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OTC Derivatives Supervisors Group

The OTC Derivatives Supervisors Group (ODSG) originated in 2005, when the New York Fed hosted a meeting with representatives of major over-the-counter (OTC) derivatives market participants and their domestic and international supervisors, in order to address the emerging risks of inadequate infrastructure for the rapidly growing market in credit derivatives. The group is chaired by the New York Fed and meets annually with other supervisors and signatories to a series of "commitment letters". Commitments made by signatories signify their collective agreement to work with other signatories and their counterparties (whether signatories or not) to deliver structural improvements to the OTC derivatives market across asset classes in the interest of financial stability. The ODSG works directly with market participants via the ISDA© Industry Governance Committee to plan, monitor, and coordinate industry progress against collective commitments made by firms.

ISDA© Industry Governance Committee

Announcements
Commitment Letters
Participating Authorities
Participating Dealers

Bank of America-Merrill Lynch

Barclays Capital

BNP Paribas

Citi

Credit Suisse

Deutsche Bank AG

Goldman, Sachs & Co.

HSBC Group

J.P. Morgan

Morgan Stanley

Nomura

The Royal Bank of Scotland Group

Société Générale

UBS AG

Wells Fargo Bank, N.A.

Board of Governors of the Federal Reserve System

Commodity Futures Trading Commission

Connecticut State Banking Department

Federal Deposit Insurance Corporation

Federal Reserve Bank of New York

Federal Reserve Bank of Richmond

French Prudential Supervisory Authority
(Autorité de Contrôle Prudentiel - ACP)

German Federal Financial Supervisory Authority

Japan Financial Services Agency

New York State Banking Department

Office of the Comptroller of the Currency

Securities and Exchange Commission

Swiss Financial Market Supervisory Authority

United Kingdom Financial Services Authority

All links in PDF

format

	Date	Title

	2011

	Mar 31, 2011	Cross-Asset Class Roadmap Summary of OTC Derivatives Commitments

	2010

	Sep 27, 2010	Foreign Exchange Derivatives

	Mar 1, 2010	Cross-Asset Class Summary of OTC Derivatives Commitments

	2009

	Dec 7, 2009	Commodities Derivatives

	Sep 8, 2009	Central Clearing CDS Appendix Rates Appendix

	Jun 2, 2009	Cross-Asset Class Summary of OTC Derivatives Commitments

	2008

	Dec 10, 2008	Equity Derivatives Roadmap

	Oct 31, 2008	Cross-Asset Class Roadmap Summary of OTC Derivatives Commitments

	July 31, 2008	Credit and Equity Derivatives Credit and Equity Derivatives (supplement) Implementation Plan Summary of OTC Derivatives Commitments

	March 27, 2008	Credit and Equity Derivatives

	2007

	Oct 24, 2007	Equity Client On-boarding

	May 15, 2007	Equity Derivatives

	2006

	Nov 21, 2006	Equity Derivatives

	Mar 10, 2006	Credit Derivatives

	2005

	Dec 16, 2005	Credit Derivatives Confirmations

	Oct 4, 2005	Credit Derivatives Confirmations

	Date	Title

	2011

	Apr 5, 2011	New York Fed Welcomes Strategic Roadmap to Support Global Efforts in OTC Derivatives Markets

	Jan 27, 2011	Statement Regarding January 27 Meeting on Over-the-Counter Derivatives

	2010

	Nov 4, 2010	Statement Regarding November 2-3 Meeting of OTC Derivatives Regulators' Forum

	Mar 1, 2010	New York Fed Welcomes Further Industry Commitments on Over-the-Counter Derivatives

	Jan 14, 2010	Statement Regarding January 14 Meeting on Over-the-Counter Derivatives

	Jan 7, 2010	Policy Perspectives on OTC Derivatives Market Infrastructure

	2009

	Sep 24, 2009	A Global Framework for Regulatory Cooperation on OTC Derivative CCPs and Trade Repositories

	Sep 8, 2009	Market Participants Commit to Expand Central Clearing for OTC Derivatives

	Jul 13, 2009	New York Fed Welcomes CDS Central Counterparty Legal Analysis

	Jun 2, 2009	New York Fed Welcomes Further Industry Commitments on Over-the-Counter Derivatives

	Apr 1, 2009	Statement Regarding April 1 Meeting on Over-the-Counter Derivatives

	Mar 12, 2009	New York Fed Welcomes CDS Auction Hardwiring

	Mar 9, 2009	Senior Supervisors Group Issues Report on Management of Recent Credit Default Swap Credit Events

	Mar 4, 2009	Approval of Proposal by ICE Trust to become Member of Federal Reserve System

	Feb 19, 2009	A Global Framework for Cooperation Among CDS CCP Regulators

	2008

	Nov 14, 2008	PWG Announces Initiatives to Strengthen OTC Derivatives Oversight and Infrastructure

	Oct 31, 2008	New York Fed Welcomes Further Industry Commitments on Over-the-Counter Derivatives

	Oct 10, 2008	New York Fed to Host Meeting Regarding Central Counterparty for CDS

	Jul 31, 2008	New York Fed Welcomes Expanded Industry Commitments on Over-the-Counter Derivatives

	Jun 9, 2008	Statement Regarding June 9 Meeting on Over-the-Counter Derivatives

	Mar 27, 2008	New York Fed Welcomes New Industry Commitments on Credit Derivatives

	2007

	Oct 24, 2007	New York Fed Welcomes Equity Derivative Client On-boarding Strategy

	May 15, 2007	New York Fed Welcomes New Commitments on Equity Derivatives

	2006

	Nov 21, 2006	New York Fed Welcomes Industry Commitments on Equity Derivatives

	Sep 27, 2006	Statement Regarding Progress in Credit Derivatives Markets

	Mar 13, 2006	New York Fed Welcomes New Industry Commitments on Credit Derivatives

	Feb 16, 2006	Statement Regarding Progress in Credit Derivatives Markets

	Jan 12, 2006	February 16 Meeting on Credit Derivatives

	2005

	Oct 5, 2005	Statement Regarding Developments in the Credit Derivatives Markets

	Sep 15, 2005	Statement Regarding Meeting on Credit Derivatives

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