ISDA has responded to the European Financial Reporting Advisory Group’s (EFRAG) invitation to comment on the EFRAG’s Assessment on Prepayment Options with Negative Compensation, and requests EFRAG to urgently support the EU endorsement of the International Accounting Standards Board’s (IASB) IFRS 9 amendments. The objective of the amendment is to address the classification of particular financial assets with prepayment options when applying IFRS 9 Financial Instruments. More precisely, this issue addresses the situation in which the party that exercises an option to prepay a financial asset could receive a compensation payment from the other party. This is referred to as negative compensation.
Documents (2) for ISDA Responds to EFRAG on Prepayment Options with Negative Compensation
Latest
Response to EC Call for Evidence on Tax Omnibus
On March 30, ISDA, the International Securities Lending Association and the Association for Financial Markets in Europe responded to the European Commission’s (EC) call for evidence on the tax omnibus. The associations argue that inconsistent interpretation of “beneficial ownership” among...
Managing Risk for Australian Superannuation Funds
Assets managed by the Australian superannuation sector reached A$4.5 trillion in December 2025, equivalent to around 160% of Australia’s GDP. Given its size, the sector has rapidly expanded its global footprint, with the share of offshore investments growing as a...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Next Steps on a Much Improved Basel III Endgame
Publication of the revised Basel III endgame proposal earlier this month marks an important step towards completion of the global capital reforms, giving banks much-needed clarity on the likely calibration of the rules in the US. The new proposal is...