On October 9, ISDA submitted two responses to the consultation issued by HM Treasury & Department for Business Innovation and Skills on Banking reform: draft secondary legislation (issued in July).
The first response was on behalf of the Joint Associations Committee (JAC) on Retail Structured Products in relation to structured issues.
The second response considers proposals for ring-fenced banks to be permitted to sell simple derivatives products only to their customers.
Documents (2) for ISDA/JAC response to HMT & BIS consultation on Banking Reform: draft secondary legislation
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