Isda Recommends Global Regulators Adopt Standard Approach To Financial Reporting News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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ISDA recommended that global regulators adopt the Common Risk Interchange Format
( CRIF ) and Common Domain Model ( CDM ) to
allow for the standardization and automation of financial
reporting. CRIF is a uniform template for holding and reporting
risk data.
In a white paper, ISDA argued that, as central clearing, margin,
trade reporting and revised capital requirements increase, so does
the need for greater consistency in reporting.
ISDA stated that the adoption by regulators of the CRIF
standards and the CDM would be advantageous because they: ....

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