Overview of ISDA Activities Sao Paulo, Brazil August 6, 2002

1
Overview of ISDA Activities Sao Paulo,
BrazilAugust 6, 2002
Ruth Ainslie Senior Policy Director www.isda.org
2
What is ISDA ?
ISDA International Swaps and Derivatives
Association, Inc.

• ISDA is the global trade association representing
  leading participants in the privately negotiated
  derivatives industry, a business which includes
  interest rate, currency, commodity, credit,
  energy and equity swaps and options, as well as
  related structures such as caps, collars, floors
  and swaptions.

3
ISDA International Swaps and Derivatives
Association, Inc.
ISDAs Scope

• ISDA represents the over-the-counter derivatives
  industry through documentation, risk management,
  public policy and marketplace initiatives
• ISDA is committed to providing real value to its
  global constituency

4
Who are ISDA Members?
ISDA International Swaps and Derivatives
Association, Inc.

• Today we have over 575 institutions from 44
  countries on six continents.
• The membership of ISDA includes most of the
  worlds major financial institutions dealing in
  derivatives and also includes many other end
  users that rely on OTC derivatives to manage
  their financial and other risks inherent in their
  core economic activities.

5
ISDAs Membership
ISDA International Swaps and Derivatives
Association, Inc.

• Primary Dealers
• Banks/Investment Banks
• Insurance Companies
• Associate Service Providers
• Law Firms
• Accounting Firms
• Subscriber End Users / Governmental Entities
• Corporations
• Central Banks
• Non-dealer Financial Institutions

6
ISDAs Mission
ISDA International Swaps and Derivatives
Association, Inc.

• The Associations primary purpose is to
  encourage the prudent and efficient development
  of the privately negotiated derivatives business
  by
• Promoting practices conductive to the efficient
  conduct of the business, including the
  development and maintenance of derivatives
  documentation.

7
ISDAs Mission
ISDA International Swaps and Derivatives
Association, Inc.

• Promoting the development of sound risk
  management practices.
• Fostering high standards of commercial conduct.
• Advancing international public understanding of
  the business

8
ISDAs Mission
ISDA International Swaps and Derivatives
Association, Inc.

• Educating members and others on legislative
  regulatory, legal, documentation, accounting,
  tax, operational, technological and other issues
  affecting them.
• Creating a forum for the analysis and discussion
  of, and representing the common interest of its
  members on, these issues and developments.

9
ISDA Committees(good way to stay abreast of
issues)
ISDA International Swaps and Derivatives
Association, Inc.

• Accounting
• Asia-Pacific
• Canada Steering
• Collateral
• Credit Derivatives Market Practice
• Documentation
• Central and Eastern Europe
• Energy and Developing Products
• Equity Derivatives

10
ISDA Committees (Contd)
ISDA International Swaps and Derivatives
Association, Inc.

• Euro
• Japan
• Latin America
• Operations
• Regulatory
• Risk Management
• Tax
• Trading Practice

11
ISDA Conferences and Seminars
ISDA International Swaps and Derivatives
Association, Inc.

• ISDA conducts international and regional
  conferences on important industry issues for
  derivatives providers and users throughout the
  Americas, Europe and Asia.
• Approximately 32 conferences and seminars are
  planned for 2002.

12
ISDA Conferences and Seminars (Contd)
ISDA International Swaps and Derivatives
Association, Inc.

• Operations Training Courses
• Confirmations Workshops
• Understanding the 1992 ISDA Master Agreements
• Understanding Collateral Arrangements and the
  ISDA Credit Support Documents
• Documenting and Confirming Credit Derivatives
  Transactions

13
ISDA International Swaps and Derivatives
Association, Inc.
ISDA Conferences and Seminars (Contd)

• Risk Management Seminars
• ISDA Member Updates
• ISDA Annual General Meeting
• Tokyo - April 9 10, 2003

14
ISDA Offices
ISDA International Swaps and Derivatives
Association, Inc.

• New York London
• 360 Madison Avenue One New Change
• 16th floor London EC4M 9QQ England
• New York, NY 10017 Telephone [phone]
• Telephone [phone] Facsimile
  44020-7330-3555
• Facsimile [phone]
• Tokyo Asia-Pacific
• The Chuo Building, 1st Floor 24 Raffles Place
• 2-17 Kagurazaka Shinjuku-ku 162-0825 22-00
  Clifford Centre
• Tokyo 162-0825 Japan Singapore 048621
• Telephone [phone] Telephone (65)
  538-3879
• Facsimile (8135) 227-3283 Facsimile (65)
  538-6942

15
ISDA Website
ISDA International Swaps and Derivatives
Association, Inc.

• www.isda.org