ISDA responded to the CPSS-IOSCO consultative report on Public quantitative disclosure standards for CCPs issued for comment on October 15. The consultation aims to increase the depth and consistency of quantitative disclosure related to CCPs to allow stakeholders to more comprehensively understand, evaluate and manage the risks inherent with their participation at any given CCP.
The ISDA response comments to particular questions detailed in the consultation supporting overall that more detailed and standardized quantitative data, available consistently across CCPs, will foster greater interaction between CCPs and their clearing participants that will promote more robust risk management practices and allow clearing participants to more effectively assess, monitor and manage CCP risk exposures. The Disclosure Framework, issued as response to key consideration 5 of principle 23 of the CPSS- IOSCO Principles for financial market infrastructures (PFMIs), will underpin clearing participant due diligence and risk assessment of CCPs.
Documents (1) for ISDA response to CPSS-IOSCO Consultative report: Public quantitative disclosure standards for CCPs
Latest
DRR Expanded to Cover Hong Kong's Revised Rules
ISDA has expanded its Digital Regulatory Reporting (DRR) solution to support revised derivatives reporting rules in Hong Kong, enabling in-scope firms to implement the changes cost-effectively and accurately. The amendments from the Hong Kong Monetary Authority (HKMA) and the Securities...
Joint Letter on Simplification of EU Taxonomy
On October 6, ISDA, the Association for Financial Markets in Europe (AFME), the European Fund and Asset Management Association (EFAMA), the European Association of Co-operative Banks (EACB) and the European Banking Federation (EBF) published a policy statement in support of...
Paper on Removal of SI Regime
On October 10, ISDA, the Association for Financial Markets in Europe (AFME) and the International Capital Market Association (ICMA) published a paper on the practical implications of the recent discontinuation of the systematic internalizer (SI) regime for derivatives, bonds and...
ISDA Analysis to ESMA on Reporting Costs
ISDA has submitted to the European Securities and Markets Authority (ESMA) an analysis of the costs of regulatory reporting, which proposes where savings can be made most effectively. This document supplements the recent response submitted by ISDA, the Association for...