2025 will be a significant year for ISDA, as it commemorates the 40th anniversary of its establishment. It also promises to be notable for its work on significant documentation and infrastructure projects, as well as regulatory policy initiatives. On this call the panel will recap and reflect on the current status of a number of ISDA workstreams, including: • The recent interactive Close-out workshops; • The creation of the online Notices Hub and associated documentation remediation project; • The update and consolidation of the FX Definitions; • The continued development of the Verified Carbon Credit Transaction Definitions and Digital Asset Derivatives Definitions; and • Responses to the EMIR 3.0 updates and the impact of the Insolvency Harmonisation Directive.

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