annual General Meeting in Chicago!

Retrieved on: 
Wednesday, February 22, 2023
Consulting, Banking, Accounting, Professional Services, Public Policy, Environmental, Social and Governance (ESG), Congressional News, Views, Legal, Government, Insurance, Finance, Multimedia, International Swaps and Derivatives Association, ISDA, Conference, Security (finance)

View the full release here: https://www.businesswire.com/news/home/20230222005219/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230222005219/en/
    Additional information on the conference, including an agenda, is available on the ISDA's website .
  • An updated agenda will be available in due course.
  • Journalists are invited to attend all social events, including the pre-conference welcome reception on Tuesday May 9 at 8:00PM.
  • Please note that attendance at the evening events is granted on a strictly off-the-record basis and is for networking purposes only, not for reporting.

Digital Assets Platform FalconX Expands Global Presence to Singapore

Retrieved on: 
Wednesday, February 22, 2023
Software as a service, ISDA, AML, OSL, Deutsche Bank, Bitstamp, CFTC, JPMorgan Chase, GIC, National Futures Association, International Swaps and Derivatives Association, Blockchain, Growth, SAN, Risk management, NFA, OTC, Security (finance), Cryptocurrency, Financial services

SAN FRANCISCO, Feb. 22, 2023 /PRNewswire/ -- FalconX, the most reliable digital assets prime brokerage for the world's leading institutions, today announced expansion of its services into Singapore. Matt Long has joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore. Alongside these key executive hires, FalconX is also launching its OTC derivatives business in Singapore to service institutional clients across APAC, augmenting its leading position in the United States as the first and only CFTC-registered cryptocurrency swap dealer also registered with the National Futures Association (NFA).

Key Points: 
  • SAN FRANCISCO, Feb. 22, 2023 /PRNewswire/ -- FalconX , the most reliable digital assets prime brokerage for the world's leading institutions, today announced expansion of its services into Singapore.
  • Matt Long has joined FalconX as General Manager and Ave King as Chief Compliance Officer, both based in Singapore.
  • Singapore is an ideal regional hub for the organization as FalconX continues to invest in the future of digitized finance.
  • Immediately prior to joining FalconX, Long was Managing Director and Head of Prime Brokerage and SaaS at institutional digital asset platform OSL.

Morrison Foerster Strengthens Financial Services and FinTech Capabilities in London with Addition of Bank of England Senior Adviser and Manager Sam Riley

Retrieved on: 
Tuesday, January 17, 2023
Financial technology, University, Bank, Cryptocurrency, Private practice, IOSCO, G20, Financial Stability Board, UK National Quantum Technologies Programme, Committee, LPC, Environment, College, Public sector, International Swaps and Derivatives Association, Policy, Growth, Assistant, Payment, FSB, Morrison & Foerster, IP, CPMI, Finance, Organization, International Organization of Securities Commissions, EU

LONDON, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Sam Riley, who joins as a partner in the Transactions Department, enhancing the firm's financial services and FinTech offering in London. Riley brings sophisticated, cross-practice, and multijurisdictional experience across financial services, banking, digital payments, and securities regulation, with a particular focus on digital assets (including stablecoins/crypto), and emerging technology.

Key Points: 
  • Riley brings sophisticated, cross-practice, and multijurisdictional experience across financial services, banking, digital payments, and securities regulation, with a particular focus on digital assets (including stablecoins/crypto), and emerging technology.
  • Riley has a broad regulatory and transactional practice, built around financial regulation, FinTech, digital innovation, emerging technology in financial services, as well as derivatives.
  • While at the Bank of England, Riley also worked on the impact of, and response to, the UK's withdrawal from the EU.
  • At the Bank of England, Sam has been right in the middle of the development of the regulatory response to emerging financial technologies.