Article 77(1) of the Bank Recovery and Resolution Directive (BRRD) requires Member States to ensure that there is “appropriate protection” for title transfer financial collateral arrangements and set off and netting arrangements in a resolution measure undertaken by national authorities when exercising partial property transfer and contractual modification powers. ISDA has prepared a briefing note to assist EU Member States in implementing this important creditor safeguard under the BRRD.
Documents (1) for ISDA briefing note for EU Member States re Art.77(1) BRRD
Latest
Appropriate Capital Rules Critical for Markets
“Setting capital requirements for globally active banks is a fine balancing act. As regulators learned during the global financial crisis, insufficient capital creates vulnerabilities in the banking sector that can have damaging consequences in times of stress. However, if banks...
IRD Trading Activity Full Year 2024 and Q4 2024
This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the full year 2024, include: European...
Athens Derivatives Forum Scott O’Malia Remarks
ISDA Athens Derivatives Forum March 19, 2025 Opening Remarks Scott O’Malia ISDA Chief Executive Officer Good morning, everyone – welcome to ISDA’s first ever Athens Derivatives Forum. First, I’d like to thank the Hellenic Capital Market Commission (HCMC) for...
ISDA In Review – February 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in February 2025.