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ISDA INDUSTRY GOVERNANCE

JULY 2011

ISDA Industry GovernanceISDA Industry Governance

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ISDA INDUSTRY GOVERNANCE COMMITTEE (IIGC)

EquitySteering

Committee(ESC)

RatesSteering

Committee(RSC)

CreditSteering

Committee(CSC)

CommoditiesSteering

Committee(COSC)

Asia PacificSteering

Committee(ASC)

OperationsSteering

Committee(OSC)

CollateralSteering

Committee(COLSC)

Equity Implementation

Group(EIG)

RatesImplementation

Group(RIG)

Credit Implementation

Group(CIG)

CommoditiesImplementation

Group(COIG)

Japan Implementation

Group

Asia-PacificImplementation

Group

Settlements Implementation

Group

Equity Working Groups

RatesWorkingGroups

Credit WorkingGroups

Commodities WorkingGroups

Japan WorkingGroups

Asia-PacificWorkingGroups

CollateralWorkingGroups

ISDA Industry GovernanceISDA Industry Governance

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Equity Steering Committee (ESC)

Equity Implementation

Group(EIG)

EDRR Governance Committee

Electronic Working Group

Equity Architecture

Working Group

ISDA Industry GovernanceISDA Industry Governance

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The Repository Governance Committee

Rates Implementation

Group (RIG)

Regulatory Target Delivery Working Group

ISDA Operations

Rates Working Group

Metrics Benchmarking Working Group

ISDA Rates Legal Advisory

Group

Rates Steering Committee (RSC)

Rates Electronic Novation Consent

Electronic Allocations

Delivery

Architecture Working Group

ISDA Industry GovernanceISDA Industry Governance

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Credit Steering Committee (CSC)

Credit Implementation Group (CIG)

Novation Consent Equals Confirmation

Working Group

ISDA Credit Operations Working

Group

ISDA Industry GovernanceISDA Industry Governance

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Commodities Steering Committee (COSC)

Commodities Implementation

Group (COIG)

Metrics & Electronic Matching

Working Group

Trade Repository

Working Group

Collateral & Portfolio

Reconciliation Working Group

Documentation Self-

Assessment Working Group

ISDA Industry GovernanceISDA Industry Governance

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LEAPEnergy

Institute

Commodities Implementation Group (COIG)

North America Global Europe

EEI CTAGAS EDI

WSPPNAES

BFIA IETA WRMA ISDA AIPN FFABA FOA FFABALBMA

ISDA Industry GovernanceISDA Industry Governance1.) LEAP: Specifically Oil focused. (www.energyleap.org)

2.) EFET: European gas and power trading Coverage of regulatory and documentation issues (www.efet.net)

3.) IETA: Int'l Emissions Trading Assn: Global trade association for primary emissions markets under the UN Kyoto Protocol. Standard documentation for primary markets (so-called ERPA's and secondary trading (ww.ieta.org) 4.) LBMA: London Bullion Market Association: Representatives of London wholesale bullion markets. Standard docs ISDA-based (www.ibma.org.uk)

5.) EEI: Edison Electric Institute. US association of power utilities (www.eei.org)

6.) FIA: FIA provides a forum for futures and options professionals from around the world to share information and concerns about the global futures industry:  http://www.futuresindustry.org/

7.) FOA: Futures & Options Association: Industry association for futures and options trading (mainly on UK exchanges). Regulatory affairs and standard docs (as administrators for UK power trading agreements (GTMA) (ww.foa.co.uk)

8.) WRMA: Weather Risk Management Association: Service provider to the weather risk management industry (includes all kinds of weather protection products, include insurance, exchange and off-exchange trading); global coverage. Standard docs products in cooperation with ISDA

9.) FFABA: Forward Freight Agreement Brokers Association:(http://www.balticexchange.com/default.asp?action=article&ID=18) Promotion of freight trading. Standard documentation (ISDA based) for FFA agreements.

10.) CTA: Coal Trading Association: (http://www.coaltrade.org/). NA focused

11.) IECA: Int'l Energy Credit Association http://www.ieca.net/). Have produced some supplementary docs to standard contracts (e.i. ISDA CSA and EFET/SIFMA CPMA).

12.) AIPN: Association of Intl Petroleum Negotiators (http://www.aipn.org/). Mission is to enhance cross-border trading in petroleum products, include model agreements for LNG etc

13.) Energy Institute (http://www.energyinst.org.uk/): The purpose of the Energy Institute is the promotion of the safe, environmentally responsible and efficient supply and use of energy in all its forms and applications. Most recently EI have started working on standard contracts for physical transactions in crude oil (in coop with LEAP and ISDA).

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ISDA Industry GovernanceISDA Industry Governance

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Oil

Natural Gas

Coal

Electric / Energy

Emissions

Weather

Bullion

Freight

IETA

LEAP

ISDA FOA EFET GasEDI NAESB

ISDA CTA

ISDA EEI IECA AIPN WSPP

ISDA

ISDA

ISDA WRMA

ISDA LBMA

ISDA FFABA

FIA

ISDA Industry GovernanceISDA Industry Governance

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Collateral Steering Committee (COLSC)

Portfolio Reconciliation

Working Group

Best Practice Working Group

Collateral Electronic Messaging Working Group

Supervisory Dispute

Reporting Working Group

Collateral Infrastructure

Working Group

Dispute Resolution

Testing Group

CCP PAI Working Group

Dispute Resolution Working Group

ISDA Industry GovernanceISDA Industry Governance

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Asia Pacific Steering Committee (ASC)

Asia-Pacific Implementation

Group

Japan Implementation

Group

Rates Working Group

Equity Working Group

Credit Working Group

Japan Operations

Working Group

Collateral Management

Working Group

ISDA Industry GovernanceISDA Industry Governance

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Operations Steering Committee (OSC)

Settlements Implementation

Group

Metrics Working Group

Settlement Fails Working

Group