FSB publishes a statement on the use of the ISDA spread adjustments in cash products

FSB OSSG Supports Use of the ISDA Spread Adjustments in Cash Products


The FSB’s Official Sector Steering Group (OSSG) requested that the International Swaps and 
Derivatives Association (ISDA) undertake an initiative to strengthen contractual fallbacks in 
derivatives referencing key interbank offered rates (IBORs) in July 2016, and the OSSG engaged 
regularly with ISDA and other stakeholders during the significant programme of work that ISDA 
has undertaken since then.

Please find the statement here.