ISDA, AFME and GFXD have sent a letter to the European Securities and Markets Authority (ESMA) laying out some key outstanding uncertainties in the Markets In Financial Instruments Regulation (MIFIR) post-trade transparency framework for investment firms from an over-the-counter derivatives perspective. This concerns are in addition to the uncertainty around the acceptable trading protocols for package orders containing a component subject to the trading obligation, and the territorial scope of MIFIR obligations, which ESMA are understood to be currently considering.
Documents (1) for Trade Associations Send MIFIR Letter to ESMA
Latest
Paper on Proposal 6 on Margin Transparency
On November 16, ISDA published a document that looked at proposal 6 in the final Basel Committee on Banking Supervision (BCBS), Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) report on margin transparency. Proposal...
Tender Issued for DC Administrator Role
ISDA and the Credit Derivatives Governance Committee have issued an invitation to tender for an independent regulated entity to serve as the administrator for the Credit Derivatives Determinations Committees (DCs), which includes assuming the role of DC secretary. The DC...
ISDA SIMM: The Standard for IM Calculations
The ISDA Standard Initial Margin Model (ISDA SIMM) plays an important role in ensuring margin calculations are consistent, transparent and aligned with global best practices and regulatory requirements. Since its launch in 2016, the model has been rigorously tested, regularly...
ISDA In Review – October 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in October 2025.