ISDA publishes FpML 5.13 Last Call Working Draft (build 5)

NEW YORK, January 23, 2025 - The International Swaps and Derivatives Association, Inc. (ISDA) published the Last Call Working Draft for Financial products Markup Language (FpML) version 5.13.

The FpML 5.13 draft is available on the FpML website in the Specifications section at: https://www.fpml.org/spec/fpml-5-13-5-lcwd-1/ 

Changes compared to FpML 5.13 Fourth Working Draft (build #4) published August 13, 2024:

[Confirmation View]

• Refinements to the Interest Rates Total Return Swap Product
• See examples in \confirmation\products\interest-rate-derivatives\ird-ex60, ird-ex61, ird-ex62
• Please provide feedback to info@fpml.org

[Recordkeeping View]

• Deprecated regulatoryDisclosure structure, including all types and elements that were used exclusively in regulatoryDisclosure.
• Deprecated samples using regulatoryDisclosure structures

[All Views]

• Changes to the schema to conform to the architectural guidelines. See schema changes compared to WD4 (build 4).pdf

Please provide feedback to info@fpml.org.

FpML is the industry standard for derivatives and complex products. A Last Call Working Draft indicates the version is nearing completion, with a last chance for the industry to provide feedback and influence the design. The latest version of the open-source standard is available on the FpML website: www.fpml.org.