The ISDA Amend tool, built on the Markit Counterparty Manager platform enables dealers and their clients to centrally manage Know Your Customer (KYC) and Anti-Money Laundering (AML) documentation requirements, as well as track and control counterparty access at the fund and account level.
ISDA Amend 2.0 builds upon existing functionality and applies a multi-jurisdictional approach. Market participants can use ISDA Amend 2.0 to comply with uncleared margin rules and provide representations and notifications for the Jurisdictional Modular Resolution Stay Protocol.
ISDA Amend supports compliance with various Dodd-Frank and EMIR rulemakings, including the ISDA August 2012 and March 2013 Dodd Frank Protocols, the ISDA Cross Border Representation Letter, the EMIR Counterparty Classification Tool, the EMIR Clearing Classification Tool, Uncleared Margin Rules, Jurisdictional Modules to the ISDA Resolution Stay Jurisdictional Modular Protocol and other regulatory requirements. As ISDA develops new protocols and self-declaration letters, we will work to access these documents electronically to simplify compliance for the industry.