The International Swaps and Derivatives Association (ISDA) has been awarded Regulation Asia’s Outstanding Contribution to Regulatory Reform prize for the ISDA Digital Regulatory Reporting (ISDA DRR) initiative at the eighth annual Awards for Excellence. ISDA DRR supports compliance with regulatory reporting by using the Common Domain Model (CDM) to translate an industry-agreed interpretation of each reporting rule set into machine-executable code. That code can be used as an implementation baseline or to validate whether a firm’s own rule interpretation aligns with a golden-source standard, with the aim of improving the accuracy and consistency of data reported to regulators and reducing compliance time, resources and costs. ISDA DRR currently covers reporting rules in eight jurisdictions, including Australia, Hong Kong, Japan and Singapore, and is intended to extend to 12 rule sets in nine jurisdictions. ISDA said it will continue to evolve the initiative in line with changes to regulatory reporting regimes, and noted it also received Global Capital’s Digital Solution of the Year award for ISDA DRR earlier in the year.
ISDA 2025-11-10
International Swaps and Derivatives Association wins Regulation Asia award for its Digital Regulatory Reporting initiative
The International Swaps and Derivatives Association (ISDA) received Regulation Asia’s Outstanding Contribution to Regulatory Reform award for its Digital Regulatory Reporting (DRR) initiative, which uses the Common Domain Model to enhance compliance accuracy and efficiency. ISDA DRR currently covers reporting rules in eight jurisdictions and aims to expand to 12 rule sets in nine jurisdictions.