ISDA, EMTA Revise Definitions for FX Derivatives
ISDA and EMTA, Inc., the trade association for emerging markets, have jointly published a revised set of standard definitions for foreign exchange (FX) derivatives transactions, which update key market practices and consolidate various FX and FX-related product templates and provisions into an integrated document. The 2026 FX Definitions will be implemented on November 22, 2027,…