The International Swaps and Derivatives Association (ISDA) has been awarded Outstanding Contribution to Regulatory Reforms at the 8th Regulation Asia Awards for Excellence 2025 for its Digital Regulatory Reporting (DRR) initiative.

The International Swaps and Derivatives Association (ISDA) has been awarded Outstanding Contribution to Regulatory Reforms at the 8th Regulation Asia Awards for Excellence 2025 for its Digital Regulatory Reporting (DRR) initiative. The award was celebrated at a ceremony in person on 10 November 2025. 

This award recognises an organisation whose efforts have had a profound and positive impact on shaping the regulatory landscape, fostering industry-wide improvements in compliance, efficiency, and risk management. 

ISDA was recognised for its leadership in addressing one of the most complex and costly challenges facing the derivatives industry: the global rewrite of trade reporting rules. The ISDA DRR initiative tackles this head-on by creating a "golden source" interpretation of the rules – developed and agreed by an industry committee – and converting it into open-source, machine-executable code using the Common Domain Model (CDM). This eliminates the need for each firm to individually interpret and implement complex, and often subtly different, regulatory requirements across jurisdictions. 

“ISDA has again demonstrated its unique ability to act as a bridge between industry innovation and regulatory necessity. The Digital Regulatory Reporting initiative is a landmark achievement in mutualised compliance,” said a judge on the Regulation Asia Awards panel. “By creating a ‘golden source’ interpretation of complex rules and translating it into machine-executable code, ISDA has solved a major problem for the industry, drastically reducing the risk of misreporting and freeing up critical resources.” 

The initiative was also commended for its direct impact on improving data quality for regulators and creating significant efficiencies for the market. The ISDA DRR now covers or has committed to covering 12 core regulatory reporting regimes across nine jurisdictions, including Australia, Japan, Singapore and Hong Kong – directly contributing to the G20’s original goal of better systemic risk monitoring.  

About the Regulation Asia Awards for Excellence 2025  

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.   

For a full list of the 2025 award winners, visit www.regulationasia.com/awards.  

About Regulation Asia  

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.  

Visit www.regulationasia.com or connect via LinkedIn or Twitter.