Isda has warned of operational hurdles as India’s April 1 over-the-counter (OTC) derivatives reporting deadline nears.
With India’s new OTC derivatives reporting framework set to take effect on 1 April 2026, the International Swaps and Derivatives Association (Isda) has highlighted operational concerns and called for additional clarity for market participants. The association said it supports the RBI’s broader objective of aligning India’s reporting regime Isda has reiterated industry readiness issues as the Reserve Bank of India’s (RBI) Unique Transaction Identifier (UTI) frame