ISDA Requests Relief From SEC On Accounting

On May 1, ISDA wrote to the US Securities and Exchange Commission to request relief from certain US GAAP derivatives and hedging rules that otherwise may cause some cashflow hedge relationships to be discontinued because of the impact of some requirements included in the CARES ACT relief program.

Documents (1)for ISDA Requests Relief from SEC on Accounting

• Relief from Certain Requirements of ASC 815 Derivatives and Hedging(pdf)