ISDA DRR supports revised derivatives data reporting rules
25 July 2025 Canada
Image: THAWEERAT/stock.adobe.com
The International Swaps and Derivatives Association (ISDA) has gone live with new reporting requirements within its Digital Regulatory Reporting (DRR) solution.
Revised derivatives data reporting standards under Canadian Íø±¬³Ô¹Ï Administrators (CSA), Autorités canadiennes en valeurs mobilières (ACVM) rules, are the seventh set of reporting requirements to be included on ISDA’s DRR.
The DRR solution uses the open-source Common Domain Model (CDM) to transform an industry-agreed interpretation of new or amended regulatory reporting rules into unambiguous, machine-executable code.
According to the association, this move will enable firms to implement the changes cost-effectively and accurately, reducing the risk of regulatory penalties for misreported data.
ISDA’s solution also covers amendments in the US by the Commodity Futures Trading Commission, Japan by the Financial Services Agency, the EU under the European Market Infrastructure Regulation (EMIR), and the UK under UK EMIR.
In addition, support for Hong Kong Monetary Authority reporting rules will go live on the DRR on 29 September 2025.
In total, ISDA has pledged to support 11 reporting rule sets in nine major jurisdictions and to maintain the DRR code as those rules evolve in future.
Revised derivatives data reporting standards under Canadian Íø±¬³Ô¹Ï Administrators (CSA), Autorités canadiennes en valeurs mobilières (ACVM) rules, are the seventh set of reporting requirements to be included on ISDA’s DRR.
The DRR solution uses the open-source Common Domain Model (CDM) to transform an industry-agreed interpretation of new or amended regulatory reporting rules into unambiguous, machine-executable code.
According to the association, this move will enable firms to implement the changes cost-effectively and accurately, reducing the risk of regulatory penalties for misreported data.
ISDA’s solution also covers amendments in the US by the Commodity Futures Trading Commission, Japan by the Financial Services Agency, the EU under the European Market Infrastructure Regulation (EMIR), and the UK under UK EMIR.
In addition, support for Hong Kong Monetary Authority reporting rules will go live on the DRR on 29 September 2025.
In total, ISDA has pledged to support 11 reporting rule sets in nine major jurisdictions and to maintain the DRR code as those rules evolve in future.
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