For each historical swap that ended or expired before April 25, 2011, end-users keep the registers of the primary economic conditions of the swap: which were in their possession from 1 October 2010 (for swaps made before the adoption of Dodd-Frank on 21 July 20 December 17, 2010 (for swaps concluded on July 21, 2010 or after July 21, 2013) in 2010 and before April 10, 2010 In all cases, the end user must keep the records five years after the end or expiry date of such a swap. In addition, end-users must retain copies of (i) of any confirmation made by the parties, (ii) of any major swap agreement and any change or modification of that exchange, and (iii) any credit support agreement related to the swap and any modification or modification of this contract. Records for historical swaps can be kept on paper or electronically and must be accessed within five business days. The legal definition of “swaps” in Dodd-Frank is fairly broad and includes a wide range of currency derivatives, such as foreign exchange swaps, foreign currencies, foreign exchange swaps, currency swaps, currency options (including pass options) and FX-Forward (NDF) contracts that are described in Schedule A of this warning. An ISDA master contract is the standard document that is regularly used to regulate over-the-counter derivatives transactions. The agreement, published by the International Swaps and Derivatives Association (ISDA), outlines the conditions to be applied to a derivatives transaction between two parties, usually to a derivatives trader and counterparty. The master contract of the ISDA itself is the norm, but it is accompanied by a bespoke timetable and sometimes an annex to support the credit, both signed by both parties in a given transaction. Over-the-counter derivatives are traded between two parties, not through an exchange or intermediary. The size of the over-the-counter market means that risk managers must carefully review traders and ensure that authorized transactions are properly managed. When two parties complete a transaction, they will each receive confirmation explaining their details and referring to the signed agreement. The terms of the ISDA master contract then cover the transaction.

Most multinational banks have ISDA master agreements. These agreements generally apply to all branches engaged in currency, interest rate or option trading.