25 pages in total.
1
July 2023
ISDA Survey on
OTC Derivatives
in Emerging
and Developing
Markets
ISDA published a whitepaper in May 2022 outlining key legal,
regulatory and risk management issues for emerging market and
developing economies (EMDEs). To complement that initiative,
ISDA has conducted a survey of EMDE jurisdictions that looks at
the steps that have been taken with regards to these issues. The
survey involved legal counsel from 44 EMDE countries.
ISDA recognizes the EMDE classification includes a broad range
and number of countries with economies, financial markets and
regulatory and policy frameworks that are at different stages of
development. For these reasons, it is important that a jurisdiction’s
policy and regulatory framework is aligned and evolves with the
development of its capital and derivatives markets in order to foster
growth and facilitate prudent risk management practices.